energy forecasting Research on: Price and Quantity prediction in Multi-Agent Energy Markets using Economic Regime Forecasting
Objectives
(i)Market price and demand forecasts for a complete micro energy grid: The obejctive is to provide this forecast to an outside large scale utility company that can determine likely future balancing power demand within the region and optimize its power generation schedule accordingly
(ii)Individual demand (supply) forecasts for (and by) auction participants (agents) that are used to determine and optimize their individual bidding strategies
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