On the importance of the long-term seasonal component in day-ahead electricity price forecasting
Sign Up to like & getrecommendations! Published in 2019 at "Energy Economics"
DOI: 10.1016/j.eneco.2018.02.007
Abstract: A recent electricity price forecasting study has shown that the Seasonal Component AutoRegressive (SCAR) modeling framework, which consists of decomposing a series of spot prices into a trend-seasonal and a stochastic component, modeling them independently… read more here.
Keywords: seasonal component; price forecasting; predictive distributions; scar ... See more keywords
Spectral Characterization of the Multi-Seasonal Component of the Italian Electric Load: A LASSO-FFT Approach
Sign Up to like & getrecommendations! Published in 2020 at "IEEE Control Systems Letters"
DOI: 10.1109/lcsys.2019.2922192
Abstract: In this letter, the modeling of the multi-seasonal component of the national electric load is investigated. Differently from additive models that consider just the sum of daily, weekly, and yearly periodic components, in order to… read more here.
Keywords: multi seasonal; lasso fft; seasonal component; electric load ... See more keywords