Short-Term Electricity Price Forecasting Based on the Two-Layer VMD Decomposition Technique and SSA-LSTM

Short-Term Electricity Price Forecasting Based on the Two-Layer VMD Decomposition Technique and SSA-LSTM

Accurate electricity price forecasting (EPF) can provide a necessary basis for market decision making by power market participants to reduce the operating cost of the power system and ensure the system’s stable operation. To address the characteristics of high frequency, strong nonlinearity, and hig...

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Bibliographic Details
Main Authors: Fang Guo, Shangyun Deng, Weijia Zheng, An Wen, Jinfeng Du, Guangshan Huang, Ruiyang Wang
Format: Article
Language:English
Published: MDPI AG 2022-11-01
Series:Energies
Subjects:
electricity price forecasting
two-layer variational modal decomposition
sparrow search algorithm
long short-term memory networks
hybrid model
Online Access:https://www.mdpi.com/1996-1073/15/22/8445

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https://www.mdpi.com/1996-1073/15/22/8445

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