Efficient representation of supply and demand curves on day-ahead electricity markets

• Tác giả: Mariia Soloviova, Tiziano Vargiolu
• Ngôn ngữ: eng
• Ký hiệu phân loại: 525.63 Earth (Astronomical geography)
• Thông tin xuất bản: 2020
• Bộ sưu tập: Báo, Tạp chí
• ID: 163899

Tóm tắt

Our paper aims to model supply and demand curves of electricity day-ahead auction in a parsimonious way. Our main task is to build an appropriate algorithm to present the information about electricity prices and demands with far less parameters than the original one. We represent each curve using mesh-free interpolation techniques based on radial basis function approximation. We describe results of this method for the day-ahead IPEX spot price of Italy.