Classification of Day-Ahead Prices in Asia's First Liberalized Electricity Market Using PNN

被引:0
|
作者
Anbazhagan, S. [1 ]
Pravin, K. [2 ]
Kumarappan, N. [1 ]
机构
[1] Annamalai Univ, Elect Engn, Annamalainagar 608002, Tamil Nadu, India
[2] Sri Venkateswara Coll Engn, Elect Engn, Sriperumbudur, Tamil Nadu, India
关键词
classification of electricity prices; probabilistic neural network (PNN); price forecasting; uniform Singapore energy price (USEP); ARTIFICIAL NEURAL-NETWORKS; ARIMA;
D O I
暂无
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
A number of factors determined the outcome of electricity prices and exhibits a very complicated and irregular fluctuation. The accurate forecasting of various approaches is high in forecasting errors. In this work an application of probabilistic neural networks (PNN) mode is applied to national electricity market of Singapore (NEMS), i.e. Asia's first liberalized electricity market. All market participants expect electricity price classifications than the forecasting prices for making decisions. Various price thresholds are used to classify the electricity prices. The proposed PNN model results show a better and efficient performance for classification of electricity market prices.
引用
收藏
页码:176 / 179
页数:4
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