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electricity markets. Electricity price forecasting is necessary for all market participants to optimize their portfolios. In this … paper we propose a hybrid method approach for short-term hourly electricity price forecasting. The paper combines … statistical techniques for pre-processing of data and a multi-layer (MLP) neural network for forecasting electricity price and …
Persistent link: https://www.econbiz.de/10011031407
This study examines fuel switching in electricity production following the introduction of the European Union … examines 12 European countries using monthly data on fuel use, prices, and electricity generation during the first phase of the …
Persistent link: https://www.econbiz.de/10010675976
California economy. A baseline scenario in which California relies on imported electricity to meet future demand is then compared …
Persistent link: https://www.econbiz.de/10010676003
overcome this problem, generators are used in self-generation of energy, but this leads to an increase of electricity …-related expenses. This article assesses the impact of electricity self-generation on Cameroonian industrial companies. The model … electricity in industrial companies in Cameroon have increased five times due to electricity rationing and untimely power cuts …
Persistent link: https://www.econbiz.de/10010676097
As part of its climate strategy, the EU aims at increasing the share of electricity from renewable energy sources (RES …-E) in overall electricity generation. Attaining this target poses a considerable challenge as the electricity sector is … “locked” into a carbon-intensive system, which hampers the adoption of RES-E technologies. Electricity generation …
Persistent link: https://www.econbiz.de/10011030785
/support schemes: a constant feed-in tariff, a premium on top of the electricity market price (either a fixed premium or a variable … electricity with ever longer maturities enable market-based valuations to be undertaken. The model considers up to three sources … of uncertainty: the electricity price, the level of wind generation, and the certificate (ROC) price where appropriate …
Persistent link: https://www.econbiz.de/10011030946
Transmission investments are currently needed to meet an increasing electricity demand, to address security of supply …
Persistent link: https://www.econbiz.de/10011031283
using representative technologies in electricity generation, with a more detailed analysis on wind power, where … intermittence and stochastic availability of hard-to-store electricity will be factored into theoretical returns. …
Persistent link: https://www.econbiz.de/10011031300
I introduce and evaluate a new stochastic simulation method for dynamic economic models. It is based on recent work in the operations research and engineering literatures (Van Roy et. al, 1997; Powell, 2007; Bertsekas, 2011). The baseline method involves rewriting the household's dynamic program in...
Persistent link: https://www.econbiz.de/10010700374
This paper analyses the macroeconomic costs of environmental regulation in European energy markets on the basis of existing macroeconomic simulation studies. The analysis comprises the European emssion trading scheme, energy taxes, measures in the transport sector, and the promotion of renewable...
Persistent link: https://www.econbiz.de/10005097709