Pareto Optimal Prediction Intervals of Electricity Price
This letter proposes a novel Pareto optimal prediction interval construction approach for electricity price combing extreme learning machine and non-dominated sorting genetic algorithm II (NSGA-II). The Pareto optimal prediction intervals are produced with respect to the formulated two objectives re...
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Published in | IEEE transactions on power systems Vol. 32; no. 1; pp. 817 - 819 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
New York
IEEE
01.01.2017
The Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Subjects | |
Online Access | Get full text |
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Summary: | This letter proposes a novel Pareto optimal prediction interval construction approach for electricity price combing extreme learning machine and non-dominated sorting genetic algorithm II (NSGA-II). The Pareto optimal prediction intervals are produced with respect to the formulated two objectives reliability and sharpness. The effectiveness of proposed approach has been verified through the numerical studies on Australia electricity market data. |
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ISSN: | 0885-8950 1558-0679 |
DOI: | 10.1109/TPWRS.2016.2550867 |