Title and abstract of the planned talk

Rafal Weron

Wroclaw University of Science and Technology

Rafal Weron is Professor of Management Science and Head of the Department of Operations Research and Business Intelligence at the Wroclaw University of Science and Technology. He is one of the leading world experts on energy forecasting and is periodically engaged as a consultant to financial, energy and software engineering companies. Details on current projects and publications are available on Rafal’s website.

The title and abstract of the planned talk are on the right side.

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.