About
Project background, development philosophy, goals, data notes, and contact information.
EU Power Prices
EU Power Prices is an independent project focused on forecasting and analyzing European electricity markets using machine learning and publicly available data.
The project began as a personal experiment with a simple question:
How accurately can German day-ahead power prices be forecast using publicly available weather forecasts and market data?
The initial work focused on combining ECMWF weather forecasts, ENTSO-E market data, and machine learning techniques to forecast German electricity prices. Over time, the forecasting models improved, additional market fundamentals were added, and the project gradually expanded beyond Germany to cover multiple European bidding zones.
What began as a small forecasting experiment eventually grew into the platform you see today, featuring price forecasts, market fundamentals, forecast evaluation, and historical market analysis across Europe.
EU Power Prices remains, first and foremost, a project built out of curiosity about electricity markets and forecasting.
Independent and Non-Commercial
EU Power Prices is currently a non-commercial project.
The site is developed and operated independently. The primary goal is to explore electricity market forecasting, share insights, and make market data more accessible.
Development Philosophy
Development is driven primarily by curiosity and personal interest rather than a fixed roadmap.
There is no formal release schedule or development team behind the project. New features, markets, and improvements are added incrementally as time permits and new ideas emerge.
As a result, some parts of the platform may evolve rapidly while others remain unchanged for longer periods.
Project Goals
- Explore the practical limits of electricity price forecasting using machine learning
- Understand how weather forecasts and market fundamentals influence power prices
- Evaluate forecast performance transparently using historical outcomes
- Make European power market data easier to understand and analyze
- Continuously experiment with new forecasting approaches, features, and data sources
Data and Forecasts
The forecasts and analytics presented on this site are provided for informational and educational purposes only.
The forecasting models rely primarily on publicly available weather and electricity market data. While considerable effort is made to produce useful and accurate forecasts, electricity markets are inherently complex and forecasts will never be perfect.
Additional details on the forecasting approach, model inputs, and limitations can be found on the Methodology page.
Contact
Questions, feedback, bug reports, and suggestions are always welcome.