Achieving Reliable Forecasting Amid Market Volatility

Synopsis

Volatile markets and geopolitical uncertainty are making long-term power price forecasts increasingly unreliable, complicating investment and contract decisions. This session explores forecasting methodologies, emerging demand factors such as EVs and data centres, and the distinction between bankable forecasts for contracts and economic forecasts for strategic planning.
• Examine the challenges of forecasting power prices in volatile and evolving markets
• Explore forecasting methodologies and the value of frequent updates versus static annual models
• Discuss how forecasting uncertainties affect investment decisions, contract risk, and developer creditworthiness