Power purchase strategy of retail customers utilizing advanced classification methods

This study reflects a unique task with significant business potential, on the edge of the wholesale and retail power market, i.e., optimization of power derivatives purchase strategy of retail customers. Even though the definition of the task as well as initial assumptions may be highly complex, essentially, the purpose of this study can be narrowed down to the estimation of buying signals. The price signals are estimated with the use of machine learning techniques, i.e., one-, twoand three-layer perceptron with supervised learning as well as long short-term memory network, which allow modelling of highly complex functional relationships, and with the use of relative strength index, i.e., momentum technical indicator, which on the contrary allows higher flexibility in terms of parameters adjustment as well as easier results interpretation. Thereafter, performance of these methods is compared and evaluated against the established benchmark.