[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 …

A survey on hyperparameters optimization algorithms of forecasting models in smart grid

R Khalid, N Javaid - Sustainable Cities and Society, 2020 - Elsevier
Forecasting in the smart grid (SG) plays a vital role in maintaining the balance between
demand and supply of electricity, efficient energy management, better planning of energy …

[HTML][HTML] 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 …

Day-ahead electricity price forecasting with high-dimensional structures: Univariate vs. multivariate modeling frameworks

F Ziel, R Weron - Energy Economics, 2018 - Elsevier
We conduct an extensive empirical study on short-term electricity price forecasting (EPF) to
address the long-standing question if the optimal model structure for EPF is univariate or …

[HTML][HTML] Electricity price and load forecasting using enhanced convolutional neural network and enhanced support vector regression in smart grids

M Zahid, F Ahmed, N Javaid, RA Abbasi… - Electronics, 2019 - mdpi.com
Short-Term Electricity Load Forecasting (STELF) through Data Analytics (DA) is an emerging
and active research area. Forecasting about electricity load and price provides future trends …

Deep belief network based electricity load forecasting: An analysis of Macedonian case

A Dedinec, S Filiposka, A Dedinec, L Kocarev - Energy, 2016 - Elsevier
A number of recent studies use deep belief networks (DBN) with a great success in various
applications such as image classification and speech recognition. In this paper, a DBN …

[HTML][HTML] A probabilistic forecast methodology for volatile electricity prices in the Australian National Electricity Market

C Cornell, NT Dinh, SA Pourmousavi - International Journal of Forecasting, 2024 - Elsevier
Abstract The South Australia region of the Australian National Electricity Market (NEM)
displays some of the highest levels of price volatility observed in modern electricity markets …

Probabilistic forecasting of electricity spot prices using Factor Quantile Regression Averaging

K Maciejowska, J Nowotarski, R Weron - International Journal of …, 2016 - Elsevier
We examine possible accuracy gains from using factor models, quantile regression and
forecast averaging to compute interval forecasts of electricity spot prices. We extend the …

Computing electricity spot price prediction intervals using quantile regression and forecast averaging

J Nowotarski, R Weron - Computational Statistics, 2015 - Springer
We examine possible accuracy gains from forecast averaging in the context of interval
forecasts of electricity spot prices. First, we test whether constructing empirical prediction …

An empirical comparison of alternative schemes for combining electricity spot price forecasts

J Nowotarski, E Raviv, S Trück, R Weron - Energy Economics, 2014 - Elsevier
In this comprehensive empirical study we critically evaluate the use of forecast averaging in
the context of electricity prices. We apply seven averaging and one selection scheme and …