Electricity price predictions have become a major discussion on competitive market under deregulated power system. But, the exclusive characteristics of electricity price such as non-linearity, non-stationary and time-varying volatility structure present several challenges for this task. In this paper, a new forecast strategy based on the iterative neural network is proposed for Day-ahead price...

We consider the scenario where $N$ utilities strategically bid for electricity in day-ahead market and balance mismatch between committed supply actual demand real-time market, with uncertainty local renewable generation consideration. ...