Heatmap from Scientific Research
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The correlation coefficient between LMPs in each operating region with darker colours displaying higher correlations for the day-ahead (DAH) and real-time (RTH) markets 43 . Regions that are geographically separated or on different a.c. interconnects have low price correlation (<0.5), while those that are geographically near one another have stronger correlation.
#Heatmap#Operating Region#LMP#Correlation Coefficient#Day-Ahead Market#Real-Time Market#Price Correlation
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