Econometrics of Electricity Markets
|Name in diploma supplement||Econometrics of Electricity Markets|
|Organisational Unit|| Juniorprofessur für Umweltökonomik, insb. Ökonomik erneuerbarer Energien (https://www.uee.wiwi.uni-due.de/)|
|Lecturers||Jun.-Prof. Dr. Florian Ziel|
|Cycle||winter semester||Participants at most||24|
The objective of the lecture is to provide a basic understanding of electricity markets and regression based modeling methods for electricity prices. The aim of this course is to apply estimation and forecasting algorithms to real data using the statistical Software R, to interpret and to visualize the results.
The relevant material will be given during the course.
Weron, Rafał. "Electricity price forecasting: A review of the state-of-the-art with a look into the future." International Journal of Forecasting 30.4 (2014): 1030-1081.
Lecture. The studied modeling an forecasting methods are applied on real data using the statistical sofware R.
|WIWI‑C1073 - Lecture: Econometrics of Electricity Markets|