Abstract
The Journal of Smart Environments and Green Computing is an international, peer-reviewed, open access journal which provides a forum for the publication of papers addressing the variety of theoretical, methodological, epistemological, empirical and practical issues. The following topics are especially welcome: green computing, sustainable computing, energy efficiency, decision making, green cloud computing, smart cities, renewable energy, smart environments, etc.
Highlights
Since the early 1990s, energy markets have play increasingly important roles in the power systems worldwide because of the deregulation process
Forecasting energy demand and day-ahead prices is a vital issue for all market participants.Accurate day-ahead price forecasting in the spot market helps the power suppliers adjust their bidding strategies to achieve the maximum benefit
Weron[2,3,4] reviewed the approaches to modeling and forecasting day-ahead electricity prices
Summary
Since the early 1990s, energy markets have play increasingly important roles in the power systems worldwide because of the deregulation process. Time series of electricity prices tend to have complex features such as nonstationarity, nonlinearity, and high volatility, making energy price forecasting difficult. Weron[2,3,4] reviewed the approaches to modeling and forecasting day-ahead electricity prices. He found that an approach where each hour is forecasted separately gives better results than an approach where forecasts are made for the whole day at once.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
