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Latest model release

Predispatch model

p7day model

Modelid

20221129_171124_CB_1

Model retraining date

4th April 2023

Machine Learning Algorithm

Random Forecast Regression

Random Forecast Regression

Training Period

March 2018 to 30th March 2023

Hyper-parameter type

A

A

Hyper-parameter notes

No weighting across time periods.

No weighting across time periods.

Target

Dispatchprice (30min resolution)

Input (and training) variables

rrp

dispatchableload

netinterchange

rolling_rrp

(availablegeneration - uigf)

(dispatchablegeneration - scheduled_clearedmw)

ss_solar_clearedmw

ss_solar_uigf

ss_wind_clearedmw

ss_wind_uigf

totaldemand

totalintermittentgeneration

Machine learning algorithm details

Hyper parameters:

No weighting across time periods. It is likely that we’ll add weighting to more recent training periods.

To be disclosed with later release stages.

Model_id:

20221129_171124_CB_1

Input variables (features)

Note that more variables are used as inputs into the model than are presented in the Model Input Chart in the Home page of pd4castr. Chart variables are representative of the key variables of the model but changes in other variables may also impact the model forecast.

Variables that imply binding interconnectors (such as limits and marginal values) are currently not included as features.


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