Method for forecasting next-day market clearing prices based on BP neural network

	Method for forecasting next-day market clearing prices based on BP neural network
	Zhang, Ming-Guang; Li, Yan
	2009-03-01
发表期刊	Dianli Xitong Baohu yu Kongzhi/Power System Protection and Control
ISSN	16743415
卷号	37 期号:5 页码:18-21
摘要	Forecasting the market clearing price (MCP) is the most essential task and the basis for any decision-making. The paper is to use the the historical load and price to forecast the future price. The structure of the neural network is a three-layer back-propagation (BP)network. The MCP was considered as a multi-input and single-output system. Every hour in one day is divided 5 types according to input's influence, Then, it establishes model and forecasts using BP network. The historical loads and prices of 2002 in next-day America New England energy market are used for training and forecasting. Results show that the proposed method is effective.
关键词	Backpropagation Costs Decision making Forecasting Power markets Backpropagation network BP artificial neural network BP neural networks Electric power markets Market Clearing Price Market clearing prices Modeling and forecast Single-output systems
收录类别	EI
语种	中文
出版者	Power System Protection and Control Press
EI入藏号	20092812177686
EI主题词	Multilayer neural networks
EI分类号	723.4 Artificial Intelligence - 911 Cost and Value Engineering ; Industrial Economics - 912.2 Management
来源库	Compendex
分类代码	723.4 Artificial Intelligence - 911 Cost and Value Engineering; Industrial Economics - 912.2 Management
文献类型	期刊论文
条目标识符	https://ir.lut.edu.cn/handle/2XXMBERH/111615
专题	电气工程与信息工程学院经济管理学院
作者单位	College of Electrical and Information Engineering, Lanzhou University of Technology, Lanzhou 730050, China
第一作者单位	兰州理工大学
第一作者的第一单位	兰州理工大学
推荐引用方式 GB/T 7714	Zhang, Ming-Guang,Li, Yan. Method for forecasting next-day market clearing prices based on BP neural network[J]. Dianli Xitong Baohu yu Kongzhi/Power System Protection and Control,2009,37(5):18-21.
APA	Zhang, Ming-Guang,&Li, Yan.(2009).Method for forecasting next-day market clearing prices based on BP neural network.Dianli Xitong Baohu yu Kongzhi/Power System Protection and Control,37(5),18-21.
MLA	Zhang, Ming-Guang,et al."Method for forecasting next-day market clearing prices based on BP neural network".Dianli Xitong Baohu yu Kongzhi/Power System Protection and Control 37.5(2009):18-21.