Contributed by Zdeněk P. Bažant, October 27, 2017 (sent for review August 10, 2017; reviewed by Ross Corotis, George Deodatis, and Arash Yavari) ...
Abstract: Probabilistic electricity price forecasting (EPF) is crucial for optimizing decision-making in modern electricity markets. However, most studies focus on forecasting individual market prices ...
Abstract: Traditionally, the uncertainty qualification is utilized with the known probability distribution function (PDF). However, in some scenarios, the PDFs of some uncertain variables are modeled ...