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 …

An overview of today's energy markets from a multi-commodity perspective As global
warming takes center stage in the public and private sectors, new debates on the future of …

Most relevant decisions to be made by market agents within an energy market involve a
significant level of data uncertainty. For agents to make informed decisions within such a …

The markets for electricity, gas and temperature have distinctive features, which provide the
focus for countless studies. For instance, electricity and gas prices may soar several …

One of the most profound features of electricity spot prices are the price spikes. Markov
regime-switching (MRS) models seem to be a natural candidate for modeling this spiky …

The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

We discuss the modeling of electricity contracts traded in many deregulated power markets.
These forward/futures type contracts deliver (either physically or financially) electricity over a …

Due to its non-storable nature, electricity is a commodity with probably the most volatile spot
prices, exemplified by occasional spikes. Appropriate pricing, portfolio, and risk …

As electricity markets deregulate and energy tariffs increasingly expose customers to
commodity price volatility, it is difficult for energy consumers to assess the economic value of …

Energy storage systems are well poised to mitigate uncertainties of renewable generation
outputs. Grid-scale energy storage projects are major investments which call for rigorous …