Operational Research: methods and applications

F Petropoulos, G Laporte, E Aktas… - Journal of the …, 2024 - Taylor & Francis
Abstract Throughout its history, Operational Research has evolved to include methods,
models and algorithms that have been applied to a wide range of contexts. This …

[HTML][HTML] Electricity market price forecasting using ELM and Bootstrap analysis: A case study of the German and Finnish Day-Ahead markets

S Loizidis, A Kyprianou, GE Georghiou - Applied Energy, 2024 - Elsevier
Electricity market liberalization and the absence of cost-efficient energy storage
technologies have led to the transformation of state-owned electricity companies into …

Estimating the impacts of a new power system on electricity prices under dual carbon targets

R Li, Y Hu, X Wang, B Zhang, H Chen - Journal of Cleaner Production, 2024 - Elsevier
The construction of a new power system dominated by renewables is crucial for achieving
China's goals of carbon emission peaking and carbon neutrality. While numerous studies …

An optimized deep learning approach for forecasting day-ahead electricity prices

ÇB Bozlak, CF Yaşar - Electric Power Systems Research, 2024 - Elsevier
Electricity price forecasting is essential for reliable and cost-effective operations in the power
industry. However, the complex and nonlinear structure of the electricity price series …

Joint forecasting of source-load-price for integrated energy system based on multi-task learning and hybrid attention mechanism

K Li, Y Mu, F Yang, H Wang, Y Yan, C Zhang - Applied energy, 2024 - Elsevier
In integrated energy systems (IESs), reliable planning and operation are challenging owing
to significant uncertainties in energy production, utilization, and trading. To this end, this …

[HTML][HTML] Postprocessing of point predictions for probabilistic forecasting of day-ahead electricity prices: The benefits of using isotonic distributional regression

A Lipiecki, B Uniejewski, R Weron - Energy Economics, 2024 - Elsevier
Operational decisions relying on predictive distributions of electricity prices can result in
significantly higher profits compared to those based solely on point forecasts. However, the …

Can transformers transform financial forecasting?

HG Souto, A Moradi - China Finance Review International, 2024 - emerald.com
Purpose This study aims to critically evaluate the competitiveness of Transformer-based
models in financial forecasting, specifically in the context of stock realized volatility …

Charting new avenues in financial forecasting with TimesNet: The impact of intraperiod and interperiod variations on realized volatility prediction

HG Souto - Expert Systems with Applications, 2024 - Elsevier
This study evaluates TimesNet model for stock realized volatility forecasting, comparing its
efficacy against traditional and contemporary models across key metrics: RMSE, MAE …

[HTML][HTML] Probabilistic forecasting with a hybrid factor-qra approach: Application to electricity trading

K Maciejowska, T Serafin, B Uniejewski - Electric Power Systems Research, 2024 - Elsevier
This paper presents a novel hybrid approach for constricting probabilistic forecasts that
combines both the Quantile Regression Averaging (QRA) method and the factor-based …

Forecasting of coal and electricity prices in China: Evidence from the quantum bee colony-support vector regression neural network

W Pan, Z Guo, JSY Zhang, L Luo - Energy Economics, 2024 - Elsevier
Energy, the backbone of modern society, plays a crucial role in the development and
productivity of a nation. Predictive analysis in energy management is becoming increasingly …