Essays about: "electricity price duration prediction"

Found 2 essays containing the words electricity price duration prediction.

1. 1. Model Predictive Control for Ground Source Heat Pumps : Reducing cost while maintaining comfort

   University essay from Linköpings universitet/Reglerteknik

   Author : Isak Bokne; Charlie Elf; [2023]
   Keywords : MPC; Model Predictive Control; heat pump control; electricity spot price; weather prediction; reducing cost;

   Abstract : Today, the control of heat pumps aims to first and foremost maintain a comfortable indoor temperature. This is primarily done by deciding input power based on outside temperature. The cost of electricity, which can be rather volatile, is not taken into account. READ MORE

3. 2. Stochastic Modeling of Electricity Prices and the Impact on Balancing Power Investments

   University essay from KTH/Industriell ekonomi och organisation (Inst.)

   Author : Richard Ruthberg; Sebastian Wogenius; [2016]
   Keywords : Energy investment; investment valuation; renewable energy production; electricity price modeling; long-term; combined heat and power; CHP; balancing power; intermittent renewable energy modeling; Pilipovic model; multi-factor model; sinusoidal regression; Ornstein-Uhlenbeck estimation; electricity price duration prediction; Nord Pool; Sweden electricity market; future energy systems; phasing out nuclear power; energy policy.;

   Abstract : Introducing more intermittent renewable energy sources in the energy system makes the role of balancing power more important. Furthermore, an increased infeed from intermittent renewable energy sources also has the effect of creating lower and more volatile electricity prices. READ MORE