Weron, Rafał; Zator, Michał - In: Energy Economics 48 (2015) C, pp. 1-6
Recently, Nowotarski et al. (2013) have found that wavelet-based models for the long-term seasonal component (LTSC) are not only better in extracting the LTSC from a series of spot electricity prices but also significantly more accurate in terms of forecasting these prices up to a year ahead...