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  • Writer's pictureTom Kenny

DOE - Net Load Forecasting Prize - Up to $600k in cash prizes

The American-Made Net Load Forecasting Prize is open to forecasting industry organizations that cater to utilities, system operators, and power plant owners, as well as academic teams with machine learning capabilities that are interested in forecasting. Competitors are required to submit daily day-ahead probabilistic net load forecasts, with an hourly resolution, over the course of four weeks and across multiple distinct climatic locations in the United States. The Solar Forecast Arbiter will be used to evaluate how well each competitor’s forecasts performed compared to a benchmark forecast. By using the Arbiter for comparing forecast performance, the Prize helps demonstrate the feasibility of fair, transparent, and high-quality evaluations of probabilistic net load forecasts using a publicly available open-source platform.

This prize offers up to $600,000 in cash prizes, with three anticipated winners and three anticipated runners-up.


Timeline

  • The competition opened on February 7, 2023.

  • An informational webinar will be held at 3 p.m. ET on February 20. Register.

  • Competition registration materials are due March 27, 2023.

  • Forecast submissions for the competition start on April 30, 2023.

  • Winners will be announced in June 2023.



Grant Management Associates has years of experience in helping applicants apply for opportunities like this one. Contact us today for a consultation.

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