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Best Paper Award at the BIR 2025

Mathis Wilz and Richard Lackes won the Best Paper Award for their contribution 'Storage Management in Short-Term Electricity Trading: An Experimental Analysis with Genetic Algorithms' at the International Conference on Perspectives in Business Informatics Research 2025.

The article deals with the trading of electricity on the German continuous intraday market using battery storage. The authors experimentally present a process that automates and optimizes buying and selling decisions using genetic algorithms. The aim is to profit from short-term price fluctuations.

The results show: Although sales increase with increasing battery storage capacity, marginal revenues decrease. The method developed also makes it possible to efficiently incorporate current price forecasts into the trading strategy.

The article was published as part of the conference proceedings in "Perspectives in Business Informatics Research", published by Springerverlag.

Link to the conference

Link to the conference proceedings