Introduction¶
Predico is a collaborative forecasting market for the energy sector. Market Owners (system operators, energy companies, asset owners) publish forecasting challenges; Forecasters submit forecasts and compete for performance-based rewards.
Compared with bilateral forecasting contracts, Predico offers:
- Simplicity and efficiency — buyers reach many forecast providers through one market setup, cutting procurement and supplier-evaluation overhead.
- Market-based incentives — forecasters are paid on measured performance, which rewards accuracy and continuous improvement.
- Ensemble forecasting — submissions are combined into a skill-weighted aggregate that balances individual biases and reduces extreme errors.
The result is a transparent forecasting ecosystem where buyers obtain more robust forecasts and forecasters gain access to new markets.
Important
Participation is governed by the Terms of Use and the Terms and Conditions you accept when you register. This documentation explains how the platform works day to day.