Klaeboe, Gro; Eriksrud, Anders Lund; Fleten, Stein-Erik - Department of Economics, George Washington University - 2013
In the trade-off between bidding in the day-ahead electricity market and the real time balancing market, producers need good forecasts for balancing market prices to make informed decisions. A range of earlier published models for forecasting of balancing market prices, including a few...