| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 8116012 | Renewable and Sustainable Energy Reviews | 2015 | 12 Pages |
Abstract
Through a set of numerical analysis, we provide an exploratory analysis of the APX day-ahead spot prices and the real-time imbalance prices using electricity price data from 2002 to 2013. We observe the price spikes both in the day-ahead and imbalance markets usually occur around 6-10Â AM and 5-7Â PM. We also observe that in the imbalance market system overages happen significantly more often than shortages pointing out that the market tends to buy more than what is demanded. This could be explained by the risk attitude of the market participants in the imbalance market.
Related Topics
Physical Sciences and Engineering
Energy
Renewable Energy, Sustainability and the Environment
Authors
Fehmi Tanrisever, Kursad Derinkuyu, Geert Jongen,