A1690
Title: Errors in temperature forecasts and energy prices
Authors: Francesco Simone Lucidi - Federico II University (Italy) [presenting]
Abstract: The aim is to analyze the impact of temperature forecast errors on European energy prices, with a focus on the natural gas market. Using ensemble temperature forecasts, the study constructs measures of temperature surprises and updates to assess their influence on gas demand and prices. The findings aim to offer insights into how anticipated and unanticipated temperature changes impact the energy sector and the broader European economy.
