Have a personal or library account? Click to login
Correlation of Day Ahead Electric Energy Market Price with Renewable Energy Sources Generation and Load Forecast Cover

Correlation of Day Ahead Electric Energy Market Price with Renewable Energy Sources Generation and Load Forecast

Open Access
|Oct 2022

References

  1. [1] Y. He, Y. Xu, Y. Pang, H. Tian, R. Wu: A regulatory policy to promote renewable energy consumption in China: Review and future evolutionary path, Renew. Energy, vol. 89, pp. 695–705, 2016, doi: 10.1016/j.renene.2015.12.047.
  2. [2] M. Bhattacharya, S. R. Paramati, I. Ozturk, S. Bhattacharya: The effect of renewable energy consumption on economic growth: Evidence from top 38 countries, Appl. Energy, vol. 162, pp. 733–741, 2016, doi: 10.1016/j.apenergy.2015.10.104.
  3. [3] European Comission: Best practices on Renewable Energy Self-consumption, J. Chem. Inf. Model., vol. 53, no. 9, pp. 1689–1699, 2015, doi: 10.1017/CBO9781107415324.004.
  4. [4] IRENA: Renewable Energy Capacity Highlights, March, 2019
  5. [5] V. B. Venkateswaran, D. K. Saini, M. Sharma: Approaches for optimal planning of the energy storage units in distribution network and their impacts on system resiliency — A review, CSEE J. Power Energy Syst., vol. 6, pp. 816–833, 2020, doi: 10.17775/cseejpes.2019.01280.
  6. [6] J. M. Morales et al.: Integrating Renewables in Electricity Markets, Springer, 201410.1007/978-1-4614-9411-9
  7. [7] F. P. Sioshansi, Evolution of Global Electricity Markets: New paradigms new challenges new approaches. Academic Press, 2013.
  8. [8] H. Aghaie: Resource Adequacy and Optimal Investment in Energy-only Markets, IEEE Innovative Smart Grid Technologies - Asia (ISGT-Asia), 2017, doi: 10.1109/ISGT-Asia.2017.8378413.
  9. [9] H. Aghaie, R. Haas: Efficient energy only markets, Int. Conf. Eur. Energy Mark. EEM, vol. 2015-Augus, pp. 8–12, 2015, doi: 10.1109/EEM.2015.7216736.
  10. [10] D. Gielen, F. Boshell, D. Saygin, M. D. Bazilian, N. Wagner, and R. Gorini: The role of renewable energy in the global energy transformation, Energy Strateg. Rev., vol. 24, pp. 38–50, 2019, doi: 10.1016/j.esr.2019.01.006.
  11. [11] T. Van Der Heijden, J. Lago, P. Palensky, E. Abraham: Electricity Price Forecasting in European Day Ahead Markets: A Greedy Consideration of Market Integration, IEEE Access, vol. 9, pp. 119954–119966, 2021, doi: 10.1109/ACCESS.2021.3108629.
  12. [12] X. Fang, M. Cui: Analytical model of day-ahead and real-time price correlation in strategic wind power offering, J. Mod. Power Syst. Clean Energy, vol. 8, no. 5, pp. 1024–1027, 2020, doi: 10.35833/MPCE.2019.000598.
  13. [13] A. Brusaferri, L. Fagiano, M. Matteucci, A. Vitali: Day ahead electricity price forecast by NARX model with LASSO based features selection, IEEE Int. Conf. Ind. Informatics, pp. 1051–1056, 2019, doi: 10.1109/INDIN41052.2019.8972263.
  14. [14] I. Shah, H. Bibi, S. Ali, L. Wang, Z. Yue: Forecasting One-Day-Ahead Electricity Prices for Italian Electricity Market Using Parametric and Nonparametric Approaches, IEEE Access, vol. 8, pp. 123104–123113, 2020, doi: 10.1109/ACCESS.2020.3007189.
  15. [15] H. Jahangir et al.: A Novel Electricity Price Forecasting Approach Based on Dimension Reduction Strategy and Rough Artificial Neural Networks, IEEE Trans. Ind. Informatics, vol. 16, no. 4, pp. 2369–2381, 2020, doi: 10.1109/TII.2019.2933009.
  16. [16] S. Chai, Z. Xu, Y. Jia: Conditional Density Forecast of Electricity Price Based on Ensemble ELM and Logistic EMOS, IEEE Trans. Smart Grid, vol. 10, no. 3, pp. 3031–3043, 2019, doi: 10.1109/TSG.2018.2817284.
  17. [17] Y. Li, G. Li, Y. Rong, Z. Bie: Study on Day-ahead Clearing Model of Spot Electricity Market Containing Renewable Energy, iSPEC 2019 - 2019 IEEE Sustain. Power Energy Conf. Grid Mod. Energy Revolution, Proc., pp. 2419–2424, 2019, doi: 10.1109/iSPEC48194.2019.8975009.
  18. [18] S. Zhou, L. Zhou, M. Mao, H. M. Tai, Y. Wan: An Optimized Heterogeneous Structure LSTM Network for Electricity Price Forecasting, IEEE Access, vol. 7, pp. 108161–108173, 2019, doi: 10.1109/ACCESS.2019.2932999.
  19. [19] ENTSO-E: “ENTSO-E Transparency Platform.” [Online]. Available: https://transparency.entsoe.eu/dashboard/show.
  20. [20] H. Aghaie: Statistical Analysis of the German Electricity Market in Presence of Renewables, 201710.1109/ISGT-Asia.2017.8378413
  21. [21] Joint Research Centre, Energy Technology Reference Indicator projections for 2010-2050, vol. 57, no. 3, 2014
DOI: https://doi.org/10.2478/bhee-2021-0013 | Journal eISSN: 2566-3151 | Journal ISSN: 2566-3143
Language: English
Page range: 14 - 20
Submitted on: Sep 1, 2021
|
Accepted on: Nov 1, 2021
|
Published on: Oct 26, 2022
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2022 Amer Aščerić, Miloš Pantoš, Marko Čepin, published by Bosnia and Herzegovina National Committee CIGRÉ
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.