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PriceMining

About the Project

Estudo dos preços de mercado utilizando técnicas avançadas de data analytics

Application of advanced data analytics techniques to wholesale electricity market prices (i.e., day-ahead and regulation reserve) in order to extract conclusions from data dependencies, patterns and behaviors. Causality analysis of day-ahead market prices, regulation reserve volume and prices.

Acronym

PriceMining

Responsible

Ricardo Jorge Bessa

Status

Closed

Starting Date

January 1, 2018

Ending Date

January 30, 2019

Effective End Date

January 30, 2019

Global Budget

Funding

Website

Datasheet

Members

Team Leaders

Ricardo Jorge Bessa

Centre Coordinator

Team Members

Carla Silva Gonçalves

João Paulo Viana

Researcher

José Villar

Area Manager

Renato Silva Fernandes

Ricardo Jorge Bessa

Centre Coordinator

Dissemination

INESC TEC has a unique and differentiating management model, improved over its 35 years of history. Reflecting its unique position between academia and industry, the management at INESC TEC carefully balances, in a hybrid model, the academic culture of scientific freedom and dialogue with a culture of efficiency and responsibility in management.

link for

Associated Centres

Power and Energy Systems

The Centre for Power and Energy Systems (CPES) is a global reference in the large-scale integration of renewable-based electricity generation into the power system.We research and develop advanced solutions that enable the monitoring, control, optimisation, and forecasting of electricity production and consumption, as well as multi-energy systems. Our work supports the decarbonisation of the energy system, the electrification of society, and the large-scale integration of renewables, making power grids more flexible, intelligent, and resilient.Our research results include models, methodologies, hardware, and software (much of it open source) designed for various energy sector stakeholders, including citizens, communities, service providers, system operators, regulators, policy-makers, and governmental bodies.We operate a Smart Grids and Electric Vehicles Laboratory – the X-Energy Lab (link) – where we validate technological advancements in real-world conditions, ensuring that our solutions have a tangible impact on the energy sector.Thanks to our expertise, we hold a prominent role in both national and international projects supporting the energy transition, while also providing direct services to key players in the electricity sector.