Report

cnMAE
The Right Metric for Evaluating Solar Forecasts

The utility industry has several conventional metrics for assessing predictive error in load forecasting. But none of them are the right fit for the unique characteristics of solar and solar forecasting. Amperon proposes the industry standardize around a new metric, cnMAE, to overcome the current limitations.

gray upside down graphic

With increasing number of solar photovoltaic power plants coming online, solar forecasting is becoming more important for many players within the power and utility industry. With these growing use cases, it’s just as important to understand how accurate your forecasts are. However, any forecast is going to have a margin of predictive error.

The utility industry has several conventional metrics for assessing predictive error in load forecasting. But none of them are the right fit for the unique characteristics of solar and solar forecasting.

In this paper, our experts:

  • Evaluate several conventional metrics for assessing predictive error in load forecasting.
  • Introduce cnMAE as the better alternative.
  • Provides cnMAE comparisons and seasonal context.

Download Report

Amperon’s innovative modeling approaches produce high quality demand forecasts for the Australian NEM.
aemo logo white background
Michael Davidson
Manager Operational Forecasting at Australian Energy Market Operator
Our virtual power plant utilizes precise forecasts and analytics that Amperon helps deliver. We are excited to continue growing with them as our trading desk partner.
ohmconnect logo purple
Matt Duesterberg
Founder and President at OhmConnect
We use Amperon’s forecasting platform every day to help make better-informed decisions and to optimize our portfolio. It’s been a pivotal tool in our decision-making.
orsted logo blue
Trader at Orsted, the world’s largest developer of offshore wind farms
Innovation is always a challenge for forecasting. Having Amperon as a partner allows us to understand our risk and load forecasts while we continue to innovate our product offerings.
rhythm logo purple
Roozbeh Amirazodi
Head of supply and portfolio management at Rhythm Energy