Feature selection and parameter optimization with GA-LSSVM in electricity price forecasting

• Main Authors: Intan Azmira , Abdul Razak, Izham , Zainal Abidin, Keem Siah, Yap, Titik Khawa, Abdul Rahman
• Format: Article
• Language: English
• Published: Politehnica-Publishing House 2014
• Subjects: TK Electrical engineering. Electronics Nuclear engineering
• Online Access: http://eprints.utem.edu.my/id/eprint/14821/1/doc.pdf; http://eprints.utem.edu.my/id/eprint/14821/
• Institution: Universiti Teknikal Malaysia Melaka

Forecasting price has now become essential task in the operation of electrical power system. Power producers and customers use short term price forecasts to manage and plan for bidding approaches, and hence increasing the utility’s profit and energy efficiency as well. The main challenge in for...