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Platform for Fundamental forecasts

Fundamental forecasts

Fundamental forecasts for Finland, Sweden, Baltics and Germany.
Wind forecast milloin.energy
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Turku Energia
EPV
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Vantaan Energia
Oulun Energia
Hytrade
Kuopion Energia
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Lahti Energia

Key features

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WEB UI

Customer-praised user interface

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API

API interface for all forecasts

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Excel Export

Export forecasts to excel with one button

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Update cycles

New forecasts every day several times

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TSO forecasts

TSO forecasts for fundamentals alongside our own.

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Multiple price areas

Finland, Sweden, Baltics & Germany

Frequently Asked Questions

How often are fundamental forecasts published?

Currently, the latest forecast is updated six times a day, every day. Same as our Day-ahead forecasts. After the publication of spot prices for the next electricity market day, the schedule for new fundamental forecasts is as follows (Finnish time)

  1. at approx. 16:00
  2. at 21:00
  3. at 07.00
  4. at 8.30
  5. at 10.00
  6. at 11.00

We have the possibility to update the forecasts more frequently if customer needs require it.
What bidding zones do you cover?

Currently we provide fundamental forecasts in these price areas / bidding zones:

  • FI
  • SE_1
  • SE_2
  • SE_3
  • SE_4
  • EE
  • LT
  • DE_LU

We aim to cover more areas in the future and will update the list.

What fundamental forecast you provide?

Currently we offer wind & solar forecasts. We aim to add more fundamentals soon fore example transmission forecasts as well as load forecasts.

We have a lot of different fundamental forecasts and data in the background of the price forecasts, but we will publish some of it in our web UI in the future.

We will update the list going forward.

What data sources does the forecasts use?
Our forecasts use weather and electricity market related variables from Finland, Nordics, Baltics, and Central Europe. Variables include:
  • Weather observations and forecasts
  • Urgent Market Messages (UMM's) related to transmission, production and consumption unavailabilities.
  • Fuel prices
  • Hydrological situation
  • Actual production of certain production types
  • Production and transmission capacities
  • A subset of the Flow Based transmission domain in the Nordics, as published by the Joint Allocation Office (JAO)
What period does the forecast cover and in what resolution?

Our current forecast length is 7 days, starting from the last known day ahead price. The forecast resolution is currently 1 hour.

⭐️⭐️⭐️⭐️⭐️

97% customer satisfaction

 

Ahead of competition

"You have clearly been able to bring something new to the forecasting market and in our experience this approach seems to be very competitive in forecasting electricity prices."

Jukka-Pekka Häkli, COO, Hytrade
Jukka-Pekka Häkli
COO, Hytrade

Most accurate forecast

"Your day ahead spot forecast brings a high quality comparative view alongside other day ahead forecasts. The accuracy of your forecasts has convinced us, especially for high and low prices."

Kalle Karjala, Turku Energia
Kalle Karjala
Operations Manager, Turku Energia

Main forecast for Day Ahead

"We mainly use milloin.energy's day-ahead forecasts. Clear forecasts and an outstanding level of success."

Jari Kananen Kuopion Energia
Jari Kananen
System Engineer, Kuopion Energia
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