Explore our library of blogs and updates for the latest in AI and short-term power trading.
With platforms like PICASSO now operational, cross-border balancing has dampened some of the sharpest edges that characterized earlier years. Imbalance value still exists, but capturing it that has become more competitive.
As of the 1st of October, European day-ahead power markets will transition from hourly to 15-minute market time units (MTUs). How does this impact bidding logic? Will a sawtooth pattern emerge?
Belgium will join the European cross-border balancing platform PICASSO. This step aligns Belgium with the EU’s broader efforts to harmonize balancing markets, enhancing the coordination of aFRR activations across borders.
In just a few days, Dutch Transmission System Operator (TSO) TenneT will join the European cross-border balancing platform PICASSO, making the Netherlands the first country to go live after Italy suspended its participation.
Trade strategies that incorporate probabilistic price forecasts offer a comprehensive view of uncertainty. This article reviews the advantages and qualities of probabilistic forecasts, then provides ways to apply conformal prediction.