Day Ahead Wind Forecast
Summary
NESO publishes day-ahead wind forecasts at national and BMU level, plus the historic archive of prior forecasts. The dataset is intended to help market participants balance supply and demand positions.
Why it matters
Forecast transparency reduces information asymmetry between NESO and parties trading around wind output, which marginally tightens day-ahead and within-day spreads. The historic archive matters more than the live feed: it lets traders and analysts score NESO's forecast against outturn and price the residual uncertainty themselves.
Key facts
- •National and BMU-level day-ahead wind forecasts
- •Includes full historic archive of day-ahead forecasts
- •Published by NESO to support supply/demand balancing
Areas affected
Memo
The dataset contains national and BMU wind forecast over a day ahead timescale as well as all historic day ahead wind forecasts to assist the industry to make efficient decisions in balancing their supply and demand positions.