Nowotarski, Jakub; Tomczyk, Jakub; Weron, Rafał - In: Energy Economics 39 (2013) C, pp. 13-27
We present the results of an extensive study on estimation and forecasting of the long-term seasonal component (LTSC) of electricity spot prices. We consider a battery of over 300 models, including monthly dummies and models based on Fourier or wavelet decomposition combined with linear or...