• DocumentCode
    1713302
  • Title

    Real-time electricity pricing using a neural network approach

  • Author

    Dondo, Maxwell G. ; El-Hawary, M.E.

  • Author_Institution
    Dept. of Electr. Eng., Tech. Univ. Nova Scotia, Halifax, NS, Canada
  • Volume
    1
  • fYear
    1995
  • Firstpage
    358
  • Abstract
    An approach for the determination of real-time electricity prices on-line using artificial neural networks is presented. This method considers the real-time load and automatically determines the real-time electricity rate at that particular instant for a given consumer. A feedforward backpropagation artificial neural network is trained for a particular power system network using data and results from an optimal power flow based spot pricing algorithm
  • Keywords
    backpropagation; costing; economics; feedforward neural nets; load flow; power system analysis computing; real-time systems; feedforward backpropagation ANN; neural network; optimal power flow based spot pricing algorithm; power system network; real-time electricity pricing; real-time load; Artificial neural networks; Backpropagation algorithms; Costs; Energy consumption; Load flow; Neural networks; Power generation; Power system modeling; Pricing; Reactive power;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Electrical and Computer Engineering, 1995. Canadian Conference on
  • Conference_Location
    Montreal, Que.
  • ISSN
    0840-7789
  • Print_ISBN
    0-7803-2766-7
  • Type

    conf

  • DOI
    10.1109/CCECE.1995.528149
  • Filename
    528149