Horizons Energy: Advisory LMP Price Forecasting

Designed for the Analyst

Running a power planning model effectively and validating the results is a complicated task. Use results that have been vetted and analyzed by power market experts.

The Horizons Energy Advisory LMP service gives you the flexibility to use results vetted and analyzed by power market experts in conjunction with your own knowledge of the market.

For example, the Horizons Energy Advisory LMP service might be useful in a situation where you want to focus on a detailed study of a given power market but would like to represent price influences from remote markets. The LMP prices the service provides would represent those remote markets.

for project finance, tax assessments, budgeting, rate cases, and developing hedging strategies.

EnCompass provides a detailed commitment and dispatch optimization model to capture all operating constraints. This allows you to project future operations and financial metrics for a single power project or a portfolio of energy assets.

Use better reporting and tools to forecast expected future market conditions, and assess the risk associated with uncertain and volatile market drivers.

LMP Price Forecasting Service

The Horizons Energy Advisory LMP service provides insight by delivering nodal price forecasts as a supplement to its zonal advisory service.

Locational marginal price (LMP) is the predominant pricing mechanism in North American power markets. ISOs and RTOs can reflect the physical limits of the transmission system to calculate the costs of congestion and losses when transporting power from individual generator stations to load centers.

Zonal simulations capture the regional market price impacts from fuels, emissions, transmission, demand, and emerging technologies.
Nodal prices capture the locational differences in costs due to congestion and losses.
Hourly nodal forecasts are available over the years 2021 to 2050.
It’s extensively researched, benchmarked, and analyzed by industry professionals with 25+ years of power market pricing experience.