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Project information

Improvement of tools devoted to economic planning and forecasting market prices

A. Ramos Á. Baíllo J.M. Latorre

January 2003 - December 2003

Funding entity Iberdrola


The MAFO application is currently used by IBERDROLA in its daily bidding process, what implies that it is very critical. That systematic use induces the continuous identification of undetected errors and of new development needs. The current project is oriented to the application maintenance and to the introduction of improvements to make it more powerful and flexible.
The MPO application is currently used by IBERDROLA in the process of annual budgeting and last yearly prevision. This application is tightly related with the estimation of balance sheets of the Five Years Plan. This systematic use requires a continuous process of maintenance and improvement. The current project is oriented to both purposes.


MAFO-MPO