Funding entity Everest Insurance (Ireland) DAC, Sucursal en España
The objective of the collaboration proposal is to design, develop, and validate a robust, transparent, and fully explainable quantitative framework capable of forecasting Iberian day-ahead electricity prices and estimating the PV capture price for 2026–2027. The framework must enable a rigorous assessment of the probability and drivers of low-price events, ultimately supporting Everest Insurance in the pricing and structuring of insurance products linked to PV market risk.
Layman's summary: The objective of the collaboration proposal is to design, develop, and validate a robust, transparent, and fully explainable quantitative framework capable of forecasting Iberian day-ahead electricity prices and estimating the PV capture price for 2026–2027. The framework must enable a rigorous assessment of the probability and drivers of low-price events, ultimately supporting Everest Insurance in the pricing and structuring of insurance products linked to PV market risk.
Techniques employed: Optimization, regression analysis and artificial intelligence
Everest2025
