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Energy forecasting is vital for grid reliability and operational efficiency. Although recent advances in time series forecasting have led to progress, existing benchmarks remain limited in spatial and temporal scope and lack multi-energy…
This work focuses on the electric power market, comparing the status quo with the recent trend towards the increase in distributed self-generation capabilities by prosumers. Starting from the existing tension between the intrinsically…
The electricity market has a vital role to play in the decarbonisation of the energy system. However, the electricity market is made up of many different variables and data inputs. These variables and data inputs behave in sometimes…
Importing renewable energy to Europe offers many potential benefits, including reduced energy costs, lower pressure on infrastructure development, and less land-use within Europe. However, there remain many open questions: on the achievable…
The increasing importance of renewable energy, especially solar and wind power, has led to new forces in the formation of electricity prices. Hence, this paper introduces an econometric model for the hourly time series of electricity prices…
Local electricity markets represent a way of supplementing traditional retailing contracts for end consumers -- among these markets, the renewable energy community has gained momentum over the last few years. This paper proposes a practical…
The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources, fundamentally changing the configuration of energy management and introducing new criticalities that are only…
To transition towards a carbon-neutral power system, considerable amounts of renewable energy generation capacity are being installed in the North Sea area. Consequently, projects aggregating many gigawatts of power generation capacity and…
Mobile networks are becoming energy hungry, and this trend is expected to continue due to a surge in communication and computation demand. Multi-access Edge Computing (MEC), will entail energy-consuming services and applications, with…
The advent of more proactive consumers, the so-called "prosumers", with production and storage capabilities, is empowering the consumers and bringing new opportunities and challenges to the operation of power systems in a market…
What constitutes socially just or unjust energy systems or transitions can be derived from the philosophy and theories of justice. Assessments of justice and utilising them in modelling lead to great differences based on which justice…
Europe is warming at the fastest rate of all continents, experiencing a temperature increase of about 1{\deg}C higher than the corresponding global increase. Aiming to be the first climate-neutral continent by 2050 under the European Green…
In smart energy communities, prosumers who both generate and consume energy play a crucial role in shaping energy management strategies. These communities use advanced platforms that enable prosumers to actively engage in the local…
The interplay between risk aversion and financial derivatives has received increasing attention since the advent of electricity market liberalization. One important challenge in this context is how to develop economically efficient and…
This paper introduces a novel Bayesian reverse unrestricted mixed-frequency model applied to a panel of nine European electricity markets. Our model analyzes the impact of daily fossil fuel prices and hourly renewable energy generation on…
Should the organization, design and functioning of electricity markets be taken for granted? Definitely not. While decades of evolution of electricity markets in countries that committed early to restructure their electric power sector made…
Energy system optimization models are important tools to provide insights regarding trade-offs and interrelations in cost-efficient transformation pathways towards a climate neutral energy system. Using an optimization model of the European…
The emergence of distributed generation and the electrification of demand have opened the possibility for prosumers to participate in electricity markets, receiving economic benefits on their bills and contributing to the reduction of…
We live in a world that is experiencing an unprecedented boom of AI applications that increasingly penetrate and enhance all sectors of private and public life, from education, media, medicine, and mobility to the industrial and…
Addressing the urgency of climate change necessitates a coordinated and inclusive effort from all relevant stakeholders. Critical to this effort is the modeling, analysis, control, and integration of technological innovations within the…