The Impact of Weather Forecasts on Day-Ahead Power Prices
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منابع مشابه
The power of weather
This paper examines the predictive power of weather for electricity prices in dayahead markets in real time. We find that next-day weather forecasts improve the forecast accuracy of Scandinavian day-ahead electricity prices substantially in terms of point forecasts, suggesting that weather forecasts can price the weather premium. This improvement strengthens the confidence in the forecasting mo...
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تاریخ انتشار 2014