Day-ahead electricity price forecasting using the wavelet transform and ARIMA models

被引：645

作者：

Conejo, AJ ^{[1
]}

Plazas, MA

Espínola, R

Molina, AB

机构：

[1] Univ Castilla La Mancha, Dept Elect Engn, E-13071 Ciudad Real, Spain

[2] Union Fenosa Generac, Madrid, Spain

来源：

IEEE TRANSACTIONS ON POWER SYSTEMS | 2005年 / 20卷 / 02期

关键词：

ARIMA models; electricity market; price forecasting; wavelet transform;

D O I：

10.1109/TPWRS.2005.846054

中图分类号：

TM [电工技术]; TN [电子技术、通信技术];

学科分类号：

0808 ; 0809 ;

摘要：

This paper proposes a novel technique to forecast day-ahead electricity prices based on the wavelet transform and ARIEM models. The historical and usually ill-behaved price series is decomposed using the wavelet transform in a set of better-behaved constitutive series. Then, the future values of these constitutive series are forecast using properly fitted ARIMA models. In turn, the ARIMA forecasts allow, through the inverse wavelet transform, reconstructing the future behavior of the price series and therefore to forecast prices. Results from the electricity market of mainland Spain in year 2002 are reported.

引用

页码：1035 / 1042

页数：8

共 50 条

[21] Framework for collaborative intelligence in forecasting day-ahead electricity price
Beltran, Sergio
Castro, Alain
Irizar, Ion
Naveran, Gorka
Yeregui, Imanol
APPLIED ENERGY, 2022, 306
[22] Forecasting day-ahead price spikes for the Ontario electricity market
Sandhu, Harmanjot Singh
Fang, Liping
Guan, Ling
ELECTRIC POWER SYSTEMS RESEARCH, 2016, 141 : 450 - 459
[23] A New Day-Ahead Hourly Electricity Price Forecasting Framework
Ghofrani, M.
Azimi, R.
Najafabadi, F. M.
Myers, N.
2017 NORTH AMERICAN POWER SYMPOSIUM (NAPS), 2017,
[24] Day-ahead wind speed forecasting using f-ARIMA models
Kavasseri, Rajesh G.
Seetharaman, Krithika
RENEWABLE ENERGY, 2009, 34 (05) : 1388 - 1393
[25] Electricity price forecasting on the day-ahead market using artificial intelligence algorithms
Galinska, Jolanta
Terlikowski, Pawel
PRZEGLAD ELEKTROTECHNICZNY, 2024, 100 (09): : 156 - 162
[26] Day-ahead Electricity Price Forecasting Using the Relief Algorithm and Neural Networks
Amjady, Nima
Daraeepour, Ali
2008 5TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ELECTRICITY MARKET, VOLS 1 AND 2, 2008, : 674 - 680
[27] Day-ahead electricity price forecasting using WT, CLSSVM and EGARCH model
Zhang, Jinliang
Tan, Zhongfu
INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2013, 45 (01) : 362 - 368
[28] Price forecasting for day-ahead electricity market using Recursive Neural Network
Mandal, Paras
Senjyu, Tomonobu
Urasaki, Naornitsu
Yona, Atsushi
Funabashi, Toshihisa
Srivastava, Anurag K.
2007 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS 1-10, 2007, : 3097 - 3104
[29] Price forecasting of day-ahead electricity markets using a hybrid forecast method
Shafie-khah, M.
Moghaddam, M. Parsa
Sheikh-El-Eslami, M. K.
ENERGY CONVERSION AND MANAGEMENT, 2011, 52 (05) : 2165 - 2169
[30] Day-ahead Electricity Price forecasting using Wavelets and Weighted Nearest Neighborhood
Bhanu, C. V. K.
Sudheer, G.
Radhakrishna, C.
Phanikanth, V.
2008 JOINT INTERNATIONAL CONFERENCE ON POWER SYSTEM TECHNOLOGY (POWERCON) AND IEEE POWER INDIA CONFERENCE, VOLS 1 AND 2, 2008, : 422 - +

← 1 2 3 4 5 →