Effective and reliable electricity price forecast is essential for market participants in setting up appropriate risk management plans in an electricity market. A reliable price prediction model based on an advanced self-adaptive radial basis function (RBF) neural network is presented. The...

The implementation of the Carbon Pollution Reduction Scheme (CPRS) and the expanded Renewable Energy Target (RET) which drive to a smart grid application are likely to have a significant and ongoing impact on energy markets in Australia. One of the key issues is the transmission pricing scheme....