International Journal of Computer Applications |
Foundation of Computer Science (FCS), NY, USA |
Volume 9 - Number 10 |
Year of Publication: 2010 |
Authors: S. B. Warkad, Dr. M. K. Khedkar, Dr. G. M. Dhole |
10.5120/1418-1915 |
S. B. Warkad, Dr. M. K. Khedkar, Dr. G. M. Dhole . Article:AC-DC OPF based Day-Ahead Electricity Nodal Price Prediction using an ANN. International Journal of Computer Applications. 9, 10 ( November 2010), 28-34. DOI=10.5120/1418-1915
Electricity industries around the world have significantly restructured in order to improve their economic efficiency, reliability of power systems and accountability. Accurate prediction of day-ahead electricity nodal price has now become an important activity to address the system operations and price volatility in the restructured electricity market. This will facilitate the market participants to estimate the risk and have better market oriented decision making.