Development of New Electricity System Marginal Price Forecasting Models Using Statistical and Artificial Intelligence Methods

The System Marginal Price (SMP) is the cost of the last unit of electricity supplied to the grid, reflecting the supply–demand equilibrium and serving as a key indicator of market conditions. Accurate SMP forecasting is essential for ensuring market stability and economic efficiency. This study addr...

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Bibliographic Details
Main Authors: Mehmet Kızıldağ, Fatih Abut, Mehmet Fatih Akay
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/14/21/10011
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