Forecasting Models of Electricity Prices

• मुख्य लेखक: Javier Contreras (auth)
• स्वरूप: इलेक्ट्रोनिक पुस्तक अध्याय
• भाषा: अंग्रेज़ी
• प्रकाशित: MDPI - Multidisciplinary Digital Publishing Institute 2017
• विषय: Environmental science, engineering & technology; time series analysis; Electricity price forecasting; case studies; statistical methods
• ऑनलाइन पहुंच: DOAB: download the publication; DOAB: description of the publication

सारांश

The new competitive electricity markets make it imperative for companies related to electricity production and retail to have tools in place for energy offers. Price forecasting is critical when making offers in electricity markets, since it is considerably more complex than demand forecasting and the level of uncertainty is higher. Knowing electricity prices beforehand makes it possible for generators to determine their optimal production strategy in order to maximize their profit. Similarly, consumers and retailers can plan their consumption and produce energy bids to maximize their utility. Therefore, price forecasting is instrumental both for producers, retailers and consumers.

भौतिक वर्णन

1 electronic resource (VIII, 250 p.)

आईएसबीएन

books978-3-03842-414-7
9783038424154
9783038424147

अभिगमन

Open Access