Bayesian Hierarchical Probabilistic Forecasting of Intraday Electricity Prices.
Daniel NickelsenGernot MüllerPublished in: CoRR (2024)
Keyphrases
- electricity markets
- wind power
- market clearing
- electricity consumption
- bayesian networks
- posterior probability
- exchange rate
- electric power
- short term
- market participants
- power generation
- unit commitment
- wind speed
- load forecasting
- hierarchical bayesian
- demand forecasting
- data driven
- software agents
- forecast models
- nonparametric bayesian
- market prices
- long term
- uncertain data
- decision theory
- bayesian inference
- power system
- probabilistic model
- forecasting model
- bidding strategies
- long run
- hierarchical structure
- foreign exchange
- maximum entropy
- gaussian process latent variable models
- generative model