Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach
Main Author: | |
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Publication Date: | 2012 |
Other Authors: | , |
Format: | Article |
Language: | eng |
Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
Download full: | http://hdl.handle.net/10400.21/1878 |
Summary: | In this paper, a novel hybrid approach is proposed for electricity prices forecasting in a competitive market, considering a time horizon of 1 week. 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. (C) 2012 Elsevier Ltd. All rights reserved. |
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Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approachElectricity MarketPrice ForecastingSwarm OptimizationNeural NetworksFuzzy LogicNeural-NetworkARIMA ModelsSystemIn this paper, a novel hybrid approach is proposed for electricity prices forecasting in a competitive market, considering a time horizon of 1 week. 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. (C) 2012 Elsevier Ltd. All rights reserved.Elsevier Sci LTDRCIPLPousinho, Hugo Miguel InácioMendes, VictorCatalão, João Paulo da Silva2012-11-02T17:04:54Z2012-062012-06-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/1878eng0142-0615info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-02-12T10:04:29Zoai:repositorio.ipl.pt:10400.21/1878Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T20:04:06.877332Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
dc.title.none.fl_str_mv |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
title |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
spellingShingle |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach Pousinho, Hugo Miguel Inácio Electricity Market Price Forecasting Swarm Optimization Neural Networks Fuzzy Logic Neural-Network ARIMA Models System |
title_short |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
title_full |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
title_fullStr |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
title_full_unstemmed |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
title_sort |
Short-term electricity prices forecasting in a competitive market by a hybrid PSO-ANFIS approach |
author |
Pousinho, Hugo Miguel Inácio |
author_facet |
Pousinho, Hugo Miguel Inácio Mendes, Victor Catalão, João Paulo da Silva |
author_role |
author |
author2 |
Mendes, Victor Catalão, João Paulo da Silva |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
RCIPL |
dc.contributor.author.fl_str_mv |
Pousinho, Hugo Miguel Inácio Mendes, Victor Catalão, João Paulo da Silva |
dc.subject.por.fl_str_mv |
Electricity Market Price Forecasting Swarm Optimization Neural Networks Fuzzy Logic Neural-Network ARIMA Models System |
topic |
Electricity Market Price Forecasting Swarm Optimization Neural Networks Fuzzy Logic Neural-Network ARIMA Models System |
description |
In this paper, a novel hybrid approach is proposed for electricity prices forecasting in a competitive market, considering a time horizon of 1 week. 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. (C) 2012 Elsevier Ltd. All rights reserved. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-11-02T17:04:54Z 2012-06 2012-06-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.21/1878 |
url |
http://hdl.handle.net/10400.21/1878 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
0142-0615 |
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info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier Sci LTD |
publisher.none.fl_str_mv |
Elsevier Sci LTD |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia |
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