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Day Ahead Demand Forecast

NESO·data_release·medium·22 Nov 2019·source document

Summary

NESO publishes day-ahead national electricity demand forecasts alongside historical forecast data. The dataset allows market participants to compare forecasted versus actual demand patterns. This is routine market intelligence rather than a policy change.

Why it matters

Demand forecasting data helps generators, suppliers, and traders optimise their positions in day-ahead markets, reducing balancing costs. As such, this supports efficient price discovery by providing common information to all market participants rather than creating information asymmetries.

Key facts

  • Day-ahead demand forecasts
  • Historical forecast archive included
  • Published 2019-11-22

Areas affected

wholesale marketgeneratorssuppliers
Memo

This dataset contains national electricity demand forecast for day ahead as well as all historic day ahead demand forecasts. The forecast assists the industry to make efficient decisions in balancing their supply and demand positions.