Decision-Making Support Methods, Algorithms and Tools for Electricity Market Participants

Electricity market participants need to optimize their processes to avoid being outcompeted by other traders. Consequently, decision-making methods, algorithms and tools related to large-scale energy storage technologies (scheduling, sizing) and cascaded hydropower plants (scheduling, hydroelectric set selection), as well as heating demand forecasting, which is a prerequisite for efficient combined heat and power plant participation in an electricity market.