4 papers
From electricity prices to profits: multidimensional probabilistic forecasting for BESS trading
Tomasz Weron, Katarzyna Maciejowska
This article examines various methods of constructingmultidimensional probabilistic forecasts of electricity prices. Building on the Multiple Split (MS) method, it incorporates for…
Impact of distribution fees on BESS scheduling and profitability
Katarzyna Maciejowska
Battery energy storage systems (BESS) are expected to play an important role in electricity markets with increasing shares of renewable generation. While existing research has prim…
Statistical and economic evaluation of forecasts in electricity markets: beyond RMSE and MAE
Katarzyna Maciejowska, Arkadiusz Lipiecki, Bartosz Uniejewski
Electricity price forecasts are typically evaluated using accuracy measures such as RMSE and MAE, although these metrics often fail to reflect their economic value in operational d…
A portfolio management of a small RES utility with a Structural Vector Autoregressive model of German electricity markets
Katarzyna Maciejowska
The changes in electricity markets expose RES producers and electricity traders to various risks, among which the price and the volume risk play a very important role. In this rese…