30-Year Energy Pricing Forecast
DENVER, CO JULY 25, 2018
Energy Acuity, a leading provider of data, intelligence, and analytics on the energy industry, announced that it has added a 30-year energy pricing forecast to its product suite. The forecast is licensed from Navigant (NYSE: NCI) and includes on-peak, off-peak, and all-hours energy prices for all major ISO hubs and zones. This forecast is produced using the production cost modeling software, PROMOD, as well as several proprietary Navigant models. The forecast will be available for purchase by region, will be accompanied by a detailed methodology, and will be updated twice annually.
“Our 30-year forecast provides robust energy pricing forecasts with a transparent methodology at a competitive price. Price forecasts can be purchased for just a single region, up to the entire U.S. depending on the client’s needs. We feel that Navigant’s expertise in energy price forecasting combined with the transparency on how the forecast was developed and the fact that clients can purchase forecasts for only the hubs and zones they need make this a compelling product offering.” – Cliff Rose, Energy Acuity Product Manager.
The inputs that go into PROMOD include plant operating parameters, fuel costs, environmental costs, transmission constraints, and demand and energy forecasts. The modeling process also accounts for unexpected market volatility. Navigant runs the PROMOD at the nodal level with a full transmission representation. These nodal hourly prices are then aggregated into the monthly and annual zonal and hub prices included in this forecast.
“We are excited to partner with Navigant, an industry leader in energy market forecasting,” said Maxwell Ryan, VP Research and Product Development at Energy Acuity. “We believe this forecast complements our existing products and will provide great value to our clients. Using the forecast along with other Energy Acuity products will provide a one-stop shop for energy market analysis and project development.”
About Energy Acuity: Energy Acuity provides intelligence on the energy industry and markets through an online platform. The product suite covers over 14,200 companies, 2,900 utilities, 65,270 projects, 94,000 industry professionals, and over 809,000 properties
About Navigant: Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
Need more 30-Year Energy Pricing Forecast information and analysis? Request a Free Demo of the Energy Acuity Platform Today!
Energy Acuity (EA) is the leading provider of power generation and power delivery market intelligence. EA’s unique approach merges primary research, public resource aggregation, web monitoring and expert analysis that is delivered through a simple, dynamic online platform. This allows our clients to focus on actionable information and win business over the competition.