Vestnik YuUrGU. Ser. Mat. Model. Progr., 2020, Volume 13, Issue 3, Pages 73–79
Forecasting tariffs for the day-ahead market based on the additive model
E. A. Lyaskovskayaa, P. K. Zarjitskaya-Thierlingb, O. A. Dmitrinac
a South Ural State University, Chelyabinsk, Russian Federation
b Darmstadt Clinic, Darmstadt, Germany
c LLC “Indirect”, Chelyabinsk, Russian Federation
The problem of constructing an additive model for forecasting of the market tariff for the day ahead is solved. The trend component is constructed on the basis of the autoregressive model of already known values of the day-ahead market tariff and the external factor of electricity consumption according to the United Energy System (UES) of the Urals Wholesale Electricity and Power Market (OREM) of Russia for 2009–2018. Based on the construction of the autocorrelation function, three seasonal components are identified in the time series of hourly values of the market tariff for the day ahead: annual (8760 values), weekly (168 values), daily (24 values). A harmonic model of each component is constructed. The final additive model is constructed taking into account the specifics of the electricity market and the process of setting the market tariff for the day ahead and a balancing market. The practical significance of the developed additive model is adequate accuracy with the well-known models for forecasting of the market tariff for the day ahead of the UES of the Urals. The proposed model allows the subjects of the electric power industry to avoid penalties from the balancing market by ensuring high accuracy of forecasting.
modelling, forecasting, autoregression, additive model, electric power industry, energy market.
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E. A. Lyaskovskaya, P. K. Zarjitskaya-Thierling, O. A. Dmitrina, “Forecasting tariffs for the day-ahead market based on the additive model”, Vestnik YuUrGU. Ser. Mat. Model. Progr., 13:3 (2020), 73–79
Citation in format AMSBIB
\by E.~A.~Lyaskovskaya, P.~K.~Zarjitskaya-Thierling, O.~A.~Dmitrina
\paper Forecasting tariffs for the day-ahead market based on the additive model
\jour Vestnik YuUrGU. Ser. Mat. Model. Progr.
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