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Content Provider | IEEE Xplore Digital Library |
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Author | Daneshi, H. Daneshi, A. |
Copyright Year | 2008 |
Description | Author affiliation: LCG Consulting Eng., Los Altos, CA (Daneshi, H.; Daneshi, A.) |
Abstract | In electricity markets, short-term price forecasting plays a vital role in the daily scheduling of generating assets and the estimation of market competitors' payoff. The volatility of electricity market and its uncertain behavior in constrained networks could make it cumbersome to forecast the hourly price of electricity based on conventional methods. This paper gives a bibliographical survey, a brief review and general background of different approaches and developments in the field of price forecasting. We provide an overview of published literature on this topic, highlighting common futures and drawing out some important aspects of the methodology used. |
Starting Page | 657 |
Ending Page | 661 |
File Size | 396802 |
Page Count | 5 |
File Format | |
ISBN | 9787900714138 |
DOI | 10.1109/DRPT.2008.4523487 |
Language | English |
Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Publisher Date | 2008-04-06 |
Publisher Place | China |
Access Restriction | Subscribed |
Rights Holder | DRPT |
Subject Keyword | Economic forecasting Electricity supply industry deregulation Electricity supply industry Load forecasting Power systems Costs Predictive models Power system simulation Power system modeling Power generation load forecasting electricity price forecasting intelligent systems artificial neural network fuzzy logic regression method |
Content Type | Text |
Resource Type | Article |
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