Determination of models of simple regression and multivariate analysis for the forecast of the electricity price in Colombia at 2030
Artículo de revista
2018
International Journal of Energy Economics and Policy
The electricity price in Colombia responds to demographic, economic, climatic changes, among others, that generate uncertainty and therefore risks
in the electric production. Considering that the decision-making process has a great importance in the electricity market and that the participation
of generators in energy auctions is usually based on intuition and previous experience, the need to study the possible alternatives and methods that
minimize the risks before deciding some important matter can be appreciate. In this article, the estimation of the behavior of electrical energy prices in
Colombia at the year 2030 for different scenarios and there are propose the following scientific models: (1) Simple regression; (2) econometric model.
As result are obtained forecasts for each model, identifying that the econometric model has the lowest margin of error compared to the historical data
that considers the behavior of different variables for the forecast
- Artículos científicos [3156]
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Determination of models of simple regression and multivariate analysis for the forecast of the electricity price in Colombia at 2030.pdf
Título: Determination of models of simple regression and multivariate analysis for the forecast of the electricity price in Colombia at 2030.pdf
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Título: Determination of models of simple regression and multivariate analysis for the forecast of the electricity price in Colombia at 2030.pdf
Tamaño: 1.283Mb
PDFLEER EN FLIP