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 ...

If someone told you that they were “probably” going to have pasta for dinner, but you later found out that they ate pizza, would you feel surprised – or even lied to? More seriously, what does it mean ...

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 ...