Forecast optimization with Likron CAB Strategy
Forecast deviations represent a significant risk component in the procurement and marketing of hard-to- forecast schedules. The Likron price forecasting service supplies tradable price forecasts for the market segments following the day-ahead (DA) market (intraday, balancing) at the time of the spot auction. Marketers of renewable energy can thereby reduce their risk of forecasting costs systematically.
When forecasting your optimal schedule, the CAB strategy takes into account the inherent uncertainty of the production and consumption estimates. From the statistical profile distribution the optimal profile in terms of the lowest earnings risk is determined.
Customers: marketers of renewable energy, energy-intensive businesses.