Overview
This section will discuss how to run a short-term forecast using Apollo's Command Sequence.
- Required Inputs
- Step-by-step procedure
- Exercise
Short-term Forecasting
Forecasting is essential to electricity market analysis, providing analysts with insights into potential market conditions based on various assumptions.
Prerequisites
To perform a Short-Term Forecast in Apollo, the following inputs are required:
- Demand File: Forecasted load requirements.
- Must-Run Generation Capacity Factor File: Forecasted Must-Run Generation data.
- Bid Files: Forecasted bid profiles (Historical, Typical, or Custom).
To improve model accuracy, consider including a WAPOS event file for scheduled outages or enabling Monte Carlo Simulation for random outage modeling.
Tutorial Video (to add)
- Phase 1: Demand and Generation Preparation
- Phase 2: Bids and Event File
- Phase 3: Apollo Setup
Forecasted Demand
iLoad Demand Forecasting Service
Method 1: iLoad Forecasting Service (Recommended)
The iEnergy iLoad Forecasting Service streamlines this workflow by providing rolling Demand and MRG Capacity Factor files pre-formatted for direct use in iPool and Apollo. This service is powered by a sophisticated hybrid intelligence framework that integrates premium, high-resolution weather data with advanced machine learning and AI to provide high-fidelity energy predictions for the Philippine power grid.
- Advanced Demand Forecasting: The system processes a 70-feature matrix that includes cyclical temporal encodings, Philippine holiday detection, and "human comfort" drivers like the Heat Index and Cooling Degree Hours (CDH).
- Continuous Calibration: To ensure sustained accuracy, the service features Rolling 14-Day Auto-Calibration.
Manual Demand Forecasting
Method 2: Manual Forecasting (No Subscription)
If you do not have an active iLoad Forecasting subscription, you must manually generate your forecast files using one of the following options:
- Option 1 (Historical Persistence): Utilize historical Demand data by applying previous Demand.csv values to your target dates.
- Option 2 (Manual Correlation): Manually approximate demand by correlating historical output with daily max/min temperature forecasts.
Forecasted Generation
iLoad Generation Forecasting Service
Method 1: iLoad Generation Forecasting Service (Recommended)
- Wind Capacity Factors: For wind stations, the utility utilizes premium 100m hub-height wind data.
- Solar Capacity Factors: Solar forecasting is driven by a Physics+ML Hybrid model.
- Continuous Calibration: Features Rolling 14-Day Auto-Calibration.
Manual Generation Forecasting
Method 2: Manual Forecasting (No Subscription)
If you do not have an active iLoad Forecasting subscription, you must manually generate your forecast files using one of the following options:
- Option 1 (Historical Persistence): Utilize historical Must-Run Generation data by applying previous MRHCFac.csv values.
- Option 2 (Manual Correlation): Manually approximate solar generation by correlating historical output with daily max/min temperature forecasts.
If multiple scenarios are present, the top-most scenario in the list will be executed first. When new scenarios are added to Apollo, you must click the Restart button to ensure proper initialization.
Exercise
Give it a try and do this exercise:
Step 1 of 4
Backcast Calibration