Foundation models slightly outperform task-specific models on probabilistic electricity price forecasts but the gap narrows or reverses with extra features or few-shot adaptation, showing that efficiency often outweighs marginal accuracy gains.
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Assessing the Performance-Efficiency Trade-off of Foundation Models in Probabilistic Electricity Price Forecasting
Foundation models slightly outperform task-specific models on probabilistic electricity price forecasts but the gap narrows or reverses with extra features or few-shot adaptation, showing that efficiency often outweighs marginal accuracy gains.