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Record W2965751469 · doi:10.1109/tii.2019.2933009

A Novel Electricity Price Forecasting Approach Based on Dimension Reduction Strategy and Rough Artificial Neural Networks

2019· article· en· W2965751469 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
fundA Canadian funder is recorded on the work.
aboutThe title or abstract carries a Canadian signal from the geographic lexicon.

Bibliographic record

VenueIEEE Transactions on Industrial Informatics · 2019
Typearticle
Languageen
FieldEngineering
TopicEnergy Load and Power Forecasting
Canadian institutionsUniversity of Waterloo
FundersNatural Sciences and Engineering Research Council of Canada
KeywordsArtificial neural networkComputer scienceArtificial intelligenceElectricityDimensionality reductionElectric power systemBenchmarkingDimension (graph theory)Benchmark (surveying)Machine learningElectricity marketField (mathematics)Data miningPower (physics)EngineeringMathematics

Abstract

fetched live from OpenAlex

An accurate electricity price forecasting (EPF) plays a vital role in the deregulated energy markets and has a specific effect on optimal management of the power system. Considering all the potent factors in determining the electricity prices-some of which have stochastic nature-makes this a cumbersome task. In this article, first, Grey correlation analysis is applied to select the effective parameters in EPF problem and eliminate redundant factors based on low correlation grades. Then, a deep neural network with stacked denoising auto-encoders has been utilized to denoise data sets from different sources individually. After that, to detect the main features of the input data and putting aside the unnecessary features, dimension reduction process is implemented. Finally, the rough structure artificial neural network (ANN) has been executed to forecast the day-ahead electricity price. The proposed method is implemented on the data of Ontario, Canada, and the forecasted results are compared with different structures of ANN, support vector machine, long short-term memory-benchmarking methods in this field-and forecasting data reported by independent electricity system operator (IESO) to evaluate the efficiency of the proposed approach. Furthermore, the results of this article indicate that the proposed method is efficient in terms of reducing error criterion and improves the forecasting error about 5-10 percent in comparison with IESO. This is a remarkable achievement in EPF field.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.617
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.050
GPT teacher head0.217
Teacher spread0.167 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it