Opinion

Infographic | Nodal Price Forecast for ERCOT

With extreme power market volatility and price fluctuations which cause uncertainty in trading and asset valuations, the need for price forecasting at a nodal level has never been greater

1 minute read

Market volatility is reshaping how traders, analysts and utilities make decisions. With our new Nodal Price Forecast solution, you can anticipate market movements with unmatched accuracy and confidence. This powerful tool delivers real-time and day-ahead LMP (Locational Marginal Price) predictions at a 5-minute resolution, helping you react faster and trade smarter.

Fill out the form on this page to download our nodal price forecasting infographic, explore how our model transforms power market forecasting  and see why it’s the edge you need in an unpredictable market. Plus, read on for a short overview of what the solution delivers: 

What Nodal Price Forecast delivers - and why it matters

  • Accurate, nodal-level forecasts: Access price predictions across 643 ERCOT nodes, expanding to 9,000 in future releases.

  • Granular insights: View 5-minute interval forecasts to capture real-time market dynamics.

  • Proprietary data advantage: Combine real-time, historical, and contextual information (weather, outages, generation data) for deeper intelligence.

  • Scalable & expanding: Coverage across all six North American ISOs underway.

Who benefits

  • Power traders: Hedge smarter with forward-looking nodal forecasts.

  • Utilities: Optimise assets and purchasing with dependable data.

  • Financial analysts: Identify trends and guide investments with precision.

  • Schedulers: Eliminate guesswork and improve profitability.

Don't get left behind in volatile markets

Fill out the form on this page to download the infographic and see how Wood Mackenzie’s Nodal Price Forecast solution gives you clarity, confidence and a competitive advantage.