Long-term Price Range Forecast Applied to Risk Management Using Regression Models

@article{Azevedo2007LongtermPR,
  title={Long-term Price Range Forecast Applied to Risk Management Using Regression Models},
  author={Filipe Azevedo and Z. Vale and P.B.M. Oliveira},
  journal={2007 International Conference on Intelligent Systems Applications to Power Systems},
  year={2007},
  pages={1-6}
}
Long-term contractual decisions are the basis of an efficient risk management. However those types of decisions have to be supported with a robust price forecast methodology. This paper reports a different approach for long-term price forecast which tries to give answers to that need. Making use of regression models, the proposed methodology has as main objective to find the maximum and a minimum Market Clearing Price (MCP) for a specific programming period, and with a desired confidence level… CONTINUE READING

Citations

Publications citing this paper.
Showing 1-3 of 3 extracted citations

References

Publications referenced by this paper.
Showing 1-7 of 7 references

A Day - Ahead Electricity Price Prediction Based on a Fuzzy - Neuro Autoregressive Model in a Deregulated Electricity Market ”

  • H. Ko Niimura, K. Ozawa
  • Forecasting Electricity Prices with Historical…
  • 2006

ARIMA Models to Predict Next - Day Electricity Prices

  • J. Contreras, M. Akkeren
  • IEEE Transactions on Power Systems

Electricity Price Short - Term Forecasting Using Artificial Neural Networks ”

  • R. Espínola J. Contreras, F. J. Nogales, A. J. Conejo
  • IEEE Transactions on Power Systems

Forecasting Non - periodic Short - term Time Series – Radial Basis Function Neural Network Approach

  • S. F. Tsai
  • Proc . IJCNN ’ 02 2002 International Joint…

Forecasting Power Market Clearing Price and Quality Using a Neural Network Locational Marginal Price Forecasting in Deregulated Electric Markets Using a Recurrent Neural Network

  • A. Singh, A. Papalexopoulos
  • Market Clearing Price Forecasting Based on…

Similar Papers

Loading similar papers…