Successful PhD thesis on electricity price forecasting
How can uncertainties in the electricity markets be better predicted and used to inform sound decisions? Abhinav Das addressed this question in his doctoral thesis entitled ‘From Forecast to Action: Uncertainty Quantification and Decision-Centric Evaluation for Electricity Price Models’, which he successfully defended on 9 June 2026.
The thesis centres on forecasts for electricity prices in the energy markets. Particular emphasis is placed on so-called interval forecasts. These not only provide an expected electricity price for the following day, but also specify a probability range within which the actual price is highly likely to fall.
Such forecasts are of particular importance to energy companies. They enable improved risk management, as alternative market scenarios and their probabilities of occurrence can be taken into account alongside the expected prices. Furthermore, the forecasts can be used, for example, for the profit-optimised management of electricity storage facilities.
The PhD thesis was supervised by Prof. Dr Stephan Schlüter.
Next step: postdoc at NORCE
Once all formalities have been completed, Abhinav Das will take up a postdoctoral position at the Norwegian Research Centre (NORCE). He will thus remain active in academia and energy research.
He will also remain closely associated with the THU in future and continue to be part of the Applied Mathematics for Energy Markets research group led by his supervisor, Prof. Dr Stephan Schlüter.
The THU warmly congratulates Abhinav Das on the successful completion of his PhD and wishes him every success in his future academic career.
