Access to electricity is widely recognized as an essential element of economic development. This paper uses a …

This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes …, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electricity subsidies. It …

In the new framework of competitive electricity markets, all power market participants need accurate price forecasting … perspective. Short term spot electricity price forecasting techniques are either inspired from electrical engineering literature … tools. Electricity price forecasts characterize significant information that can help captive power producer, independent …

In the new framework of competitive electricity markets, all power market participants need accurate price forecasting … perspective. Short term spot electricity price forecasting techniques are either inspired from electrical engineering literature … tools. Electricity price forecasts characterize significant information that can help captive power producer, independent …

, forecasting of the full density for long horizons is feasible, which we pursue. We document variability in conditional variances … over time, which stresses the importance of careful modeling and forecasting of volatility. We show that improved model fit …

Modelling and forecasting the volatile spot pricing process for electricity presents a number of challenges. For … increasingly deregulated electricity markets, like that in the Australian state of New South Wales, there is need to price a range … as possible candidates for explaining the pricing process and evaluate their forecasting ability. These models include …