Forecasting hourly electricity prices and their characteristic properties is a core challenge for energy generation companies and trading houses. The short-term marketing and purchase of electricity is usually managed with standardized products traded on different markets and with specific...

Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity system and market models that have been developed and...

We present a stochastic modelling approach to describe the dynamics of hourly electricity prices. The suggested methodology is a stepwise combination of several mathematical operations to adequately characterize the distribution of electricity spot prices. The basic idea is to analyze day-ahead...

We present a stochastic modelling approach to describe the dynamics of hourly electricity prices. The suggested methodology is a stepwise combination of several mathematical operations to adequately characterize the distribution of electricity spot prices. The basic idea is to analyze day-ahead...

In this paper we present an evaluation framework for predictions of binary events in probabilistic electricity price forecasting. It employs the MSE-equivalent QPS together with the DM test and allows for further insights about deficiencies of the considered models. Additionally, techniques from...

In this paper we present an evaluation framework for predictions of binary events in probabilistic electricity price forecasting. It employs the MSE-equivalent QPS together with the DM test and allows for further insights about deficiencies of the considered models. Additionally, techniques from...

Dieser Projektbericht ist im Rahmen des Verbundprojektes EnStadt - QUARREE100: Resiliente, integrierte und systemdienliche Energieversorgungssysteme im städtischen Bestandsquartier unter vollständiger Integration erneuerbarer Energien - Reallabor Rüsdorfer Camp entstanden.

Improving the energy efficiency of residential buildings is of paramount importance to reduce CO2 emissions and hence to achieve a climate-neutral building stock - the objective of the German government for 2045. Thereby, a focus on the existing building stock is needed, as regulations for new...

Germany's energy transition is associated with increasing congestion in the electricity transmission grids due to increasing infeed from renewable energy sources, especially from wind turbine installation at the periphery in coastal areas. Here, regional differences in generation and demand lead...

The existence of spatial patterns in the adoption of small-scale solar photovoltaic (PV) systems is widely accepted in the academic literature. The diffusion of these systems depends on decisions of heterogenous units, often households, that form their decision based on unit characteristics and...