Discover BID3: AFRY's leading power market modelling tool
Make better investment decisions today
BID3 is AFRY’s power market dispatch model that uses advanced mathematical techniques to model the dispatch of power stations, market prices, capacity evolution, hydrogen, and all other important features of power markets.
Known for its ease of use and exceptional accuracy, BID3 is the trusted choice for generators, regulators, and TSOs worldwide, including the European network along with South America, Asia-Pacific, Australia, and the Middle East.
BID3 continues to be at the cutting edge of power market modelling. Whether it is the challenges posed by intermittent renewables, the need to find the value of flexibility or understanding the impact of market design changes, BID3 provides the detailed modelling tools needed.
Why choose BID3?
1. Trusted data accuracy
BID3 is built on AFRY's years of experience and rigorous analysis, and built on the same datasets used to create the AIM Reports External link., ensuring dependable and precise outputs every time.
2. Complete flexibility
Whether you’re conducting short-term trading with live data or long-term scenario mapping to 2050 for decarbonisation goals, BID3 adapts to meet your unique requirements. If you want a user-friendly interface, or the power of automation via BID3Python, BID3 can cover it. And whether you want to run a single country on a laptop, through large compute clusters and hundreds of cores, BID3 can handle it.
3. Expert support
You’re never on your own, but instead you're standing on the shoulders of giants. Our support service draws on the expertise of 800 consultants working in electricity markets and in energy market modelling. We can help with your questions as we model the same things you do.
BID3 can provide the answer to all power market questions
Understand how a rapidly decarbonising future will play out in power markets:
Asset valuation
Financing and risk appraisal
Long term scenario analysis
Short term market forecasts
Interconnector assessment
Policy studies
Leading energy market modelling relied upon by clients across the globe
BID3 forms the backbone of AFRY’s reports and forecasts, which are trusted by banks, governments, developers, and utilities worldwide. We provide 700 clients with projections from our AIM Reports External link. for over 70 markets, all underpinned by BID3. With BID3, you can confidently answer critical questions about power markets.
Harness the power of the Cloud to efficiently handle unpredictable demand
BID3 Cloud Runs offer an innovative approach to managing computational demands with unmatched flexibility and efficiency.
How is it a game changer?
1. Scalability and Cost-Efficiency. BID3 Cloud Runs eliminate overprovisioning costs by dynamically scaling CPU cores to match your needs in real time. This means you only pay for the resources you use—no more, no less. It's perfect for handling unpredictable demands or tight deadlines.
2. Data Security and Integrity. Your data remains your own, stored temporarily on the cloud with robust encryption at both rest and transit. Our commitment to data security ensures peace of mind, with third-party security reviews and constant monitoring.
3. Seamless Integration. Continue using your current systems with no need for an IT overhaul. BID3 Cloud Runs seamlessly integrate with your existing workflows, providing direct access from the BID3 desktop application.
4. Advanced Management Tools. Our web-based management application offers full control with user access control, real-time billing transparency, and budgeting tools. Get detailed reports, set alerts, and adjust budgets on the fly to prevent overspending.
Short-term simulation at your fingertips with BID3 Short-Term
Incorporating all past and present data, BID3 Short-Term seamlessly combines short-term forecasts with long-term projections, offering a forward-looking market simulation up to three years ahead.
By simulating the system from the bottom up, with all power plants, storage, interconnectors and demand, you can understand the impact of any type of change to the power market.
BID3 Short-Term is used by traders active in power and commodities to hedge positions, run what-if scenarios, and simulate market changes that can’t be captured by Machine Learning techniques.
Last Published: 07-Nov-2025