EnergyMAX Energy Forecasting Solutions
Oil & Energy - , Metro Manila, Philippines
EnergyMAX Energy Forecasting Solutions Employees
EnergyMAX Energy Forecasting Solutions Senior Management
EnergyMAX Energy Forecasting Solutions Details
We provide medium and long term energy price forecasts for the Luzon and Visayas regions using iPool, the chosen energy price forecasting system by established market players in the Philippines. We take a sophisticated approach to energy price forecasting by: o Employing a bid-based plant dispatch model factoring in scheduled and random outages; o Using seasonality in the Philippines to derive system demand profile and generation profile of hydro, solar, and wind; and, o Applying probabilistic models to generate a large number of scenarios (>50) and to determine the possible price resultsWe use relevant public information such as market data, plant outage schedules, weather projections, and power projects under development to come up with the most probable market scenarios.
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