2 Day Ahead Demand Forecast
Summary
NESO publishes 2-day ahead national electricity demand forecasts as a regular data service. The dataset includes current forecasts and historic forecast performance to help market participants balance supply and demand positions. This is operational market data rather than a policy change.
Why it matters
This provides essential price discovery information for generators, suppliers and traders scheduling plant and trading positions. As such, it supports efficient market operation by reducing information asymmetries, though the forecast accuracy and methodology determine its value for market participants.
Key facts
- •2-day ahead demand forecast
- •Includes historic forecast performance
- •Published 2019-11-22
Areas affected
Memo
This dataset contains national electricity demand forecast for 2 days ahead as well as all historic 2 day ahead demand forecasts. The forecast assists the industry to make efficient decisions in balancing their supply and demand positions.