Electricity Market Price Forecasting Based on Weighted Nearest Neighbors Techniques
This paper presents a simple technique to forecast next-day electricity market prices based on the weighted nearest neighbors methodology. First, it is explained how the relevant parameters defining the adopted model are obtained. Such parameters have to do with the window length of the time series...
| Autores: | , , , , |
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| Formato: | artículo |
| Estado: | Versión enviada para evaluación y publicación |
| Fecha de publicación: | 2007 |
| País: | España |
| Recursos: | Universidad de Sevilla (US) |
| Repositorio: | idUS. Depósito de Investigación de la Universidad de Sevilla |
| OAI Identifier: | oai:idus.us.es:11441/96562 |
| Acesso em linha: | https://hdl.handle.net/11441/96562 https://doi.org/10.1109/TPWRS.2007.901670 |
| Access Level: | acceso abierto |
| Palavra-chave: | Electricity Market Price Weighted Nearest Neighbors Techniques |
| Resumo: | This paper presents a simple technique to forecast next-day electricity market prices based on the weighted nearest neighbors methodology. First, it is explained how the relevant parameters defining the adopted model are obtained. Such parameters have to do with the window length of the time series and with the number of neighbors chosen for the prediction. Then, results corresponding to the Spanish electricity market during 2002 are presented and discussed. Finally, the performance of the proposed method is compared with that of recently published techniques. |
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