A Holistic Approach to Forecasting Wholesale Energy Market Prices

  title={A Holistic Approach to Forecasting Wholesale Energy Market Prices},
  author={Ana Radovanovic and Tommaso Nesti and Bokan Chen},
  journal={IEEE Transactions on Power Systems},
Electricity market price predictions enable energy market participants to shape their consumption or supply while meeting their economic and environmental objectives. By utilizing the basic properties of the supply-demand matching process performed by grid operators, known as optimal power flow (OPF), we develop a methodology to recover energy market's structure and predict the resulting nodal prices by using only publicly available data, specifically grid-wide generation type mix, system load… 

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