Portuguese-Spanish Congress in Electrical Engineering - X CLEEE 2007, Funchal (Portugal). 05-07 julio 2007
Resumen:
The purpose of this paper is to present a price forecasting model for emerging electricity markets. The model combines statistical techniques (as linear regression or time series analysis) with a fundamental market model. According to this, a medium-term forecasting model (obtained through linear regression) is adjusted with short-term information (through an autoregressive approach - AR). The theoretical basis of this price forecasting model is presented, as well as its application to the Italian electricity Market.
Palabras clave: Electricity markets, price forecasting, fundamental market model, time series
Fecha de publicación: 2007-07-05.
Cita:
N. Mosquera, J. Reneses, E.F. Sánchez-Úbeda, E. Centeno, Electricity price forecasting model: application to the Italian electricity market, Portuguese-Spanish Congress in Electrical Engineering - X CLEEE 2007, Funchal (Portugal). 05-07 julio 2007.
