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Multi-Model Day Ahead Price Forecast

Power markets are more volatile than ever. To deliver price forecasts you can trust, Montel combined multiple models and scenarios to capture different sources of uncertainty.

Overview

Hosted on Montel EnAppSys, this new adaptive layer combines Montel’s core models - Montel AI, Montel Energy Quantifed, and Montel SysPower - into one dynamically weighted day-ahead forecast.

It learns from past accuracy and current market context to select the most reliable model mix for each situation, covering 18 European markets.

The Multi-Model Day Ahead Price Forecast covers 18 major European power markets - from the Nordics to Southern Europe - including Austria, Belgium, the Czech Republic, Germany, Denmark, Spain, Finland, France, Greece, Great Britain, Croatia, Hungary, the Netherlands, Norway, Poland, Portugal, Sweden, and the ISEM market (Ireland/Northern Ireland).

Capturing uncertainty, improving confidence.

Why combining forecasts?

Day-ahead power prices are influenced by a growing mix of renewable generation, flexible assets, cross-border flows, and rapidly shifting demand. As market complexity increases, relying on a single forecast model can lead to blind spots and inconsistent accuracy.

The Multi-Model Day Ahead Price Forecast addresses this by reducing model bias and increasing signal stability. By combining different modelling philosophies, it provides a more balanced and reliable price view - one that better reflects how real markets behave hour by hour.

via Montel EnAppSys

How it works

The forecast blends Montel’s core models - Montel AI, Energy Quantified, and SysPower - into one adaptive day-ahead price forecast. Rather than treating all models equally, it dynamically adjusts the contribution of each model based on where it has performed best in similar conditions.

This creates one unified forecast per quarter hour and market, designed to stay reliable across changing market regimes

One forecast. Backed by a full analytics platform.

The Multi-Model Day Ahead Price Forecast is one of many advanced analytics available on Montel EnAppSys.combining market fundamentals, insights, and system modelling in a single decision-making platform.