Modeling and Forecasting Electricity Demand

Released on by Kevin Berk
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  • Modeling and Forecasting Electricity Demand Book Detail

  • Author : Kevin Berk
  • Release Date : 2015-01-30
  • Publisher : Springer Spektrum
  • Genre : Business & Economics
  • Pages : 0
  • ISBN 13 : 9783658086688
  • File Size : 50,50 MB
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Modeling and Forecasting Electricity Demand by Kevin Berk PDF Summary

Book Description: 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 exogenous 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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Modeling and Forecasting Electricity Demand

Modeling and Forecasting Electricity Demand

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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 ca

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Modeling and Forecasting Electricity Demand

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Total View : 9012 Views
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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 ca

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