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Paper detail

Forecasting day ahead electricity spot prices: The impact of the EXAA to other European electricity markets

In our paper we analyze the relationship between the day-ahead electricity price of the Energy Exchange Austria (EXAA) and other day-ahead electricity prices in Europe. We focus on markets, which settle their prices after the EXAA, which enables traders to include the EXAA price into their calculations. For each market we employ econometric models to incorporate the EXAA price and compare them with their counterparts without the price of the Austrian exchange. By employing a forecasting study, we find that electricity price models can be improved when EXAA prices are considered.

preprint2015arXivOpen access
Florian ZielRick SteinertSven Husmann
stat.OTq-fin.STApplicationsecon.EMq-fin.TR
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Florian ZielRick SteinertSven Husmann

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