Building a 7-Day-Ahead Electricity Price Forecasting Framework

We’ve recently developed a 7-day-ahead electricity price forecasting tool designed for the day-ahead power markets. Instead of directly predicting 168 hourly prices in a single step, we structured the problem differently. Electricity markets tend to operate in daily regimes, with strong intraday patterns layered on top. So we built a two-stage approach: This separation between […]