Forecasting system imbalance volumes in competitive electricity markets

被引:41
作者
Garcia, MP [1 ]
Kirschen, DS [1 ]
机构
[1] Univ Manchester, Dept Elect Engn & Elect, Manchester M60 1QD, Lancs, England
关键词
data mining; electricity markets; multidimensional forecasting; neural networks; time series;
D O I
10.1109/TPWRS.2005.860924
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
Forecasting in power systems has been made considerably more complex by the introduction of competitive electricity markets. Furthermore, new variables need to be predicted by various market participants. This paper shows how a new methodology that combines classical and data mining techniques can be used to forecast the system imbalance volume, a key variable for the system operator in the market of England and Wales under the New Electricity Trading Arrangements (NETA).
引用
收藏
页码:240 / 248
页数:9
相关论文
共 32 条
[1]  
Alexander C, 2001, MARKET MODELS GUIDE
[2]  
[Anonymous], 2001, ANAL TIME SERIES STR, DOI DOI 10.1201/9780367801687
[3]  
[Anonymous], CRISP DM 1 0 STEP BY
[4]  
ANTUNES C, 2001, 7 ACM SIGKDD INT C K
[5]   Forecasting energy prices in a competitive market [J].
Bastian, J ;
Zhu, JX ;
Banunarayanan, V ;
Mukerji, R .
IEEE COMPUTER APPLICATIONS IN POWER, 1999, 12 (03) :40-45
[6]   Forecasting loads and prices in competitive power markets [J].
Bunn, DW .
PROCEEDINGS OF THE IEEE, 2000, 88 (02) :163-169
[7]   Data mining for financial prediction and trading: application to single and multiple markets [J].
Chun, SH ;
Kim, SH .
EXPERT SYSTEMS WITH APPLICATIONS, 2004, 26 (02) :131-139
[8]   ARIMA models to predict next-day electricity prices [J].
Contreras, J ;
Espínola, R ;
Nogales, FJ ;
Conejo, AJ .
IEEE TRANSACTIONS ON POWER SYSTEMS, 2003, 18 (03) :1014-1020
[9]   Forecasting electricity spot-prices using linear univariate time-series models [J].
Cuaresma, JC ;
Hlouskova, J ;
Kossmeier, S ;
Obersteiner, M .
APPLIED ENERGY, 2004, 77 (01) :87-106
[10]   FUZZY NEURAL NETWORKS FOR TIME-SERIES FORECASTING OF ELECTRIC-LOAD [J].
DASH, PK ;
RAMAKRISHNA, G ;
LIEW, AC ;
RAHMAN, S .
IEE PROCEEDINGS-GENERATION TRANSMISSION AND DISTRIBUTION, 1995, 142 (05) :535-544