• DocumentCode
    2375283
  • Title

    Electricity market price forecasting in a price-responsive smart grid environment

  • Author

    Motamedi, Amir ; Zareipour, Hamidreza ; Rosehart, William D.

  • Author_Institution
    Dept. of Electr. & Comput. Eng., Univ. of Calgary, Calgary, AB, Canada
  • fYear
    2010
  • fDate
    25-29 July 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    In this paper, issues related to price forecasting in a smart grid environment are discussed. In such an environment, demand-side resources are enabled to play a bigger role in the operation of electricity markets, compared to the limited demand-side market participation in most of the existing markets. The response of the demand-side to price forecasts could impact the formation of price patterns, thus calling for further research.
  • Keywords
    power markets; power system economics; pricing; smart power grids; electricity market price forecasting; price-responsive smart grid environment; Demand response; price forecasting; rule extraction; smart grids;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power and Energy Society General Meeting, 2010 IEEE
  • Conference_Location
    Minneapolis, MN
  • ISSN
    1944-9925
  • Print_ISBN
    978-1-4244-6549-1
  • Electronic_ISBN
    1944-9925
  • Type

    conf

  • DOI
    10.1109/PES.2010.5589334
  • Filename
    5589334
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2375283