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2014 | OriginalPaper | Buchkapitel

Analysis of Electricity Market Prices Using Multidimensional Scaling

verfasst von : Filipe Azevedo, J. Tenreiro Machado

Erschienen in: Mathematical Methods in Engineering

Verlag: Springer Netherlands

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Abstract

This paper studies the impact of the energy upon electricity markets using Multidimensional Scaling (MDS). Data from major energy and electricity markets is considered. Several maps produced by MDS are presented and discussed revealing that this method is useful for understanding the correlation between them. Furthermore, the results help electricity markets agents hedging against Market Clearing Price (MCP) volatility.

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Metadaten
Titel
Analysis of Electricity Market Prices Using Multidimensional Scaling
verfasst von
Filipe Azevedo
J. Tenreiro Machado
Copyright-Jahr
2014
Verlag
Springer Netherlands
DOI
https://doi.org/10.1007/978-94-007-7183-3_28

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