Information Services
PLEXOS Solutions makes available by 6 am every work day two distinct and comprehensive forecasts of the energy prices for the CAISO Day-Ahead and the WECC Term Market (9 to 12 months).
WECC Term Forecasts
- Fundamental energy forecast based on PLEXOS' advanced unit commitment and dispatch algorithm and hourly simulation time steps for current quarter, plus next three quarters.
- Real-time information is gathered at over xxx sites to provide the best available short-term forecast. Real-time information includes gas prices, hydro generation, system loads, outages, reservoir elevation levels, and snowpack.
- Energy prices are forecast for major WECC trading hubs and aggregated for on- and off-peak periods throughout the term.
CAISO LMP Forecast
- Day-ahead prices forecast for approximately 4,000 nodal points in the CAISO including aggregations at the trading hubs, aggregated load points, and key scheduling and pricing points.
- PLEXOS mimics the CAISO MRTU day-ahead almost exactly and produces LMPs and component pricing (energy, congestion, and losses) using a detailed DC-OPF model with 70+ contingencies.
- Daily report summarizes total on- and off-peak congestion by CAISO FNM Interface / Branch Groups with average loading and congestion price.
