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Short-term electricity prices forecasting in a competitive market by a hybrid PSO–ANFIS approach
- Source :
-
International Journal of Electrical Power & Energy Systems . Jul2012, Vol. 39 Issue 1, p29-35. 7p. - Publication Year :
- 2012
-
Abstract
- Abstract: In this paper, a novel hybrid approach is proposed for electricity prices forecasting in a competitive market, considering a time horizon of 1week. The proposed approach is based on the combination of particle swarm optimization and adaptive-network based fuzzy inference system. Results from a case study based on the electricity market of mainland Spain are presented. A thorough comparison is carried out, taking into account the results of previous publications, to demonstrate its effectiveness regarding forecasting accuracy and computation time. Finally, conclusions are duly drawn. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 01420615
- Volume :
- 39
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- International Journal of Electrical Power & Energy Systems
- Publication Type :
- Academic Journal
- Accession number :
- 73767588
- Full Text :
- https://doi.org/10.1016/j.ijepes.2012.01.001