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Application of a new hybrid neuro-evolutionary system for day-ahead price forecasting of electricity markets

โœ Scribed by Nima Amjady; Farshid Keynia


Book ID
108064216
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
484 KB
Volume
10
Category
Article
ISSN
1568-4946

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This paper evaluates the usefulness of publicly available electricity market information in predicting the hourly prices in the PJM day-ahead electricity market using recursive neural network (RNN) technique, which is based on similar days (SD) approach. RNN is a multi-step approach based on one out