Observatorio de I+D+i UPM

Memorias de investigación
Communications at congresses:
Manual Frequency Restoration Reserve in Spain: Analysis and Forecasting
Year:2018
Research Areas
  • Economic management of the electric energy systems
Information
Abstract
This paper firstly presents a preliminary statistical analysis of the uncertain variables involved in the market for the provision of the manual frequency restoration reserves, also called the tertiary regulation service, of the Spanish electric power system. The statistical analysis is based on calculating the well- known Pearson?s correlation coefficient for 41 candidates of explanatory variables. Secondly, several forecasting models are proposed and compared. Results of this paper show low correlations for the upward and downward tertiary regulation energy, and high correlations between three explanatory variables and the upward and downward tertiary regulation prices. The proposed SARIMA models for the tertiary regulation energy seems to prove that they have a positive impact in comparison to naive forecasting models whereas, for the tertiary regulation prices, the former seem to suffer to enhance naive forecasting models
International
Si
Congress
15th International Conference on the European Energy Market
960
Place
Reviewers
Si
ISBN/ISSN
978-1-5386-1488-4
Start Date
27/06/2018
End Date
29/06/2018
From page
1
To page
6
Proceedings of the 15th International Conference on the European Energy Market
Participants
  • Autor: Manuel Joaquin Chazarra Jover (UPM)
  • Autor: Rodrigo Portillo
  • Autor: Juan Ignacio Perez Diaz (UPM)
  • Autor: Araceli Hernandez Bayo (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Hidroinformática y Gestión del Agua
  • Departamento: Automática, Ingeniería Eléctrica y Electrónica e Informática Industrial
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