Panel Discussion on Research Opportunities in Predicting Market Clearing Prices

FROM 19 Dec 2024 TO 19 Dec 2024

Venue : Board Room, Faculty Block - II, 1AB @ 12:30 PM

The Department of Electrical Engineering is going to organize a Panel Discussion on "Research Opportunities in Predicting Market Clearing Prices" on 19th December 2024 in Board Room Faculty Block II, 1A. The panel discussion aims to explore innovative methodologies and advancements in forecasting market clearing prices. This event delves into the use of advanced nonlinear hyperbolic grey models for predicting market clearing prices, emphasizing their application through case analyses. Expert will explore the strengths of this model, such as handling uncertainty, capturing market dynamics, and improving price forecast accuracy. Discussions will address challenges like parameter optimization, data sufficiency, and computational complexity. Attendees will gain insights into innovative modeling approaches and their practical applications in complex market environments.