Price Forecast Competition

The EEM2016 Organizing Committee in collaboration with SMARTWATT are launching a price forecast competition, providing a dynamic and realistic gaming context, to involve the scientific, academic and industry community in order to address a real price forecast problem.

The challenge will be to forecast the hourly spot price of the Iberian Electricity Market, MIBEL, on a daily rolling basis, for the 24 hours of the 5 days ahead.

Over 14 days of competition, from 4th to 17th of April 2016, until 10.00 UTC, competitors must submit the forecast for the 5 days ahead.

Historical hourly data will be provided for 2015. A daily update of data will be available for the competition rolling period.

The winner will receive 1000 € and the 3 highest ranked forecasters will have FREE ACCESS TO THE EEM2016 Conference.

Complete information about this competition can be obtained here (pdf file) and the access to a facebook dicussion forum on the Price Forecast Platform can be done here. The Complatt Price Forecast Competition platform was launched on the 15th of February and it can be accessed complatt.smartwatt.net.