The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
One of the important aspects of energy modeling is the process of demand curve prediction. Existing demand curve prediction methods generally rely on statistical curve fittings which assume a certain functional form such as constant price elasticity. There are a number of disadvantages to this approach. For one, this method makes certain assumptions about the functional form of the price-demand curve...