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dc.contributor.authorHiggs, Helenen_US
dc.contributor.authorWorthington, Andrewen_US
dc.date.accessioned2017-05-03T13:06:38Z
dc.date.available2017-05-03T13:06:38Z
dc.date.issued2010en_US
dc.date.modified2011-07-29T06:29:25Z
dc.identifier.issn08434379en_US
dc.identifier.urihttp://hdl.handle.net/10072/38286
dc.description.abstractThe restructuring and deregulation of global electricity markets has brought about fundamental changes in the behaviour of wholesale spot prices. In turn, this has fostered a small but increasing volume of literature aimed at modeling and providing best-practice forecasts of electricity prices and price volatility, often employing very high-frequency data. The purpose of this paper is to review the various time-series regression modeling approaches as they apply to competitive electricity markets throughout the world. Apart from discussing the strengths and weaknesses of the different approaches and their key findings, the paper also examines the steps faced by researchers as they move through the modeling process. Accordingly, the article provides guidance to those conducting empirical research on electricity prices and serves as an aid for policymakers, managers and practitioners interpreting electricity pricing research outcomes.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.format.extent212627 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherMcMaster Universityen_US
dc.publisher.placeCanadaen_US
dc.publisher.urihttp://digitalcommons.mcmaster.ca/esr/vol17/iss1/1/en_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom1en_US
dc.relation.ispartofpageto25en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalEnergy Studies Reviewen_US
dc.relation.ispartofvolume17en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchEnvironment and Resource Economicsen_US
dc.subject.fieldofresearchcode140205en_US
dc.titleModelling spot prices in deregulated wholesale electricity markets: a selected empirical reviewen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.rights.copyrightCopyright 2010 McMaster University, Institute for Energy Studies. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.en_AU
gro.date.issued2010
gro.hasfulltextFull Text


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