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Price forecasting comparison in single settlement electricity markets: Some aspects of price forecasting in real time single settlement competitive electricity markets - Couverture souple

Aggarwal, Sanjeev

 
9783659278150: Price forecasting comparison in single settlement electricity markets: Some aspects of price forecasting in real time single settlement competitive electricity markets
Couverture souple
ISBN 10 : 3659278157 ISBN 13 : 9783659278150
Editeur : LAP Lambert Academic Publishing, 2012

Synopsis

Research for developing price forecasting tools in deregulated markets is at an intermediate stage. Researchers have developed various forecasting models covering most of the deregulated markets. The researchers have paid more attention towards price forecasting in day-ahead electricity markets as compared to real-time electricity markets; whereas, price forecasting in real time electricity markets is difficult as compared to day-ahead electricity markets. Short term price forecasting (STPF) is a complex task because price series is highly volatile with non-constant mean and variance, which is due to non-storable nature and stiff condition of maintaining real time balance of demand and supply of electricity. Considering these points, this work addresses two main issues: first, it discusses the state of the art in short term price forecasting (STPF) and provides an overview of the available literature on STPF models and explain various key issues while developing a price forecasting model; and secondly, it performs an assessment, detailed comparison and evaluation of the forecasting performance of various linear and non-linear models in real time single settlement markets.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

S.K. Aggarwal obtained M.Tech and Ph.D from NIT, Kurukshetra, India. He has work experience in power plant operation and maintenance, erection and commissioning with NTPC and more than ten years of experience in teaching and research in EE. He is working as a Professor at MMU. His research interest are load and price forecasting.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP Lambert Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3659278157
ISBN 13 
9783659278150
Reliure
Broché
Nombre de pages
316
Coordonnées du fabricant
non disponible
Personne responsable
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