FUZZY TIME SERIES FOR ELECTRICITY PRICE FORECASTING

Autor: Volodymyr Andriiovych Popov, Petro Oleksandrovych Zamkovyi
Rok vydání: 2017
Předmět:
Zdroj: POWER ENGINEERING: economics, technique, ecology. :45-50
ISSN: 2308-7382
1813-5420
DOI: 10.20535/1813-5420.3.2017.117221
Popis: The short term price forecasting on the wholesale electricity market is a necessary daily task for Microgrid operator and the relevant departments of enterprises effective participation in the bidding. Short-term price forecasting is essential and determining for optimal dispatch of power between the dispersed generation sources and for their coordinated work with energy storage, grid and controlled load. This paper presents a brief description and the basic equations of the theory of fuzzy time series modeling and forecasting techniques. This approach provides the use of a fuzzy (including linguistic) and deterministic initial information. Experimental calculations have shown promising application of fuzzy approach to solve the forecasting problem of time series (for example, the cost of electricity), including in case of absence of some statistics or if data have errors.
Databáze: OpenAIRE