www.artificial-intelligence-cobots-manufacturing.com Open in urlscan Pro
34.149.87.45  Public Scan

Form analysis
0 forms found in the DOM

Text Content

top of page
Skip to Main Content


 * Home

 * AI Companies

 * Presentations

 * Speakers

 * Download the Agenda

 * Post-Event-EPC

 * Registration

 * Agenda

 * Venue

 * Pay Now

 * Contact

 * More


Use tab to navigate through the menu items.

Log In


THE  GLOBAL ENERGY PRICE FORECASTING AND MODELLING FORUM 
20-21-22 NOVEMBER 2024, AMSTERDAM, NETHERLANDS       
 


Download Agenda



AGENDA



20-21 May 2020



09:00

Meet & Greet




10:40

Coffee Break




13:00

Lunch




14:00

Networking



16:00



Q & A Session




3

DAY


24

SPEAKERS


100

PARTICIPANTS


INTRODUCTION



Electricity price forecasting (EPF) is the process of using mathematical models
to predict what

electricity prices will be in the future. EPF is an extremely important factor
in the utilities’ decision

making process.

There is short-, medium- and long-term forecasting.

• Short-term forecasting, generally involves horizon from a few minutes up to a
few days

ahead and is of prime importance in day-to-day market operations.

• Medium-term forecasting, from a few days to a few months ahead, is generally
preferred for

balance sheet calculations, risk management and derivatives pricing.

• Long-term forecasting, with lead times measures in months, quarters or years,

concentrates on investment profitability analysis and planning.

Short industry description and background to the topic

Electricity (energy commodity) is traded on the wholesale market. Suppliers
(electricity

generators) and demanders (retailers) are active on the wholesale electricity
market. They meet on

the power exchange. Electricity generators disclose the amount of power they are
willing to sell for

a given price and demanders disclose the amount of power they are prepared to
buy for a given

price. As electricity cannot be stored economically, the electricity market has
a highly volatile

character. That is why electricity price forecasting has to be based on reliable
models that take

into account all major factors affecting the price.

Glossary

Wholesale Market: Electricity (energy commodity) is traded on the wholesale
market. Suppliers

(electricity generators) and demanders (retailers) are active on the wholesale
electricity market.

Retail Market: Retailers purchase significant volumes of electricity in the
wholesale market and

sell packages of smaller volumes to its customers.

A spot price is the current price in the marketplace at which a given asset such
as a security,

commodity or currency can be bought or sold for immediate delivery.

A forward price is the predetermined delivery price for an asset decided upon by
the long (the

buyer) and the short (the seller) to be paid at predetermined date in the
future.

Price volatility

Liquidity


 SPONSORS OPPORTUNITY 2024



LEADING IN THE INDUSTRY


Contact Us




FUTURE OF ELECTRICITY PRICE FORECASTING



STAY AHEAD OF THE INDUSTRY



WHAT

The Global Electricity Price Modelling and Forecasting Forum

WHEN

20-21-22 November 2024

WHERE

Amsterdam Netherlands 



FOR REGISTRATION

To learn more, don’t hesitate to get in touch

Fabio Mazzoleni

fabio.mazzoleni@artificial-intelligence-cobots-manufacturing.com

+39 3513391541

 





 * 



© 2024 by TIC. created ITALGEN ENG SpA 

Italgen ENG S.p.A.



+39 3513391541



Our


CONFERENCE 


x

 




Live
Your Video Title
Unmute
00:01 01:00




bottom of page