Hourly electricity price forecast for short-and long-term, using deep neural networks

Abstract

Despite the practical importance of accurate long-term electricity price forecast with high resolution - and the significant need for that - only small percentage of the tremendous papers on energy price forecast attempted to target this topic. Its reason can be the high volatility of electricity prices and the hidden – and often unpredictable – relations with its influencing factors.

Keywords

• hourly electricity price forecast
• artificial intelligence
• deep neural networks
• 68t07