Modeling and Forecasting Electricity Demand is popular PDF and ePub book, written by Kevin Berk in 2015-01-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Modeling and Forecasting Electricity Demand can be Read Online from any device for your convenience.
Modeling and Forecasting Electricity Demand Book PDF Summary
The master thesis of Kevin Berk develops a stochastic model for the electricity demand of small and medium-sized companies that is flexible enough so that it can be used for various business sectors. The model incorporates the grid load as an exogenous factor and seasonalities on a daily, weekly and yearly basis. It is demonstrated how the model can be used e.g. for estimating the risk of retail contracts. The uncertainty of electricity demand is an important risk factor for customers as well as for utilities and retailers. As a consequence, forecasting electricity load and its risk is now an integral component of the risk management for all market participants.
Detail Book of Modeling and Forecasting Electricity Demand PDF
- Author : Kevin Berk
- Release : 30 January 2015
- Publisher : Springer Spektrum
- ISBN : 3658086688
- Genre : Business & Economics
- Total Page : 0 pages
- Language : English
- PDF File Size : 16,5 Mb
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