Power Markets' Dirty Secret: Forecasts Are Failing Renewables, Policies Might Save Them
European renewables hemorrhaged €1.2 billion last year from trading glitches. Time to ditch the forecast obsession for something smarter: AI policies that actually decide.
⚡ Key Takeaways
- Forecast pipelines ignore market coupling, costing billions in penalties.
- AI policies use RL for adaptive, stateful decisions—action now, not plans.
- Utilities resist due to audit fears, but early tests show big profit lifts.
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Originally reported by Towards AI