Modelling of prices using the volume in the Norwegian regulating power market

2009 IEEE Bucharest PowerTech: Innovative Ideas Toward the Electrical Grid of the Future

Volumn , Issue , 2009, Pages

  Jaehnert, Stefan ^a   Farahmand, Hossein ^a   Doorman, Gerard L ^a  

^a NORWEGIAN UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Norway)

Author keywords

Norwegian regulating power market; Regulating market integration; Regulating prices and volumes; Time series analysis

Indexed keywords

AUTO-REGRESSIVE INTEGRATED MOVING AVERAGE; LONG TERM; LONG TERM STUDY; MODELLING PROCESS; NATIONAL MARKETS; REGULATING MARKET; REGULATING MARKET INTEGRATION; REGULATING POWER; SHORT TERM; SOUTHERN NORWAY; STATISTICAL MODELS; STATISTICAL PROPERTIES;

COSTS; TIME SERIES; TIME SERIES ANALYSIS;

COMMERCE;

EID: 74949089923     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PTC.2009.5281972     Document Type: Conference Paper

References (7)

1. L. Meeus and R. Belmans, "Electricity market integration in europe," Revue E, vol. 124, Issue 1, 2008.
2. S. Fleten and E. Pettersen, "Constructing bidding curves for a price-taking retailer in the Norwegian electricity market," IEEE Transaction on Power Systems, vol. 20, Issue 2, pp. 701-708, May 2005.
3. M. Olsson and L. Söder, "Modelling real-time balancing power market prices using combined SARIMA and Markov processes," IEEE Transaction on Power Systems, vol. 23, Issue 2, pp. 443-450, May 2008.
4. K. Skytte, "The regulating power market on the Nordic power exchange Nord Pool," Energy Economics, vol. 21, Issue 4, pp. 295-308, Aug. 1999.
5. S.-J. Huang and K. Shih, "Short-term load forecasting via ARMA model identification including non-Gaussian process considerations," IEEE Transactions on Power Systems, vol. 18, Issue 2, pp. 673-679, May 2003.
6. J. Contreras, R. Espínola, F. J. Nogales, and A. J. Conejo, "ARIMA models to predict next-day electricity prices," IEEE Transactions on Power Systems, vol. 18, Issue 3, pp. 1014-1020, Aug. 2003.
7. P. Brockwell and R. Davis, Introduction to Time Series and Forecasting, 2nd ed. New York: Springer-Verlag, 2002.