Large Language Models for Energy Market Analytics: An Exploratory Feasibility Study Across Geopolitical Monitoring, Commodity Summarisation, and Renewable Forecasting

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Authors: Alex Krempaský, Erik Kajáti, Peter Papcun
Cited by: 1
References: 44

Abstract

Large Language Models (LLMs) offer opportunities for processing heterogeneous information streams relevant to energy-market decision-making, but their practical role in forecasting-oriented analytical workflows remains uncertain. This paper presents an exploratory feasibility study of LLM use across four energy-market tasks: geopolitical event monitoring for Dutch Title Transfer Facility (TTF) market context using Global Database of Events, Language, and Tone (GDELT)-based data, structured summarisation of commodity-intelligence articles, prompt-engineered solar-power and grid-load forecasting for Austria, and a short-horizon exploratory TTF price-estimation case. The study is positioned as a pilot investigation and hybrid workflow blueprint rather than as a statistically conclusive forecasting benchmark. A four-layer reference architecture was devised, including structured market data, semi-structured news intelligence, web-scraping concepts, and implemented Twitter/X and GDELT monitoring layers. The empirical cases indicate that LLMs are most useful for text-heavy reasoning, event-context integration, source triage, and structured interpretation. In the 20-article summarisation corpus, Gemini 1.5 Pro achieved higher commodity-direction accuracy than GPT-4, while GPT-4 showed stronger output-format stability. In selected solar case checks, OpenAI models produced plausible generation curves close to the Fraunhofer ISE Energy Charts reference, while Energy Charts remained more accurate for aggregate load estimation in the available benchmark comparison. The two-day TTF experiment illustrated that LLMs can incorporate qualitative geopolitical context into short-horizon reasoning, but it did not establish reliable price-forecasting capability. The Twitter/X monitoring layer is retained as a documented negative pathway, showing the limitations of informal social-media scraping for reproducible market intelligence.

Fields of Study & Subjects

Energy Load and Power Forecasting Computational and Text Analysis Methods Forecasting Techniques and Applications

Publication details

Journal / source
Big Data and Cognitive Computing
Publisher
MDPI AG
Volume
10
Issue
6
Pages
166–166
Publication date
22 May 2026
Language
EN