Price forecasting in the day-ahead electricity market

39th International Universities Power Engineering Conference, UPEC 2004 - Conference Proceedings

Volumn 3, Issue , 2004, Pages 1303-1307

  Ruiz Monroy, Jose J ^a   Kita, Hiroyuki ^a   Tanaka, Eiichi ^a   Hasegawa, Jun ^b  

^a HOKKAIDO UNIVERSITY   (Japan)

^b HAKODATE NATIONAL COLLEGE OF TECHNOLOGY   (Japan)

Author keywords

Electricity markets; Load and price historical data; Mean absolute percentage error (mape); Price forecasting; Statistical method

Indexed keywords

ELECTRICITY MARKETS; LOAD AND PRICE HISTORICAL DATA; MEAN ABSOLUTE PERCENTAGE ERROR (MAPE); PRICE FORECASTING;

COST BENEFIT ANALYSIS; CUSTOMER SATISFACTION; DEPRECIATION; ELECTRIC POWER GENERATION; ELECTRIC POWER UTILIZATION; ELECTRIC RATES; ELECTRICITY; FORECASTING; RISKS; STATISTICAL METHODS;

ELECTRICAL ENGINEERING;

EID: 32044455316     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper

References (10)

1. The University of California Electricity Market Data. http://www.ucei.berkeley.edu/datamine/datamine.htm
2. Shoghuai Du, Zhijian Hou, Chuanwen Jiang and Rengang Yang "Design On Spot Price Forecasting and Mutation Alarm System In Electricity Market" Power Systems and Communication Infrastructure for the Future, Beijin China, September, 2002
3. rd Hawaii International Conference on System Sciences, 2000
4. th Spanish Congress of Electrical Engineering, Vilamoura Spain, July 2003.
5. Rajat Deb, Richard Albert, Lie-Long Hsue and Nicholas Brown "How to Incorporate Volatility and Risk In Electricity Price Forecasting" The Electricity Journal, May 2000.
6. Jose J. Ruiz Monroy, Hiroyuki Kita, Eiichi Tanaka and Jun Hasegawa "Market Model Considering Bilateral Transactions in The Deregulated Electricity Market" IEEJ Transactions on Power and Energy Vol.123-B, No.4, 2003 pp. 490-499
7. Jose J. Ruiz Monroy, Hiroyuki Kita, Eiichi Tanaka and Jun Hasegawa "Market Mechanism for Line Congestion Clearance" IEEJ Transactions on Power and Energy Vol.123-B, No. 8, 2003 pp. 935-946
8. Jose J. Ruiz Monroy, Hiroyuki Kita, Eiichi Tanaka and Jun Hasegawa "Market Mechanism for Transmission Reliability", IEEE/PES T&D Conference and Exhibition 2002: Asia Pacific. OR20-4, pp. 864-869
9. Jose J. Ruiz Monroy, Hiroyuki Kita, Eiichi Tanaka and Jun Hasegawa "BILATERAL TRANSACTIONS CONSIDERING LONG TERM CONTRACTS", Proceeding of the Seventh IASTED International Multi-Conference Power and Energy Systems, pp. 13-18 (2003)
10. M. Shahidehpour, H. Yamin and Z. Li, "Market Operations in Electric Power Systems" IEEE Press USA, 2002. ISBN 0-471-44337-9