Forecasting the Spot Market Electricity Price with a Long Short-Term Memory Model Architecture in a Disruptive Economic and Geopolitical Context

Abstract In this paper, we perform a short-run Electricity Price Forecast (EPF) with a Recurrent Neural Network (RNN), namely Long Short-Term Memory (LSTM), using an algorithm that selects the variables and optimizes the hyperparameters. The results are compared with one of the standout machine lear...

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Bibliographic Details
Main Authors: Adela Bâra, Simona-Vasilica Oprea, Alexandru-Costin Băroiu
Format: Article
Language:English
Published: Springer 2023-08-01
Series:International Journal of Computational Intelligence Systems
Subjects:
Online Access:https://doi.org/10.1007/s44196-023-00309-3