Hybrid Wavelet-PSO-ANFIS Approach for Short-Term Electricity Prices Forecasting

• Type: Article in International Scientific Journal
• Date: 2011

Authors

Catalao, JPS (Author) Other; Pousinho, HMI (Author) Other; Mendes, VMF (Author) Other

Journal

Title: IEEE Transactions on Power Systems

Vol. 26 No. 2

Pages: 137-144

ISSN: 0885-8950

Publisher: IEEE

Indexing

ISI Web of Knowledge - 193 Citations

Scopus - 227 Citations

Other information

Authenticus ID: P-002-VC2

DOI: 10.1109/tpwrs.2010.2049385

Abstract (EN): A novel hybrid approach, combining wavelet transform, particle swarm optimization, and adaptive-network-based fuzzy inference system, is proposed in this paper for short-term electricity prices forecasting in a competitive market. Results from a case study based on the electricity market of mainland Spain are presented. A thorough comparison is carried out, taking into account the results of previous publications. Finally, conclusions are duly drawn.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 8