Forecasting day-ahead electricity prices using data mining and neural network techniques

2014 ◽  
Author(s):  
Harmanjot Singh Sandhu ◽  
Liping Fang ◽  
Ling Guan
Keyword(s):  
Neural Network ◽  
Data Mining ◽  
Electricity Prices ◽  
Using Data

scholarly journals Fraud Detection of Credit Card using Data Mining Techniques

2019 ◽  
Vol 8 (12) ◽  
pp. 4410-4413
Keyword(s):  
Neural Network ◽  
Data Mining ◽  
Genetic Algorithm ◽  
Credit Card ◽  
Hidden Markov ◽  
Fraud Detection ◽  
Network Clustering ◽  
Transaction Data ◽  
Using Data ◽  
The Look

The handling of credit card for online and systematic purchase is booming and scam associated with it. An industry of fraud detection where cumulative rise can have huge perk for banks and client. Numerous stylish techniques like data mining, genetic programming, neural network etc. are used in identify fraudulent transaction. In online transaction, Data mining acquire indispensable aspect in discovery of credit card counterfeit. This paper uses gradient boosted trees, neural network, clustering technique and genetic algorithm and hidden markov model for achieving upshot of the fraudulent transaction. These all model are emerging in identifying various credit card fraudulent detection. The indispensable aims to expose the fraudulent transaction and to corroborate test data for further use. This paper presents the look over techniques and pinpoint the top fraud cases.

The Prediction of River Water Pollution Density Based on Data Mining Technology

2010 ◽  
Vol 113-116 ◽  
pp. 1285-1288
Author(s):  
Chen Ye Wang ◽  
Bin Sheng Liu ◽  
Er Wei Qiu
Keyword(s):  
Neural Network ◽  
Water Pollution ◽  
Data Mining ◽  
Artificial Neural Network ◽  
Rough Set Theory ◽  
Mining Technology ◽  
Bp Artificial Neural Network ◽  
Three Stages ◽  
Artificial Neural ◽  
Using Data

In order to increase the prediction precision, this article proposes a forecasting model in water pollution density based on data mining technology. The model consists of three stages: first, the rough set theory and the genetic algorithm are applied to select relevant forecasting variable to the water pollution density; second, training pattern of artificial neural network which is similar to the forecast term is carried out by using data mining technology; finally the artificial neural network is used to carry on forecasting the water pollution density. The applied result shows that this model has a higher precision and surpasses gray GM (1, 1) and the pure BP artificial neural network model.

scholarly journals Day-Ahead Electricity Price And Spike Forecasting Using Machine Learning Techniques

2021 ◽  
Author(s):  
Harmanjot Singh Sandhu
Keyword(s):  
Neural Network ◽  
Machine Learning ◽  
Electricity Markets ◽  
Electricity Market ◽  
Numerical Experiments ◽  
Status Report ◽  
Electricity Prices ◽  
Forecasting Accuracy ◽  
Using Data ◽  
The Impact

Various machine learning-based methods and techniques are developed for forecasting day-ahead electricity prices and spikes in deregulated electricity markets. The wholesale electricity market in the Province of Ontario, Canada, which is one of the most volatile electricity markets in the world, is utilized as the case market to test and apply the methods developed. Factors affecting electricity prices and spikes are identified by using literature review, correlation tests, and data mining techniques. Forecasted prices can be utilized by market participants in deregulated electricity markets, including generators, consumers, and market operators. A novel methodology is developed to forecast day-ahead electricity prices and spikes. Prices are predicted by a neural network called the base model first and the forecasted prices are classified into the normal and spike prices using a threshold calculated from the previous year’s prices. The base model is trained using information from similar days and similar price days for a selected number of training days. The spike prices are re-forecasted by another neural network. Three spike forecasting neural networks are created to test the impact of input features. The overall forecasting is obtained by combining the results from the base model and a spike forecaster. Extensive numerical experiments are carried out using data from the Ontario electricity market, showing significant improvements in the forecasting accuracy in terms of various error measures. The performance of the methodology developed is further enhanced by improving the base model and one of the spike forecasters. The base model is improved by using multi-set canonical correlation analysis (MCCA), a popular technique used in data fusion, to select the optimal numbers of training days, similar days, and similar price days and by numerical experiments to determine the optimal number of neurons in the hidden layer. The spike forecaster is enhanced by having additional inputs including the predicted supply cushion, mined from information publicly available from the Ontario electricity market’s day-ahead System Status Report. The enhanced models are employed to conduct numerical experiments using data from the Ontario electricity market, which demonstrate significant improvements for forecasting accuracy.

scholarly journals Day-Ahead Electricity Price And Spike Forecasting Using Machine Learning Techniques

2021 ◽  
Author(s):  
Harmanjot Singh Sandhu
Keyword(s):  
Neural Network ◽  
Machine Learning ◽  
Electricity Markets ◽  
Electricity Market ◽  
Numerical Experiments ◽  
Status Report ◽  
Electricity Prices ◽  
Forecasting Accuracy ◽  
Using Data ◽  
The Impact

Various machine learning-based methods and techniques are developed for forecasting day-ahead electricity prices and spikes in deregulated electricity markets. The wholesale electricity market in the Province of Ontario, Canada, which is one of the most volatile electricity markets in the world, is utilized as the case market to test and apply the methods developed. Factors affecting electricity prices and spikes are identified by using literature review, correlation tests, and data mining techniques. Forecasted prices can be utilized by market participants in deregulated electricity markets, including generators, consumers, and market operators. A novel methodology is developed to forecast day-ahead electricity prices and spikes. Prices are predicted by a neural network called the base model first and the forecasted prices are classified into the normal and spike prices using a threshold calculated from the previous year’s prices. The base model is trained using information from similar days and similar price days for a selected number of training days. The spike prices are re-forecasted by another neural network. Three spike forecasting neural networks are created to test the impact of input features. The overall forecasting is obtained by combining the results from the base model and a spike forecaster. Extensive numerical experiments are carried out using data from the Ontario electricity market, showing significant improvements in the forecasting accuracy in terms of various error measures. The performance of the methodology developed is further enhanced by improving the base model and one of the spike forecasters. The base model is improved by using multi-set canonical correlation analysis (MCCA), a popular technique used in data fusion, to select the optimal numbers of training days, similar days, and similar price days and by numerical experiments to determine the optimal number of neurons in the hidden layer. The spike forecaster is enhanced by having additional inputs including the predicted supply cushion, mined from information publicly available from the Ontario electricity market’s day-ahead System Status Report. The enhanced models are employed to conduct numerical experiments using data from the Ontario electricity market, which demonstrate significant improvements for forecasting accuracy.

scholarly journals Application of intellectual data analysis methods for digital educational platform

2020 ◽  
pp. 1-5
Author(s):  
Kristina Zhatkina ◽  
Oksana Kreider
Keyword(s):  
Neural Network ◽  
Data Mining ◽  
Data Analysis ◽  
Educational Services ◽  
Data Mining Techniques ◽  
Analysis Methods ◽  
The Neural Network ◽  
Competency Based ◽  
Using Data ◽  
Data Analysis Methods

This article describes the possibility of using data mining techniques. In order to join new carpet participants, it is necessary to understand that the system of interaction with them is public educational services. To implement digital educational platforms, it is proposed to create an agent that collects information about sites, and also selects and tests the architecture of the neural network to build an individual trajectory that is trained using the competency-based model.

scholarly journals AN EVALUATION OF SWINE FLU (INFLUENZA A H3N2V) VIRUS PREDICTION USING DATA MINING AND CONVENTIONAL NEURAL NETWORK TECHNIQUES

2021 ◽  
Vol 12 (4) ◽  
pp. 1377-1386
Author(s):  
Pilla Srinivas, Et. al.
Keyword(s):  
Neural Network ◽  
Data Mining ◽  
Influenza A ◽  
Medical Patient ◽  
Swine Flu ◽  
Research Trend ◽  
Data Mining Technique ◽  
Data Mining Techniques ◽  
Healthcare Data ◽  
Using Data

Nowadays, The health care commercial enterprise collects huge amounts of healthcare data which, unfortunately, are not “mined” to discover hidden information. Data mining plays a significant role in predicting diseases. The database report of medical patient is not more efficient, currently we made an Endeavour to detect the most widely spread disease in all over the world named Swine flu. Swine flu is a respiratory disease which has Numeral number of tests must be requisite from the patient for detecting a disease. Advanced data mining techniques gives us help to remedy this situation. In this work we describes about a prototype using data mining techniques, namely Naive Bayes Classifier. The Data mining is an emerging research trend which helps in finding accurate solutions in many fields. This paper highlights the various data mining technique and Convolution Neural Network used for predicting swine flu diseases.

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