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One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10008568622
One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10008645071
This paper uses monthly data from 1984:M10 to 2012:M8 to show that oil-sensitive stock price indices, particularly those in the energy sector, have strong power in predicting nominal and real crude oil prices at short horizons (one-month-ahead predictions), using both in- and out-of-sample...
Persistent link: https://www.econbiz.de/10011108764
When building stochastic models for electricity spot prices the problem of uttermost importance is the estimation and … considered. With this paper we want to fill the gap and present a thorough study on estimation and forecasting of the LTSC of …
Persistent link: https://www.econbiz.de/10011112241
I evaluate the out-of-sample forecasting performance of five models of Chinese and Indian energy consumption. The results are mixed, but in general the auto-regressive distributed lag and unobserved components models perform the best over multiple evaluation criteria. I then use these two models...
Persistent link: https://www.econbiz.de/10011114340
Insights about electricity demand dynamics is fundamental for investment capacity, optimal energy policies, and a balanced electricity system. This paper presents an empirical analysis of the monthly Italian electricity demand since January 2001 to June 2012. In the first section we conduct the...
Persistent link: https://www.econbiz.de/10011114523
In this paper we assess the short-term forecasting power of different time series models in the electricity spot market. We calibrate autoregression (AR) models, including specifications with a fundamental (exogenous) variable - system load, to California Power Exchange (CalPX) system spot...
Persistent link: https://www.econbiz.de/10008562598
One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10011258382
Persistent link: https://www.econbiz.de/10010414273
Persistent link: https://www.econbiz.de/10003338662