| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7405813 | Energy Policy | 2012 | 5 Pages |
Abstract
⺠Forecasting Nord Pool day-ahead prices with an autoregressive model. ⺠The model is based on Weron and Misiorek (2008) but with the set of parameters reduced from 24 to 1. ⺠The model includes Nordic demand and Danish wind power as exogenous variables. ⺠Hourly mean absolute percentage error ranges from 8% to 11%. ⺠Out of sample results yields a WMAE and an hourly MAPE of around 5%.
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Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Tarjei Kristiansen,