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Electricity price forecasting: A review of the state-of-the-art with a look into the future

Published in International Journal of Forecasting • Sep 18, 2014
Authors:
Rafał Weron

Abstract

A variety of methods and ideas have been tried for electricity price forecasting (EPF) over the last 15 years, with varying degrees of success. This review article aims to explain the complexity of available solutions, their strengths and weaknesses, and the opportunities and threats that the foreca...

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