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Record W4394008336 · doi:10.1016/j.ijepes.2024.109975

ATTnet: An explainable gated recurrent unit neural network for high frequency electricity price forecasting

2024· article· en· W4394008336 on OpenAlexaff
Haolin Yang, Kristen R. Schell

Bibliographic record

VenueInternational Journal of Electrical Power & Energy Systems · 2024
Typearticle
Languageen
FieldEngineering
TopicEnergy Load and Power Forecasting
Canadian institutionsCarleton University
Fundersnot available
KeywordsElectricity price forecastingArtificial neural networkElectricityUnit (ring theory)Computer scienceElectricity priceElectricity marketEconometricsArtificial intelligenceEconomicsEngineeringElectrical engineeringMathematics

Abstract

fetched live from OpenAlex

The primary contribution of this study is the proposal of an explainable deep-learning neural network (ATTnet) that employs an attention mechanism to achieve accurate electricity spot price forecasting and an explainable model pipeline. The concise, single-stream network consists of a 5-head attention mechanism and gated recurrent units, which have been developed to model the temporal dependencies of the volatile market data. In addition to introducing a novel neural network architecture for volatile time series data, this study makes a substantial contribution by investigating prediction factors in two ways: temporally via the attention scores from the input sequences and globally via feature Shapely values. In real-time electricity price prediction, historical prices, temperature, hour, and zonal load are found to be the most important variables. The deep learning model was tested on real-time price profiles from eight generators within the New York Independent System Operator (NYISO) network. The proposed model achieves performance gains of 21% in MAE and 22% in MAPE over the state-of-the-art benchmark 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 machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation 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: none
Teacher disagreement score0.009
Threshold uncertainty score0.018

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.001
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0020.000

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 head0.021
GPT teacher head0.247
Teacher spread0.226 · 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 source (direct Gemma or distilled Codex), 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

Citations14
Published2024
Admission routes1
Has abstractyes

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