Home : Products : Forecasts

AURORAForecast

The AURORAForecast is a 12-month rolling forecast of average, on-peak and off-peak prices, generated by the pace-setting AURORAxmp Electric Market Model and delivered each month.  AURORAForecasts include:

• Monthly Forecast of Western US Prices
• Rolling-twelve month forecast
• The latest forecasts of market conditions
• Delivered by the 21st of each month
• Forecast of Monthly Prices Over 12 Months

The following AURORAForecast is available:

• Western U.S.
  The Western U.S. AURORAForecast is a 12-month forecast of monthly electric prices for WECC trading hubs(e.g., Palo Verde, Four Corners, COB) and market areas (e.g., Southern California).
  

Forecast of Monthly Prices Over 12 Months

The forecast is delivered monthly and includes average, on-peak and off-peak prices.  The AURORAForecast offers power marketers, traders, generation owners, aggregators, governmental agencies, and large commercial and industrial customers an intermediate-term projection of Western U.S. market prices.  

The report includes the assumptions, forecast results and a discussion on uncertainty.  The results are summarized in charts and tables for monthly prices for the 12-month period and monthly price volatility.

Based on Fundamental Market Drivers

AURORAxmp produces forecasts by using fundamental market drivers.  The AURORAForecast reflects projected loads, coal and natural gas prices, and hydro conditions for the desired market area.

Delivered Each Month

Price forecasts are delivered each month to subscribers.  Customers receive tables showing forecast average monthly, on-peak and off-peak prices.

Produced by Most Powerful Market Model

Unlike many other forecasts, the AURORAForecast is built on a fundamentals-based approach that takes into account daily variations in operating and weather conditions that influence electricity prices. This forecast uses the market-leading AURORAxmp Electric Market Model and the North American database.

To learn more about the AURORAForecast, click here or call 503-722-2023 ext. 1.