Recent advances in electricity price forecasting: A review of probabilistic forecasting

J Nowotarski, R Weron - Renewable and Sustainable Energy Reviews, 2018 - Elsevier
Since the inception of competitive power markets two decades ago, electricity price
forecasting (EPF) has gradually become a fundamental process for energy companies' …

Probabilistic mid-and long-term electricity price forecasting

F Ziel, R Steinert - Renewable and Sustainable Energy Reviews, 2018 - Elsevier
The liberalization of electricity markets and the development of renewable energy sources
has led to new challenges for decision makers. These challenges are accompanied by an …

[HTML][HTML] Electricity market price forecasting using ELM and Bootstrap analysis: A case study of the German and Finnish Day-Ahead markets

S Loizidis, A Kyprianou, GE Georghiou - Applied Energy, 2024 - Elsevier
Electricity market liberalization and the absence of cost-efficient energy storage
technologies have led to the transformation of state-owned electricity companies into …

Forecasting the occurrence of extreme electricity prices using a multivariate logistic regression model

L Liu, F Bai, C Su, C Ma, R Yan, H Li, Q Sun… - Energy, 2022 - Elsevier
Extreme electricity prices occur with a higher frequency and a larger magnitude in recent
years. Accurate forecasting of the occurrence of extreme prices is of great concern to market …

Probabilistic price forecasting for day-ahead and intraday markets: Beyond the statistical model

JR Andrade, J Filipe, M Reis, RJ Bessa - Sustainability, 2017 - mdpi.com
Forecasting the hourly spot price of day-ahead and intraday markets is particularly
challenging in electric power systems characterized by high installed capacity of renewable …

Electricity markets during the liberalization: The case of a European Union country

Š Bojnec, A Križaj - Energies, 2021 - mdpi.com
This paper analyzes electricity markets in Slovenia during the specific period of market
deregulation and price liberalization. The drivers of electricity prices and electricity …

Electricity price forecasting in the short term hybridising fundamental and econometric modelling

RA de Marcos, A Bello, J Reneses - Electric Power Systems Research, 2019 - Elsevier
Traders and practitioners in diverse power exchanges are nowadays being most exposed to
uncertainty than ever. The combination of several factors such as renewable generation and …

Short-term price forecasting models based on artificial neural networks for intraday sessions in the Iberian electricity market

C Monteiro, IJ Ramirez-Rosado… - Energies, 2016 - mdpi.com
This paper presents novel intraday session models for price forecasts (ISMPF models) for
hourly price forecasting in the six intraday sessions of the Iberian electricity market (MIBEL) …

Forecasting electricity market price for end users in EU28 until 2020—Main factors of influence

S Pezzutto, G Grilli, S Zambotti, S Dunjic - Energies, 2018 - mdpi.com
The scope of the present investigation is to provide a description of final electricity prices
development in the context of deregulated electricity markets in EU28, up to 2020. We …

Short-term electricity price forecasting with recurrent regimes and structural breaks

RA Marcos, DW Bunn, A Bello, J Reneses - Energies, 2020 - mdpi.com
This paper develops a new approach to short-term electricity forecasting by focusing upon
the dynamic specification of an appropriate calibration dataset prior to model specification. It …