How to forecast energy pricing
04/04/2022
In this use case, we provide a toy example of the construction of a simple data analysis solution aimed at energy pricing prediction using Shapelets. In particular, we are interested in finding the relationship between energy pricing data and power generation data.
The accurate forecasting of energy prices is crucial for the orientation of the energy market and can guide policymakers and market participants, such as businesses and individuals. In practice, energy prices depend on external factors, and accurate forecasting of energy prices is difficult. Energy prices are an important factor in the economy, and accurate forecasts can help enterprises and individuals make informed energy decisions.