Machine learning in energy economics and finance: A review

H Ghoddusi, GG Creamer, N Rafizadeh - Energy Economics, 2019 - Elsevier
Abstract Machine learning (ML) is generating new opportunities for innovative research in
energy economics and finance. We critically review the burgeoning literature dedicated to …

Recent advances in electricity price forecasting: A review of probabilistic forecasting

J Nowotarski, R Weron - Renewable and Sustainable Energy Reviews, 2018 - Elsevier
Since the inception of competitive power markets two decades ago, electricity price
forecasting (EPF) has gradually become a fundamental process for energy companies' …

Short-term electricity price and load forecasting in isolated power grids based on composite neural network and gravitational search optimization algorithm

A Heydari, MM Nezhad, E Pirshayan, DA Garcia… - Applied Energy, 2020 - Elsevier
Electricity price forecasting is a key aspect for market participants to maximize their
economic efficiency in deregulated markets. Nevertheless, due to its non-linearity and non …

Forecasting methods in energy planning models

KB Debnath, M Mourshed - Renewable and Sustainable Energy Reviews, 2018 - Elsevier
Energy planning models (EPMs) play an indispensable role in policy formulation and energy
sector development. The forecasting of energy demand and supply is at the heart of an EPM …

[HTML][HTML] Electricity price forecasting: A review of the state-of-the-art with a look into the future

R Weron - International journal of forecasting, 2014 - Elsevier
A variety of methods and ideas have been tried for electricity price forecasting (EPF) over the
last 15 years, with varying degrees of success. This review article aims to explain the …

Electricity price forecasting using recurrent neural networks

U Ugurlu, I Oksuz, O Tas - Energies, 2018 - mdpi.com
Accurate electricity price forecasting has become a substantial requirement since the
liberalization of the electricity markets. Due to the challenging nature of electricity prices …

Energy models for demand forecasting—A review

L Suganthi, AA Samuel - Renewable and sustainable energy reviews, 2012 - Elsevier
Energy is vital for sustainable development of any nation–be it social, economic or
environment. In the past decade energy consumption has increased exponentially globally …

Forecast the electricity price of US using a wavelet transform-based hybrid model

W Qiao, Z Yang - Energy, 2020 - Elsevier
Wavelet transform (WT), as a data preprocessing algorithm, has been widely applied in
electricity price forecasting. However, this deterministic-based algorithm does not present …

Day-ahead electricity price forecasting via the application of artificial neural network based models

IP Panapakidis, AS Dagoumas - Applied Energy, 2016 - Elsevier
Traditionally, short-term electricity price forecasting has been essential for utilities and
generation companies. However, the deregulation of electricity markets created a …

Neural network based optimization approach for energy demand prediction in smart grid

K Muralitharan, R Sakthivel, R Vishnuvarthan - Neurocomputing, 2018 - Elsevier
Energy usage and demand forecasting is an essential and complex task in real time
implementation. Proper coordination is required between the consumer and power …