The stochastic nature of renewable energy sources (RESs) necessitates treating power system frequency response as a random process with a nonstationary probability density function (PDF). Based upon ...

Abstract: The stochastic nature of renewable energy sources (RESs) necessitates treating power system frequency response as a random process with a nonstationary probability density function (PDF).

Abstract: Probabilistic electricity price forecasting (EPF) is crucial for optimizing decision-making in modern electricity markets. However, most studies focus on forecasting individual market prices ...

DEMLab is a MATLAB program for performing numerical simulations of particle systems using the Discrete Element Method (DEM). Its purpose is to offer a modular and extensible environment that allows ...

So, yeah, you should probably take economic forecasts with a grain — heck, a giant heap — of salt. All that said … It's still interesting to get a sense of what professional forecasters are predicting ...