Modeling and forecasting electricity loads and prices : a statistical approach /
This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes & mdash;electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-ta...
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| Format: | eBook |
| Language: | English |
| Published: |
Chichester, England ; Hoboken, NJ :
John Wiley & Sons,
©2006.
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| Series: | Wiley finance series
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes & mdash;electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. |
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| Physical Description: | 1 online resource (xi, 178 pages) : illustrations |
| Bibliography: | Includes bibliographical references (pages 157-170) and index. |
| ISBN: | 9781118673362 1118673360 9780470059999 0470059990 |