Summary:
In this paper, the three main forecasting topics that are currently getting the most attention in electric power systems are addressed: load, wind power and electricity prices. Each of these time series exhibits its own stylized features and is therefore forecasted in a very different manner. The complete set of forecasting models and techniques included in this revision constitute a guided tour in power systems forecasting.
Registration date: 01-mar-2009
Citation:
A. Muñoz, E.F. Sánchez-Úbeda, A. Cruz, J. Marín, "Short term forecasting in power systems: A Guided Tour", March 2009. IIT-09-020A.