Application of continuous stochastic processes in energy market models

Examples for the use of continuous stochastic processes in the modelling of energy markets are discussed. Two practical use-cases are chosen to illustrate applications. For the stochastic modelling of the economics behind energy markets, models for temperature, demand, and renewable electricity generation are discussed. The modelling of prices on energy markets themselves is debated as a second application. Possible open source data sets for an application of the models are listed.