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Electricity Price Forecasting Multi Agent Modelling

Multi Agent Models for Electricity Price Forecasting

The second part of the Electricity Price Forecasting series looking at agent-based models which simulate the simultaneous operations and interactions of multiple agents in an attempt to re-create and predict the appearance of complex phenomena.

An Introduction to Electricity Price Forecasting

A variety of methods and ideas have been tried for electricity price forecasting over the last 15 years. This review series aims to explain the complexity of the available solutions, their strengths and weaknesses. This first part introduces the topic, the key terms and lays out the road ahead.