DocumentCode
482203
Title
Short-Term Electricity Price Forecast Based on Improved Fractal Theory
Author
Herui Cui ; Li Yang
Author_Institution
Dept. of Econ. & Manage., North China Electr. Power Universiy, Baoding
Volume
1
fYear
2009
fDate
22-24 Jan. 2009
Firstpage
347
Lastpage
351
Abstract
This paper discusses the basic principle of the fractal theory and the basic thinking of how to use it to forecast the electricity price, then builds electricity price forecasting model based on improved fractal model and solve the model on this basis. Finally, this fractal model is used to forecast the short term electricity price.
Keywords
forecasting theory; fractals; power markets; power system economics; pricing; electricity price forecasting model; fractal theory; short term electricity price; Autoregressive processes; Econometrics; Economic forecasting; Electricity supply industry; Fractals; Mathematical model; Power generation economics; Power system modeling; Predictive models; Technology forecasting; Forecast; Improved Fractal Theory; Short-Term Electricity Price;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Engineering and Technology, 2009. ICCET '09. International Conference on
Conference_Location
Singapore
Print_ISBN
978-1-4244-3334-6
Type
conf
DOI
10.1109/ICCET.2009.73
Filename
4769486
Link To Document