A hybrid method of least square support vector machine and bacterial foraging optimization algorithm for medium term electricity price forecasting

• Main Authors: Razak I.A.W.A., Ibrahim N.N.A.N., Abidin I.Z., Siah Y.K., Abidin A.A.Z., Rahman T.K.A.
• Other Authors: 56602467500
• Format: Article
• Published: Penerbit UTHM 2023
• Institution: Universiti Tenaga Nasional

Predicting electricity price has now become an important task for planning and maintenance of power system. In medium term forecast, electricity price can be predicted for several weeks ahead up to a year or few months ahead. It is useful for resources reallocation where the market players have to m...