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Energy Modeling:


Earlier, the regulators fixed the electricity prices as a function of supply cost. In the regulated market, price variations were minimal  and the participants in the electricity market had  limited  price risk exposure and there was no need for a electricity pricing model, which could forecast the prices with precision.

With deregulation and setting up of Power exchanges in India, the electricity prices are now market  determined and reflects the equilibrium price established by  intersection of supply & demand function.

This means that  electricity  prices are uncertain and there is  need for  efficient  pricing model to forecast  accurately the electricity prices, on which investments, operation & risk management decisions can be based.

Our  Stochastic Model forecasts the electricity price for short & medium term, capturing the features of electricity prices behavior  as observed in the Indian market.

 

For discussion, please contact:  modeling@albedoenergy.co.in

 

 

 

 
 

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