Modeling and Forecasting Electricity Demand A Risk Management Perspective
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Form:Einzelkauf Download
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Sprache:Englisch
Fr. 62.90
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Produktdetails
Format
Kopierschutz
Nein
Family Sharing
Nein
Text-to-Speech
Nein
Erscheinungsdatum
20.01.2015
Verlag
Springer Fachmedien WiesbadenSeitenzahl
115 (Printausgabe)
Dateigröße
3481 KB
Sprache
Englisch
EAN
9783658086695
The master thesis of Kevin Berk develops a stochastic model for the electricity demand of small and medium-sized companies that is flexible enough so that it can be used for various business sectors.
The model incorporates the grid load as an exogeneous factor and seasonalities on a daily, weekly and yearly basis. It is demonstrated how the model can be used e.g. for estimating the risk of retail contracts. The uncertainty of electricity demand is an important risk factor for customers as well as for utilities and retailers. As a consequence, forecasting electricity load and its risk is now an integral component of the risk management for all market participants.
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