Mahieu, Ronald; Huisman, Huisman, R.; Huurman, C. - Erasmus Research Institute of Management (ERIM), … - 2007
This paper focuses on the characteristics of hourly electricity prices in day-ahead markets. In these markets, quotes for day-ahead delivery of electricity are submitted simultaneously for all hours in the next day. The same information set is used for quoting all hours of the day. The dynamics...