Forecasting Models of Electricity Prices - Image 1

£43.59

MDPI AG Forecasting Models of Electricity Prices

Name: Forecasting Models of Electricity Prices
Brand: MDPI AG
Price: 43.59 GBP
Availability: InStock

Engineering & Technology

It has never been this cheap. We have no record of a lower price.

£44 today · cheaper than every other day in the last 24 months

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WHAT'S ON THIS PAGE

↓ Price chart
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↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

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Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 634 days • 634 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 634 days • 6 price levels

Days at Price

Current Price

Price Analysis

Most common price: £53 (316 days, 49.8%)

Price range: £44 - £53

Price levels: 6 different prices over 634 days

Description

The new competitive electricity markets make it imperative for companies related to electricity production and retail to have tools in place for energy offers. Price forecasting is critical when making offers in electricity markets, since it is considerably more complex than demand forecasting and the level of uncertainty is higher. Knowing electricity prices beforehand makes it possible for generators to determine their optimal production strategy in order to maximize their profit. Similarly, consumers and retailers can plan their consumption and produce energy bids to maximize their utility. Therefore, price forecasting is instrumental both for producers, retailers and consumers.

Product Specifications

Brand: MDPI AG
Format: paperback
ASIN: 3038424153
Category: Books > Subjects > Science, Nature & Maths > Engineering & Technology
Domain: Amazon UK
Release Date: 02 June 2017
Listed Since: 08 June 2017

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MDPI AG Forecasting Models of Electricity Prices

It has never been this cheap. We have no record of a lower price.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

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