Forecasting Electricity Prices With Machine Learning: Predictor Sensitivity
Forecasting Electricity Prices With Machine Learning: Predictor Sensitivity
Purpose: Trading on electricity markets occurs such that the price settlement takes place before delivery, often day-ahead. In practice, these prices are highly volatile as they largely depend upon a range of variables such as electricity demand and the feed-in from renewable energy sources. Hence, accurate forecasts are demanded. Approach: …