Titlebook: Energy Time Series Forecasting; Efficient and Accura Lars Dannecker Book 2015 Springer Fachmedien Wiesbaden 2015 Der Europäische Strommarkt

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https://doi.org/10.1007/978-3-642-97865-4 new requirements on the forecasting calculation process. The electricity market changed from a static oneday ahead market to a more flexible and dynamic trading in real-time. In this markets the number of market participants substantially increased and deals can be closed shortly before the target fulfillment date of the negotiated contract.

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Book 2015ency and accuracy, as well as allowing the process to adapt to different situations and applications. Improving the forecasting efficiency is a key pre-requisite for ensuring stable electricity grids in the face of an increasing amount of renewable energy sources. It is also important to facilitate

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Introduction,ir 2013 hype cycle for analytic applications as ”entering the plateau” and ”climbing the slope” respectively, which means that both are well-established technologies in the industry and their utilization is steadily increasing.

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