A Note on the Normalization of Spanish Electricity Spot Prices

被引：15

作者：

Diaz, Guzman ^{[1
]}

Planas, Estefania ^{[2
]}

机构：

[1] Univ Oviedo, Campus Viesques, Oviedo 33204, Spain

[2] Univ Basque Country, Alaameda Urquijo, Leioa 48013, Spain

来源：

IEEE TRANSACTIONS ON POWER SYSTEMS | 2016年 / 31卷 / 03期

关键词：

Autoregressive processes; normal distributions; probability; time series;

D O I：

10.1109/TPWRS.2015.2449757

中图分类号：

TM [电工技术]; TN [电子技术、通信技术];

学科分类号：

0808 ; 0809 ;

摘要：

Merit order of renewable generation has produced an increasing, relevant number of zero values in Spanish electricity spot prices since 2010, in contrast with the rest of markets which rarely present zero values. This letter shows that existing methodologies for normalizing the price distribution fail to yield a proper normalization. This letter proposes a new algorithm based on Nataf transformation which addresses this issue and ensures a correct normalization. Numerical results validate the proposed algorithm.

引用

页码：2499 / 2500

页数：2

共 9 条

[1]

[Anonymous], 1986, Probabilistic Engineering Mechanics, DOI DOI 10.1016/0266-8920(86)90033-0

[2]

[Anonymous], 2010, DECISION MAKING UNCE

[3]

[Anonymous], 2006, Introduction to Time Series and Forecasting

[4] ARIMA models to predict next-day electricity prices [J].