FAQ: Backtest and Calibration

• How are you backcasting results?

How are you backcasting results?

See our backcasting page.

Covering Jan 2021 - March 2024, this page explores how well our fundamentals model predicts hourly prices, as compared to the Nordpool Day ahead hourly price.

We also explore how well our full model predicts battery revenues in our Model Calibration pages, where the impact of modeling error, site availability, perfect hindsight, and all sorts of other effects are quantified and you can see how well the Modo forecast does against the Modo benchmark.