Short-term electricity prices forecasting using functional time series analysis

F Jan, I Shah, S Ali - Energies, 2022 - mdpi.com
In recent years, efficient modeling and forecasting of electricity prices became highly
important for all the market participants for develo** bidding strategies and making …

Electricity spot prices forecasting based on ensemble learning

N Bibi, I Shah, A Alsubie, S Ali, SA Lone - IEEE Access, 2021 - ieeexplore.ieee.org
Efficient modeling and forecasting of electricity prices are essential in today's competitive
electricity markets. However, price forecasting is not easy due to the specific features of the …

Functional Data Approach for Short‐Term Electricity Demand Forecasting

I Shah, F Jan, S Ali - Mathematical problems in engineering, 2022 - Wiley Online Library
In today's liberalized electricity markets, modeling and forecasting electricity demand data
are highly important for the effective management of the power system. However, electricity …

Modeling and forecasting electricity demand and prices: A comparison of alternative approaches

I Shah, H Iftikhar, S Ali - Journal of Mathematics, 2022 - Wiley Online Library
Electricity demand and price forecasting are key components for the market participants and
system operators as precise forecasts are necessary to manage power systems effectively …

Multiple novel decomposition techniques for time series forecasting: Application to monthly forecasting of electricity consumption in Pakistan

H Iftikhar, N Bibi, P Canas Rodrigues… - Energies, 2023 - mdpi.com
In today's modern world, monthly forecasts of electricity consumption are vital in planning the
generation and distribution of energy utilities. However, the properties of these time series …

Short-term forecasting for the electricity spot prices with extreme values treatment

I Shah, S Akbar, T Saba, S Ali, A Rehman - IEEE Access, 2021 - ieeexplore.ieee.org
Nowadays, modeling and forecasting electricity spot prices are challenging due to their
specific features, including multiple seasonalities, calendar effects, and extreme values (also …

Short-term electricity demand forecasting using components estimation technique

I Shah, H Iftikhar, S Ali, D Wang - Energies, 2019 - mdpi.com
Currently, in most countries, the electricity sector is liberalized, and electricity is traded in
deregulated electricity markets. In these markets, electricity demand is determined the day …

Forecasting one-day-ahead electricity prices for italian electricity market using parametric and nonparametric approaches

I Shah, H Bibi, S Ali, L Wang, Z Yue - IEEE Access, 2020 - ieeexplore.ieee.org
Over the last three decades, accurate modeling and forecasting of electricity prices has
become a key issue in competitive electricity markets. As electricity price series usually …

Modeling and forecasting medium-term electricity consumption using component estimation technique

I Shah, H Iftikhar, S Ali - Forecasting, 2020 - mdpi.com
The increasing shortage of electricity in Pakistan disturbs almost all sectors of its economy.
As, for accurate policy formulation, precise and efficient forecasts of electricity consumption …

Day-Ahead Electricity Demand Forecasting Using a Novel Decomposition Combination Method

H Iftikhar, JE Turpo-Chaparro, P Canas Rodrigues… - Energies, 2023 - mdpi.com
In the present liberalized energy markets, electricity demand forecasting is critical for
planning of generation capacity and required resources. An accurate and efficient electricity …