Nowotarski, Jakub; Raviv, Eran; Trück, Stefan; Weron, … - In: Energy Economics 46 (2014) C, pp. 395-412
In this comprehensive empirical study we critically evaluate the use of forecast averaging in the context of electricity prices. We apply seven averaging and one selection scheme and perform a backtesting analysis on day-ahead electricity prices in three major European and US markets. Our...