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Record W3215404817 · doi:10.1109/access.2021.3129449

An Efficient Framework for Short-Term Electricity Price Forecasting in Deregulated Power Market

2021· article· en· W3215404817 on OpenAlexaboutno aff
Alireza Pourdaryaei, Mohammad Mohammadi, Munir Azam Muhammad, Junaid Bin Fakhrul Islam, Mazaher Karimi, A. Shahriari

Bibliographic record

VenueIEEE Access · 2021
Typearticle
Languageen
FieldEngineering
TopicEnergy Load and Power Forecasting
Canadian institutionsnot available
FundersAcademy of Finland
KeywordsElectricity marketTerm (time)ElectricityElectricity price forecastingComputer scienceIndustrial organizationEconometricsBusinessEconomicsElectrical engineeringEngineering

Abstract

fetched live from OpenAlex

It is widely acknowledged that electricity price forecasting become an essential factor in operational activities, planning, and scheduling for the participant in the price-setting market, nowadays. Nevertheless, electricity price became a complex signal due to its non-stationary, non-linearity, and time-variant behavior. Consequently, a variety of artificial intelligence techniques are proposed to provide an efficient method for short-term electricity price forecasting. BSA as the recent augmentation of optimization technique, yield the potential of searching a closed-form solution in mathematical modeling with a higher probability, obviating the necessity to comprehend the correlations between variables. Concurrently, this study also developed a feature selection technique, to select the input variables subsets that have a substantial implication on forecasting of electricity price, based on a combination of mutual information (MI) and SVM. For the verification of simulation results, actual data sets from the Ontario energy market in the year 2020 covering various weather seasons are acquired. Finally, the obtained results demonstrate the feasibility of the proposed strategy through improved preciseness in comparison with the distinctive methods.

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.

How this classification was reachedexpand

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 categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.146
Threshold uncertainty score0.929

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 integrity0.0000.000
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 head0.027
GPT teacher head0.282
Teacher spread0.255 · 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

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2021
Admission routes1
Has abstractyes

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