2011 Chinese Control and Decision Conference (CCDC) 2011
DOI: 10.1109/ccdc.2011.5968490
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A novel prediction modeling scheme based on multiple information fusion for day-ahead electricity price

Abstract: On the basis of the information fusion idea, a novel multiple information fusion modeling method is proposed. Several artificial neural networks are used to fuse the information of data. And then the results of information fusion by ANNs will be fused again according to their performance. Using the novel multiple information fusion scheme, a new modeling approach is presented to establish the prediction model. The day-ahead electricity price prediction model is tested by the real data. The experiments demonstr… Show more

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Cited by 4 publications
(1 citation statement)
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“…[13] uses DNN to build visibility forecasting system for 39 terminal aerodrome forecast stations in the northwest United States and compared their methods with logistic regression and model output statistics (MOS) derived from the Aviation Model/Global Forecast System. Furthermore, in considering that visibility forecasts are largely time-series dependent, [14], [15] proposed a visibility prediction system using Long-short term memory algorithm(LSTM).Moreover, some methods using multiple models for prediction also appeared, for example, several artificial neural networks are used to fuse the information of data to build a day-ahead electricity price prediction system in [16]; Some researches are done in [17] to value the performance of seven model selection criteria based on linear regression models with unknown noise variance.…”
Section: A Numerical Prediction Of Visibilitymentioning
confidence: 99%
“…[13] uses DNN to build visibility forecasting system for 39 terminal aerodrome forecast stations in the northwest United States and compared their methods with logistic regression and model output statistics (MOS) derived from the Aviation Model/Global Forecast System. Furthermore, in considering that visibility forecasts are largely time-series dependent, [14], [15] proposed a visibility prediction system using Long-short term memory algorithm(LSTM).Moreover, some methods using multiple models for prediction also appeared, for example, several artificial neural networks are used to fuse the information of data to build a day-ahead electricity price prediction system in [16]; Some researches are done in [17] to value the performance of seven model selection criteria based on linear regression models with unknown noise variance.…”
Section: A Numerical Prediction Of Visibilitymentioning
confidence: 99%