Energy Technology Data Exchange (ETDEWEB)

Non-linear autoregressive Markov regime-switching models are intuitive. Time-series approaches for the modelling of electricity spot prices are frequently proposed. In this paper, such models are compared with an ordinary linear autoregressive model with regard to their forecast performances. The study is carried out using German daily spot-prices from the European Energy Exchange in Leipzig. Four non-linear models are used for the forecast study. The results of the study suggest that Markov regime-switching models provide better forecasts than linear models. (author)

International Nuclear Information System (INIS)

A study trip to a biomass gasification plant in Germany took place from 13-15 November 2000. The goal of the trip was to obtain information on German developments, experience, and possibilities in the field of biomass gasification. The participants were representatives of Dutch parties in the energy sector: waste sector, manufacturers, producers, policy makers and consultants. The most important feature was the visit to plants that were in operation. Due in particular to the new EEG (Emeuerbare-Energien-Gesetz/Renewable Energy) legislation, German policy makers have created an initial market for sustainable energy with a degree of success. The key feature is that EEG makes projects 'bankable' by guaranteeing a return delivery compensation. An EEG-type scheme designed to accelerate the development of sustainable energy could be an interesting instrument also for the Netherlands. The plan was to visit four plants and have a number of presentations in a period of three days. Preference ...