Bosco, Bruno; Parisio, Lucia; Pelagatti, Matteo - Dipartimento di Statistica, Università degli Studi di … - 2006
In this paper we analyze the time series of daily average prices generated in the Italian electricity market, which started to operate as a Pool in April 2004. The objective is to characterize the high degree of autocorrelation and multiple seasonalities in the electricity prices. We use...