Forecasting Day-Ahead Electricity Prices: Utilizing Hourly Prices

Research, Preprint English OPEN
Eran Raviv; Kees E. Bouwman; Dick van Dijk;
(2013)
  • Publisher: Tinbergen Institute
  • Subject: C53 | Forecast combinations | Electricity market, Forecasting, Hourly prices, Dimension reduction, Shrinkage, Forecast combinations | C32 | Electricity market | Forecasting | Dimension reduction | Q47 | Shrinkage | Hourly prices
    • jel: jel:C32 | jel:C53 | jel:Q47
      ddc: ddc:330

This discussion paper led to a publication in 'Energy Economics' , 2015, 50, 227-239. The daily average price of electricity represents the price of electricity to be delivered over the full next day and serves as a key reference price in the electricity market. It is a... View more
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