Title: “Recent advances in electricity price forecasting: A 2020 perspective”
Abstract: Electricity price forecasting (EPF) is a branch of energy forecasting on the interface between econometrics/statistics 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.