Please use this identifier to cite or link to this item: http://repositorio.inesctec.pt/handle/123456789/1698
Title: Forecasting Electricity Prices in Spot Markets - One Week Horizon Approach
Authors: José Nuno Fidalgo
João Tomé Saraiva
A. F. Duarte
Issue Date: 2009
Abstract: This paper describes the methodology developed to build estimates of electricity prices having the horizon of one week. This approach uses artificial neural networks and includes a particular treatment of weekends and national holidays as a way to improve the quality of the results. The developed approach was tested using data obtained from the Spanish market operator for the time period of 2006 to 2008. The obtained value of MAPE - Mean Absolute Percentage Error - was 12,62% for workdays and 10,73% for holidays and weekends. The obtained results show that this study has interest to the market agents in question, since realistic forecasting was achieved.
URI: http://repositorio.inesctec.pt/handle/123456789/1698
metadata.dc.type: conferenceObject
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