Please use this identifier to cite or link to this item:
Title: Analysis of Electricity Markets Using Multidimensional Scaling
Authors: J. Tenreiro Machado
Filipe Azevedo
Issue Date: 2012
Abstract: This paper studies the impact of the energy upon electricity markets using Multidimensional Scaling (MDS). MDS is a computational and statistical technique that produces a spatial representation of similarity between objects through factors of relatedness. MDS represents in a low dimensional map data points whose similarities are defined in a higher dimensional space. Data from major energy and electricity markets is considered. Several maps produced by MDS are presented and discussed revealing that this method is useful for understanding the correlation between them. Furthermore, the results help electricity markets agents hedging against Market Clearing Price (MCP) volatility.
metadata.dc.type: conferenceObject
Appears in Collections:CPES - Indexed Articles in Conferences

Files in This Item:
File Description SizeFormat 
PS-07940.pdf1.02 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.