Short-term electricity price forecasting by employing ensemble empirical mode decomposition and extreme learning machine

S Khan, S Aslam, I Mustafa, S Aslam - Forecasting, 2021 - mdpi.com
Day-ahead electricity price forecasting plays a critical role in balancing energy consumption
and generation, optimizing the decisions of electricity market participants, formulating …

An ensemble model based on machine learning methods and data preprocessing for short-term electric load forecasting

Y Lin, H Luo, D Wang, H Guo, K Zhu - Energies, 2017 - mdpi.com
The experience with deregulated electricity market has shown the increasingly important
role of short-term electric load forecasting in the energy producing and scheduling …

Electricity energy price forecasting based on hybrid multi-stage heterogeneous ensemble: Brazilian commercial and residential cases

MHDM Ribeiro, RG da Silva, C Canton… - … Joint Conference on …, 2020 - ieeexplore.ieee.org
The development of accurate models to forecast electricity energy prices is a challenge due
to the number of factors which can affect this commodity. In this paper, a hybrid multi-stage …

Multi-step ahead electricity price forecasting using a hybrid model based on two-layer decomposition technique and BP neural network optimized by firefly algorithm

D Wang, H Luo, O Grunder, Y Lin, H Guo - Applied Energy, 2017 - Elsevier
In the deregulated competitive electricity market, the price which reflects the relationship
between electricity supply and demand is one of the most important elements, making it …

Wavelet transform and Kernel-based extreme learning machine for electricity price forecasting

Y Zhang, C Li, L Li - Energy Systems, 2018 - Springer
In deregulated electricity markets, sophisticated factors, such as the weather, the season,
high frequencies, the presence of jumps and the relationship between electricity loads and …

A novel machine learning-based electricity price forecasting model based on optimal model selection strategy

W Yang, S Sun, Y Hao, S Wang - Energy, 2022 - Elsevier
Current electricity price forecasting models rely on only simple hybridizations of data
preprocessing and optimization methods while ignoring the significance of adaptive data …

Day-ahead electricity price forecasting employing a novel hybrid frame of deep learning methods: A case study in NSW, Australia

YQ Tan, YX Shen, XY Yu, X Lu - Electric Power Systems Research, 2023 - Elsevier
Day-ahead electricity price forecasting plays a vital role in electricity markets under
liberalization and deregulation, which can provide references for participants in bidding …

Electricity price forecasting based on self-adaptive decomposition and heterogeneous ensemble learning

MHDM Ribeiro, SF Stefenon, JD de Lima, A Nied… - Energies, 2020 - mdpi.com
Electricity price forecasting plays a vital role in the financial markets. This paper proposes a
self-adaptive, decomposed, heterogeneous, and ensemble learning model for short-term …

Electricity Market Price Prediction Based on Quadratic Hybrid Decomposition and THPO Algorithm

L Yan, Z Yan, Z Li, N Ma, R Li, J Qin - Energies, 2023 - mdpi.com
Electricity price forecasting is a crucial aspect of spot trading in the electricity market and
optimal scheduling of microgrids. However, the stochastic and periodic nature of electricity …

Electricity price forecasting by a hybrid model, combining wavelet transform, ARMA and kernel-based extreme learning machine methods

Z Yang, L Ce, L Lian - Applied Energy, 2017 - Elsevier
Electricity prices have rather complex features such as high volatility, high frequency,
nonlinearity, mean reversion and non-stationarity that make forecasting very difficult …