NEXT-HOUR ELECTRICITY PRICE FORECASTING USING LEAST SQUARES SUPPORT VECTOR MACHINE AND GENETIC ALGORITHM

• Main Authors: Razak I.A.W.A., Abidin I.Z., Siah Y.K., Sulaima M.F.
• Other Authors: 57913626600
• Format: Article
• Published: Penerbit UTM Press 2023

Predicting the price of electricity is crucial for the operation of power systems. Short-term electricity price forecasting deals with forecasts from an hour to a day ahead. Hourly-ahead forecasts offer expected prices to market participants before operation hours. This is especially useful for effe...