Medium-term Electricity Price Forecasting
Paper i proceeding, 2012

-Medium-term price forecasting plays an impor­tant role in electricity markets. Obtaining reasonably accurate medium-term electricity price predictions is critical in many applications, such as maintenance scheduling, generation ex­pansion planning, and bilateral contracting. Medium-term price forecasting is a complex task because of the long forecasting horizon, dependence of medium-term electricity prices to various variables, and limited availability of explanatory data. In this paper, different aspects of a medium-term electricity price fore­casting are discussed, and several data-driven 12-month-ahead approaches are developed. The presented approaches are applied to NordPool and the Ontario electricity market to examine their performance and effectiveness.

Electricity markets

medium-term forecasting

price forecasting

Författare

Shahab Torghaban

Technische Universiteit Delft

Amir Motamedi

Alberta Electric System Operator (AESO)

Hamidreza Zareipour

University of Calgary

Anh Tuan Le

Chalmers, Energi och miljö, Elkraftteknik

North American Power Symposium (NAPS) 2012, 9-11 Sept. 2012, IL, USA

6336424

Styrkeområden

Energi

Ämneskategorier

Annan elektroteknik och elektronik

DOI

10.1109/NAPS.2012.6336424

ISBN

978-1-4673-2307-9

Mer information

Senast uppdaterat

2018-05-14