<ul><li>Accurate electricity price forecasting is crucial for power trading on the spot market.</li><li>Benchmarking was done on several pre-trained models for electricity price forecasting.</li><li>TSFMs like Chronos-Bolt and Time-MoE performed well but the biseasonal MSTL model stood out with consistent performance.</li><li>The study used 2024 day-ahead auction electricity prices from Germany, France, the Netherlands, Austria, and Belgium for evaluation.</li></ul>

Benchmarking Pre-Trained Time Series Models for Electricity Price Forecasting

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