A variety of methods and ideas have been tried for electricity price forecasting (EPF) over the
last 15 years, with varying degrees of success. This review article aims to explain the …

This book offers an in-depth and up-to-date review of different statistical tools that can be
used to analyze and forecast the dynamics of two crucial for every energy company …

This paper investigates the day-ahead forecasting performance of fundamental price models
for electricity spot prices, intended to capture:(i) the impacts of economic, technical, strategic …

In this paper we assess the short-term forecasting power of different time series models in
the electricity spot market. In particular we calibrate AR/ARX (''X''stands for exogenous …

When time series are observed with noise, the popular Augmented Dickey–Fuller (ADF) unit
root test and Johansen's cointegration test are oversized: the ADF tends to conclude for …

We investigate the management of a merchant wind energy farm co‐located with a grid‐
level storage facility and connected to a market through a transmission line. We formulate …

This paper analyses the complex, non-linear effects of spot price drivers in wholesale
electricity markets: their intra-day dynamics and transient irregularities. The context is the UK …

We investigate the performance of two hybrid forecasting models to predict the next-day
base load electricity prices on the APX power exchange for Great Britain. Hybrid models …

In this paper a robust approach to modeling electricity spot prices is introduced. Differently
from what has been recently done in the literature on electricity price forecasting, where the …

Sudden dramatic rises in electricity prices, known as electricity “price spikes”, are ubiquitous
in electricity spot markets worldwide. These price spikes often cluster. Energy retailers in …