TY - CHAP U1 - Konferenzveröffentlichung A1 - Medynskyi, Anton A1 - Truckenmüller, Frank A1 - Tugarinov, Petr ED - Wesselak, Viktor T1 - Electricity price forecasting at Virtual Power Plant Neckar-Alb T2 - RETCon 2021 - Tagungsband der 4 Regenerative Energietechnik Konferenz, 18-19 February 2021, Nordhausen N2 - This paper describes the analysis of day-ahead power market data from the European Power Exchange (EPEX) SPOT over a period of 17 months till October 2020 and the forecasting model for electricity prices. High volatility of the DE-LU (Germany and Luxembourg) power market in order to improve the planning of the bidding strategy and maximize benefits was reflected. Forecasting models based on the Autoregressive Integrated Moving Average (ARIMA) approach and artificial neural networks are developed to predict Day-Ahead prices up to a week ahead. Models are built for a virtual power plant Neckar-Alb and will be used as a part of an optimization tool for the operationtimetable of connected distributed energy devices Y1 - 2021 U6 - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-31100 UN - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-31100 UR - https://www.hs-nordhausen.de/fileadmin/daten/fb_ing/inret/PDFs/tagungsband_retcon21_web_aa3__1_.pdf SN - 978-3-940820-17-4 SB - 978-3-940820-17-4 SP - 171 EP - 176 S1 - 6 PB - Hochschule Nordhausen CY - Nordhausen ER -