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This document is a correction notice for an article titled "Recent Development in Electricity Price Forecasting Based on Computational Intelligence Techniques in Deregulated Power Market." The correction addresses errors in the original publication, specifically changing certain phrases. The correction also includes a revised section on the Adaptive Neuro-Fuzzy Inference System (ANFIS), explaining the differences between the Mamdani-based FIS approach and the Sugeno approach. The authors state that the scientific conclusions of the article are unaffected, and the correction has been approved by the Academic Editor. [Extracted from the article]