American-Made Net Load Forecasting Prize
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.
