Proceedings of the KIEE Conference (대한전기학회:학술대회논문집)
- 2008.11a
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- Pages.83-85
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- 2008
Forecasting Short-term Electricity Prices in South Korean Electricity Market
한국전력시장에서의 단기전력가격 예측
- Chae, Yeoung-Jin (Korea Power Exchange) ;
- Kim, Doo-Jung (Korea Power Exchange) ;
- Kim, Eun-Soo (Korea Power Exchange)
- Published : 2008.11.07
Abstract
The authors develop and compare the performance of short-term forecasting models on electricity market prices in Korea. The models are based on time-series methods. The outcome shows that the EGARCH model has the best results in the out-of-sample forecasts.
Keywords