At the heart of the 4th Power Price Forecasting Summit lay the mission to bring together thought leaders from power generation and energy trading companies, energy utilities, electricity Transmission System Operators (TSO), and Distribution System Operators (DSO). For two days, industry leaders and experts came together to share insights, tackle industry challenges, engage in thought-provoking discussions, and address the dynamics shaping the future of the wholesale energy market.
The Power Price Forecasting Summit was driven by a profound recognition of the intricate nature of power price forecasting, which relied on a multitude of external variables. In recent years, the energy markets have been marked by unprecedented volatility. This volatility arose from a confluence of factors, including geopolitical tensions, evolving market structures, the accelerating adoption of renewable energy sources, and the change in the demand side due to warm weather and economic slowdown.
This era witnessed the emergence of record-negative prices and turbulent market fluctuations, necessitating a recalibration process that prompted important questions about the market’s path to recovery. In a landscape characterized by mounting energy supply volatility, the need for precise and reliable power price forecasting rose to paramount importance.
In the 4th Summer Edition of the Power Price Forecasting Summit, we delved deeply into a comprehensive spectrum of topics. These encompassed the penetration of renewables, day-ahead and intraday forecasting, price modelling, and long-term price analysis, regulatory changes, technology-driven modelling, sector coupling analysis, the evolving market design, the dynamics of short-term price volatility, the long-term viability of renewable energy plants, and much more.
Негізгі бет 4th Power Price Forecasting Summit 2024 (25-26 January in Amsterdam) by Future Bridge
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