Prediction of Matching Prices in Electricity Markets through Curve Representation
Daniel Foronda-Pascual,
Andrés M. Alonso
Abstract:In the Spanish electricity market, after the daily market is held in which prices are set for the next day, the secondary and tertiary markets take place, which allow companies more accurate adjustment of the electricity they are able to offer. The objective of this paper is to predict the final price reached in these markets by predicting the supply curve in advance, which is the aggregate of what companies offer. First, we study a procedure to represent the supply curves, and then we consider different machi… Show more
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