{"id":"https://openalex.org/W2990260999","doi":"https://doi.org/10.1109/isgteurope.2019.8905565","title":"Price Estimation by Random Walk Mean Reversion in Day-ahead Electricity Market","display_name":"Price Estimation by Random Walk Mean Reversion in Day-ahead Electricity Market","publication_year":2019,"publication_date":"2019-09-01","ids":{"openalex":"https://openalex.org/W2990260999","doi":"https://doi.org/10.1109/isgteurope.2019.8905565","mag":"2990260999"},"language":"en","primary_location":{"id":"doi:10.1109/isgteurope.2019.8905565","is_oa":false,"landing_page_url":"https://doi.org/10.1109/isgteurope.2019.8905565","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2019 IEEE PES Innovative Smart Grid Technologies Europe (ISGT-Europe)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5065064311","display_name":"Gokturk Poyrazoglu","orcid":"https://orcid.org/0000-0002-8503-1767"},"institutions":[{"id":"https://openalex.org/I44925452","display_name":"\u00d6zye\u011fin University","ror":"https://ror.org/01jjhfr75","country_code":"TR","type":"education","lineage":["https://openalex.org/I44925452"]}],"countries":["TR"],"is_corresponding":true,"raw_author_name":"Gokturk Poyrazoglu","raw_affiliation_strings":["Ozyegin University,Electrical & Electronics Engineering,Istanbul,Turkey","Electrical & Electronics Engineering, Ozyegin University, Istanbul, Turkey"],"affiliations":[{"raw_affiliation_string":"Ozyegin University,Electrical & Electronics Engineering,Istanbul,Turkey","institution_ids":["https://openalex.org/I44925452"]},{"raw_affiliation_string":"Electrical & Electronics Engineering, Ozyegin University, Istanbul, Turkey","institution_ids":["https://openalex.org/I44925452"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5065064311"],"corresponding_institution_ids":["https://openalex.org/I44925452"],"apc_list":null,"apc_paid":null,"fwci":0.1206,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.48739615,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"5"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11052","display_name":"Energy Load and Power Forecasting","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T11052","display_name":"Energy Load and Power Forecasting","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9674999713897705,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10688","display_name":"Image and Signal Denoising Methods","score":0.9589999914169312,"subfield":{"id":"https://openalex.org/subfields/1707","display_name":"Computer Vision and Pattern Recognition"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mean-reversion","display_name":"Mean reversion","score":0.8753122091293335},{"id":"https://openalex.org/keywords/random-walk","display_name":"Random walk","score":0.6986236572265625},{"id":"https://openalex.org/keywords/estimation","display_name":"Estimation","score":0.5911892652511597},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.48539766669273376},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.4790985882282257},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.46912622451782227},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4174540042877197},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.39254331588745117},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.22778674960136414},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.17395782470703125},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.14235129952430725},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.1174640953540802}],"concepts":[{"id":"https://openalex.org/C135205223","wikidata":"https://www.wikidata.org/wiki/Q367137","display_name":"Mean reversion","level":2,"score":0.8753122091293335},{"id":"https://openalex.org/C121194460","wikidata":"https://www.wikidata.org/wiki/Q856741","display_name":"Random walk","level":2,"score":0.6986236572265625},{"id":"https://openalex.org/C96250715","wikidata":"https://www.wikidata.org/wiki/Q965330","display_name":"Estimation","level":2,"score":0.5911892652511597},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.48539766669273376},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.4790985882282257},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.46912622451782227},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4174540042877197},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.39254331588745117},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.22778674960136414},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.17395782470703125},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.14235129952430725},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.1174640953540802},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/isgteurope.2019.8905565","is_oa":false,"landing_page_url":"https://doi.org/10.1109/isgteurope.2019.8905565","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2019 IEEE PES Innovative Smart Grid Technologies Europe (ISGT-Europe)","raw_type":"proceedings-article"},{"id":"pmh:oai:eresearch.ozyegin.edu.tr:10679/6944","is_oa":false,"landing_page_url":"http://hdl.handle.net/10679/6944","pdf_url":null,"source":{"id":"https://openalex.org/S4306400232","display_name":"ECS Journal of Solid State Science and Technology (The Electrochemical Society)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I2802273670","host_organization_name":"Electrochemical Society","host_organization_lineage":["https://openalex.org/I2802273670"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/conferenceObject"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W1979007637","https://openalex.org/W2076371332","https://openalex.org/W2099736277","https://openalex.org/W2513816627","https://openalex.org/W2887923330","https://openalex.org/W2911402592","https://openalex.org/W2965318402","https://openalex.org/W3121502281","https://openalex.org/W4229785982"],"related_works":["https://openalex.org/W3005545942","https://openalex.org/W2356680598","https://openalex.org/W2966111772","https://openalex.org/W2385067961","https://openalex.org/W2299915012","https://openalex.org/W2383586764","https://openalex.org/W4327773935","https://openalex.org/W2014767125","https://openalex.org/W2305061769","https://openalex.org/W2477218593"],"abstract_inverted_index":{"The":[0,82,113],"fluctuations":[1],"in":[2],"the":[3,11,16,32,35,41,57,60,70,73,79,85,94,126,130,133],"Day-ahead":[4,141],"electricity":[5,75,87,142],"market":[6],"(DAM)":[7],"prices":[8],"generally":[9],"follow":[10,52],"periodic":[12,80],"demand":[13],"variance.":[14],"However,":[15],"observations":[17],"of":[18,34,55,59,72,84,96,132],"historical":[19],"data":[20],"also":[21],"reveal":[22],"large":[23],"jumps":[24],"or":[25],"spikes":[26],"that":[27],"might":[28],"be":[29],"defined":[30],"as":[31,47],"randomness":[33],"price":[36,44,76,88,98,137],"formation.":[37],"In":[38],"this":[39],"study,":[40],"Turkish":[42],"DAM":[43,97],"is":[45,67,90],"treated":[46],"a":[48,53,63,100,105,109,120,140],"discrete":[49],"signal":[50,61],"to":[51,128],"methodology":[54],"utilizing":[56],"frequency-domain":[58],"and":[62],"Fourier":[64],"Transform":[65],"analysis":[66],"employed":[68],"for":[69,93,99,136,139],"separation":[71],"random":[74,86,106],"variations":[77],"from":[78,125],"ones.":[81],"volatility":[83],"variation":[89],"then":[91,117],"used":[92],"estimation":[95],"future":[101],"day":[102],"based":[103],"on":[104],"walk":[107],"with":[108,119],"mean":[110],"reversion":[111],"method.":[112],"promising":[114],"results":[115],"are":[116],"compared":[118],"multiple":[121],"linear":[122],"regression":[123],"method":[124],"literature":[127],"quantify":[129],"effectiveness":[131],"proposed":[134],"model":[135],"forecasting":[138],"market.":[143]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2020,"cited_by_count":1}],"updated_date":"2026-03-20T23:20:44.827607","created_date":"2025-10-10T00:00:00"}