Intro -- 1. Introduction -- 2. The German Electricity Market -- 3. Forecasting Performance of -- 4. Forecasting Performance of Time Series Models: Empirical Study -- 5. The Effect of Wind and Solar Power on Electricity Prices -- 6. Conclusion.

Electricity price forecasting has become an area of increasing relevance in recent years. Despite the growing interest in predictive algorithms, the challenges are difficult to overcome given the restricted access to relevant data series and the lack of accurate metrics. Multiple models have...

ARMA-GARCH-Modellierung; nicht-Normalität; normal-inverse Gauss-Verteilung (NIG-Verteilung); realisierte Momente; Staatsanleihen; Strom Forwards; stylized facts von Finanzzeitreihen; Value at Risk; Verteilung von Anleiherenditen