Recent Advances in Electricity Price Forecasting: A 2024 Perspective

Rafał Weron ( Wrocław University of Science and Technology)

Friday 22nd March 13:00-14:00 Zoom


Electricity price forecasting (EPF) is a branch of energy forecasting on the interface between econometrics/statistics, computer science and engineering, which focuses on predicting the spot and forward prices in wholesale electricity markets. Over the last 25 years, a variety of methods and ideas have been tried for EPF, with varying degrees of success. In this talk I will review recent developments in this fascinating area, including (but not limited to) probabilistic forecasting, combining forecasts and deep learning.

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