Randomly Modulated Periodic Signals in Australias National Electricity Market
John Foster (),
Melvin Hinich and
Phillip Wild ()
The Energy Journal, 2008, vol. Volume 29, issue Number 3, 105-130
In this article, we use half hourly spot electricity prices and load data for the National Electricity Market (NEM) of Australia for the period from December 1998 to August 2007 to test for randomly modulated periodicity. In doing so, we apply signal coherence spectral analysis to the time series of half hourly spot prices and megawatt-hours (MWh) load demand from 7/12/1998 to 31/08/2007 using the FORTRAN 95 program developed by Hinich (2000). We detect relatively steady weekly and daily cycles in load demand but relatively more unstable cycles in prices.
JEL-codes: F0 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to IAEE members and subscribers.
Working Paper: Randomly Modulated Periodic Signals in Australias National Electricity Market (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aen:journl:2008v29-03-a06
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in The Energy Journal from International Association for Energy Economics Contact information at EDIRC.
Bibliographic data for series maintained by David Williams ().