Forecast accuracy — National Average
Last-2-Weeks · lead time 1d ahead
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MAE
10.09
£/MWh mean abs error
RMSE
17.04
£/MWh root mean sq error
Bias
5.57
£/MWh systematic over/under
Samples
672
half-hour slots compared
Last Week Last 2 Weeks Last Month Custom Dates
Lead:
AgileForecast X2R
Accuracy vs lead time
Accuracy by lead time (£/MWh)
Model Metric <1d 1d 2d 3d 4d 5d 6d 7d 8d 9d 10d 11d 12d 13d
AgilePredict MAE 0.38 10.09 20.05 21.84 21.04 21.01 21.29 22.01 21.65 22.49 21.80 20.28 19.75 24.18
AgilePredict RMSE 2.13 17.04 33.02 38.81 39.27 39.02 40.01 40.26 40.30 40.41 41.07 38.05 30.65 34.86
AgilePredict Bias +0.38 +5.57 +0.83 -1.18 -1.39 -0.09 -1.11 -3.86 -2.63 -2.07 -2.55 -1.51 -1.82 -4.94