Publication at Faculty of Mathematics and Physics, First Faculty of Medicine, Faculty of Social Sciences, Faculty of Physical Education and Sport |
2012
Abstract
Our paper looks for fundamental factors on the supply and demand sides which directly lead to the uncertainty of forecasting the prices on the electricity market. We tried to further develop various ideas of different authors.
On the basis of comparing papers already published and analyzing electricity load and price modeling, we conclude that there are some risks connected with the legislative framework, weather and supply side curve, which are unforeseeable if combined.