2 papers
econ.TH2025
The Theory of Storage in a Power System with Stochastic Demand
Darryl Biggar, Mohammad Reza Hesamzadeh
Electric power systems are increasingly turning to energy storage systems to balance supply and demand. But how much storage is required? What is the optimal volume of storage in a…
econ.EM2025
Driver Identification and PCA Augmented Selection Shrinkage Framework for Nordic System Price Forecasting
Yousef Adeli Sadabad, Mohammad Reza Hesamzadeh, Gyorgy Dan +2
The System Price (SP) of the Nordic electricity market serves as a key reference for financial hedge contracts such as Electricity Price Area Differentials (EPADs) and other risk m…