Optimizing AI & Algorithms for Energy Trading | Series: Spotlight

In this episode of Dataciders Spotlight, Dr.-Ing. Ivan Dochev, Senior Scientist at ROITI Dataciders in Bulgaria, discusses the complexities surrounding AI, data, algorithms, and forecasting, with a special focus on energy trading.

How can Large Language Models be utilized effectively? What steps can be taken to enhance algorithm performance? These are some of the critical questions Ivan and his team are working to answer by creating more efficient solutions.

Ivan shares a real-world example where they assisted a client running a large metal furnace. The client faced significant fluctuations in energy usage, resulting in high imbalance costs due to inaccurate consumption forecasts.