http://www.erasmusenergy.com en-us N/A dejong@maycroft.com Tue, 07 Oct 2008 05:20:12 CEST 20 http://www.erasmusenergy.com/articles/50/1/Forecasting-Electricity-Prices/Page1.html Published in:
Publication year: 2003
Co-author 1: Nektaria Karakatsani

This is a review paper documenting the main issues and recent research on modeling and forecasting electricity prices. The special market microstructure of electricity is described, as an explanation of the extraordinary stochastic properties of electricity price time series. The research literature deriving from the application of models adapted from financial assets, for both spot and forward prices, is reviewed and criticised. Final emphasis is placed upon the virtues of computationally intensive structural modeling.]]> no@spam.com (Derek Bunn) Thu, 27 Sep 2007 15:52:26 CEST http://www.erasmusenergy.com/articles/50/1/Forecasting-Electricity-Prices/Page1.html