seven-day ahead electricity demand forecasts

The Vulnerability Commitment’s signatories include Octopus Energy
April 8, 2021

National Grid ESO fined £1.5m for failing to provide accurate demand forecasts

​National Grid ESO has agreed to pay £1.5 million to Ofgem’s voluntary redress fund after it failed to provide unbiased and accurate seven-day ahead electricity demand forecasts in 2017.

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