A Latent-Factor System Model for Real-Time Electricity Prices in Texas
A novel methodology to model electricity prices and latent causes as endogenous, multivariate time-series is developed and is applied to the Texas energy market. In addition to exogenous factors like the type of renewable energy and system load, observed prices are also influenced by some combinatio...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-07-01
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| Series: | Applied Sciences |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2076-3417/11/15/7039 |