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Creators/Authors contains: "Dvorkin, Vladimir"

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  1. ; (, Advances in neural information processing systems)
    Accepted Manuscript Full Text Available
  2. ; (, NeurIPS 2023 Workshop: Tackling Climate Change with Machine Learning)
    While deep learning gradually penetrates operational planning, its inherent prediction errors may significantly affect electricity prices. This letter examines how prediction errors propagate into electricity prices, revealing notable pricing errors and their spatial disparity in congested power systems. To improve fairness, we propose to embed electricity market-clearing optimization as a deep learning layer. Differentiating through this layer allows for balancing between prediction and pricing errors, as oppose to minimizing prediction errors alone. This layer implicitly optimizes fairness and controls the spatial distribution of price errors across the system. We showcase the price-aware deep learning in the nexus of wind power forecasting and short-term electricity market clearing. 
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