Belgian Power Financial Base Futures

Energy · Monthly series · CM-BEB1.ICEENDEX

Latest, October 2026

240.23 EUR/MWH

+46.7% from September 2026

Open interactive chartBelgian Power Financial Base Futures in the app

730.2320.7-88.74November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 142.30 EUR/MWH, with an 80% interval of -82.00 EUR/MWH to 730.22 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026230.28 EUR/MWH149.66 EUR/MWH345.45 EUR/MWH
December 2026209.69 EUR/MWH132.49 EUR/MWH338.98 EUR/MWH
January 2027183.59 EUR/MWH-88.74 EUR/MWH708.86 EUR/MWH
February 2027147.22 EUR/MWH18.58 EUR/MWH448.93 EUR/MWH
March 2027127.02 EUR/MWH-42.00 EUR/MWH550.48 EUR/MWH
April 2027118.21 EUR/MWH31.12 EUR/MWH340.18 EUR/MWH
May 2027113.17 EUR/MWH-7.03 EUR/MWH425.33 EUR/MWH
June 2027114.37 EUR/MWH-2.61 EUR/MWH425.93 EUR/MWH
July 2027115.06 EUR/MWH-20.40 EUR/MWH482.34 EUR/MWH
August 2027125.49 EUR/MWH24.69 EUR/MWH393.01 EUR/MWH
September 2027134.94 EUR/MWH-37.01 EUR/MWH598.16 EUR/MWH
October 2027142.30 EUR/MWH-82.00 EUR/MWH730.22 EUR/MWH

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-1%Matches the no-change baseline over 7 tests (7 tests, 2 won)
Direction
54%No clear edge over a coin flip (45 of 84 calls right in 7 tests)
Turning points
8 of 33Anticipated some turns (33 turns in 7 tests, 0 without a turn)
Error vs baseline
1% higherError ratio 1.01; 1.00 is a tie.
Tests won
2 / 7Complete rolling backtests; ties count as no win.
Test period
2019-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
82%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 95% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026240.23 EUR/MWH
September 2026163.80 EUR/MWH
August 2026134.55 EUR/MWH
July 2026126.78 EUR/MWH
June 2026106.23 EUR/MWH
May 202696.99 EUR/MWH
April 202680.45 EUR/MWH
March 202699.25 EUR/MWH
February 202672.92 EUR/MWH
January 2026118.51 EUR/MWH
December 202596.13 EUR/MWH
November 202590.97 EUR/MWH
October 202589.63 EUR/MWH
September 202581.32 EUR/MWH
August 202581.56 EUR/MWH
July 202574.60 EUR/MWH
June 202573.17 EUR/MWH
May 202560.92 EUR/MWH
April 202556.65 EUR/MWH
March 202573.30 EUR/MWH
February 202590.97 EUR/MWH
January 2025129.49 EUR/MWH
December 2024113.97 EUR/MWH
November 2024101.75 EUR/MWH

Source

Data: public market data feeds.

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