scholarly journals Midterm Electricity Market Clearing Price Forecasting Using Two-Stage Multiple Support Vector Machine

2015 ◽  
Vol 2015 ◽  
pp. 1-11 ◽  
Author(s):  
Xing Yan ◽  
Nurul A. Chowdhury

Currently, there are many techniques available for short-term forecasting of the electricity market clearing price (MCP), but very little work has been done in the area of midterm forecasting of the electricity MCP. The midterm forecasting of the electricity MCP is essential for maintenance scheduling, planning, bilateral contracting, resources reallocation, and budgeting. A two-stage multiple support vector machine (SVM) based midterm forecasting model of the electricity MCP is proposed in this paper. The first stage is utilized to separate the input data into corresponding price zones by using a single SVM. Then, the second stage is applied utilizing four parallel designed SVMs to forecast the electricity price in four different price zones. Compared to the forecasting model using a single SVM, the proposed model showed improved forecasting accuracy in both peak prices and overall system. PJM interconnection data are used to test the proposed model.

2014 ◽  
Vol 24 (2) ◽  
pp. 397-404 ◽  
Author(s):  
Baozhen Yao ◽  
Ping Hu ◽  
Mingheng Zhang ◽  
Maoqing Jin

Abstract Automated Incident Detection (AID) is an important part of Advanced Traffic Management and Information Systems (ATMISs). An automated incident detection system can effectively provide information on an incident, which can help initiate the required measure to reduce the influence of the incident. To accurately detect incidents in expressways, a Support Vector Machine (SVM) is used in this paper. Since the selection of optimal parameters for the SVM can improve prediction accuracy, the tabu search algorithm is employed to optimize the SVM parameters. The proposed model is evaluated with data for two freeways in China. The results show that the tabu search algorithm can effectively provide better parameter values for the SVM, and SVM models outperform Artificial Neural Networks (ANNs) in freeway incident detection.


2018 ◽  
Vol 141 (4) ◽  
Author(s):  
Qihong Feng ◽  
Ronghao Cui ◽  
Sen Wang ◽  
Jin Zhang ◽  
Zhe Jiang

Diffusion coefficient of carbon dioxide (CO2), a significant parameter describing the mass transfer process, exerts a profound influence on the safety of CO2 storage in depleted reservoirs, saline aquifers, and marine ecosystems. However, experimental determination of diffusion coefficient in CO2-brine system is time-consuming and complex because the procedure requires sophisticated laboratory equipment and reasonable interpretation methods. To facilitate the acquisition of more accurate values, an intelligent model, termed MKSVM-GA, is developed using a hybrid technique of support vector machine (SVM), mixed kernels (MK), and genetic algorithm (GA). Confirmed by the statistical evaluation indicators, our proposed model exhibits excellent performance with high accuracy and strong robustness in a wide range of temperatures (273–473.15 K), pressures (0.1–49.3 MPa), and viscosities (0.139–1.950 mPa·s). Our results show that the proposed model is more applicable than the artificial neural network (ANN) model at this sample size, which is superior to four commonly used traditional empirical correlations. The technique presented in this study can provide a fast and precise prediction of CO2 diffusivity in brine at reservoir conditions for the engineering design and the technical risk assessment during the process of CO2 injection.


2016 ◽  
Vol 21 (1) ◽  
pp. 41-51 ◽  
Author(s):  
Alhadi Ali Albousefi ◽  
Hao Ying ◽  
Dimitar Filev ◽  
Fazal Syed ◽  
Kwaku O. Prakah-Asante ◽  
...  

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