Building Scalable AI Solution for Electricity Price and Demand Forecasting in an Evolving Energy Industry
About This Talk
In our evolving energy industry, price and demand forecasting play an increasing critical role in navigating the landscape. Utilities, power producers, policymakers and other market participants need reliable forecasts to effectively plan, manage risks and maximize profit. Accurate price and demand forecasting also enables market participants to understand the implications of changing regulations and policies on energy markets and adjust their operational strategies accordingly.
This session introduces scalable AI-based forecasting solutions that cater to price and demand forecasting, capable of traversing multiple Independent System Operators (ISOs) with diverse market designs and providing support to interested stakeholders.
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