We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...

The North Atlantic Oscillation (NAO) is a large-scale circulation pattern driving climate variability in north-western Europe. In recent years there has been an increasing deployment of wind-powered generation technology, i.e. wind farms, on electricity networks across Europe. As this deployment...