💼 AI Business

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.

Wind farm and battery storage with AI decision flowchart overlay in power market trading

⚡ 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

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