A hybrid system-econometric model for electricity spot prices: Considering spike sensitivity to forced outage distributions

IEEE Transactions on Power Systems

Volumn 23, Issue 3, 2008, Pages 927-937

  Anderson, C L ^a   Davison, M ^b  

^a Department of Biological and Environmental Engineering   (United States)

^b UNIVERSITY OF WESTERN ONTARIO   (Canada)

Author keywords

Deregulated electricity markets; Electricity pricing; Energy pricing; Forward prices; Option pricing; Power markets; Power pricing; Spot price model

Indexed keywords

DEREGULATION; ELECTRIC POWER SYSTEMS; FINANCE; HISTORY; IMAGE SEGMENTATION; INSURANCE; MARKETING; MATHEMATICAL MODELS; POWER GENERATION; RISK ANALYSIS; RISK MANAGEMENT; RISK PERCEPTION;

ALBERTA; DEREGULATED ELECTRICITY MARKETS; DRIVING FACTORS; ECONOMETRIC MODELING; ELECTRICITY MARKETS; ELECTRICITY PRICE SPIKES; ELECTRICITY PRICING; ENERGY PRICING; FORWARD PRICES; GENERATING SYSTEMS; HYBRID MODEL; HYBRID SYSTEMS; LOAD PATTERNS; MARKET BEHAVIOR; MODULAR DESIGNS; OPERATIONAL RISK MANAGEMENT; OPTION PRICING; PENNSYLVANIA; POWER MARKETS; POWER PRICING; POWER SYSTEMS; PRELIMINARY TESTING; PRICE PROCESS; SPOT PRICE MODEL; SPOT PRICING; TIME DISTRIBUTIONS; TIME-SERIES;

PROBABILITY DISTRIBUTIONS;

EID: 49249121762     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2008.922625     Document Type: Article

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