This paper provides a review of some of the main methodological issues and techniques
which have become innovative in addressing the problem of forecasting daily loads and prices …

This paper presents a large-scale application of multiagent evolutionary modeling to the
proposed new electricity trading arrangements (NETA) in the UK. This is a detailed plant-by-…

This paper addresses the economic impact of the EU Emission Trading Scheme for carbon
on wholesale electricity and gas prices. Specifically, we analyse the mutual relationships …

A large literature has evolved in the thirty years since the seminal work on combining forecasts.
Despite this, when evaluating performance we only look at measures of accuracy and …

It is often argued that scenario development is different from forecasting, but the analysis
presented here reevaluates how it is converging with contemporary forecasting practice. The …

This paper investigates the day-ahead forecasting performance of fundamental price
models for electricity spot prices, intended to capture: (i) the impacts of economic, technical, …

A variety of market mechanisms have been proposed and implemented around the world in
order to create competitive electricity pools and exchanges. However, it is an open question …

Electricity markets are structurally different to other commodities, and the real-time dynamic
balancing of the electricity network involves many external factors. Because of this, it is not a …

Bayesian methodology is suggested as a valid approach to the combination of forecasts and
a simple subjectivist procedure is presented. It is shown how subjective probabilities can be …

The electricity generation and distribution industries of England and Wales have recently
undergone major re-structuring as part of the privatization process of taking them out of the …