2023
DOI: 10.3390/en16073184
|View full text |Cite
|
Sign up to set email alerts
|

Structure Optimization of Ensemble Learning Methods and Seasonal Decomposition Approaches to Energy Price Forecasting in Latin America: A Case Study about Mexico

Abstract: The energy price influences the interest in investment, which leads to economic development. An estimate of the future energy price can support the planning of industrial expansions and provide information to avoid times of recession. This paper evaluates adaptive boosting (AdaBoost), bootstrap aggregation (bagging), gradient boosting, histogram-based gradient boosting, and random forest ensemble learning models for forecasting energy prices in Latin America, especially in a case study about Mexico. Seasonal d… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
1
1

Citation Types

0
7
0

Year Published

2023
2023
2025
2025

Publication Types

Select...
10

Relationship

4
6

Authors

Journals

citations
Cited by 24 publications
(7 citation statements)
references
References 44 publications
0
7
0
Order By: Relevance
“…In [156], the wavelet transform was applied to improve the ability to predict faults in the electrical power system. The use of filters, such as in [157] and in [158] using seasonal trend decomposition, in [159] using wavelet transform, in [160] using Christiano-Fitzgerald random walk filter, and in [161] based on Hodrick-Prescott filter, is becoming popular since they reduce the noise and enhance the ability of the neural network to make predictions [136].…”
Section: Artificial Intelligence Applicationsmentioning
confidence: 99%
“…In [156], the wavelet transform was applied to improve the ability to predict faults in the electrical power system. The use of filters, such as in [157] and in [158] using seasonal trend decomposition, in [159] using wavelet transform, in [160] using Christiano-Fitzgerald random walk filter, and in [161] based on Hodrick-Prescott filter, is becoming popular since they reduce the noise and enhance the ability of the neural network to make predictions [136].…”
Section: Artificial Intelligence Applicationsmentioning
confidence: 99%
“…Their approach reduced the cost and improved the quality control efficiency for insulators, which is crucial for their efficient production and confident operation. Models based on the ensemble approach are promising as they usually need less computational effort compared to deep learning [ 58 ].…”
Section: Related Workmentioning
confidence: 99%
“…Another frequently used strategy is that of streams, in which various types of input are processed in different networks, the most common is the two-stream network that processes RGB video frames in one and an optical stream in the other; Hao and Zhang employed this architecture [ 29 ]. The use of artificial intelligence models is growing in line with increased processing power, making deep learning applications increasingly popular [ 30 ]; these applications include time series prediction [ 31 , 32 , 33 ] and classification, especially in computer vision [ 34 , 35 , 36 ].…”
Section: Related Workmentioning
confidence: 99%