Data-Driven Approach to Predict Spot Market Price in Indian Electricity

The restructuring of vertically integrated utilities has made the energy market more competitive. The power trading in a deregulated power system is reliant on an auction-based contract between market participants including generators, retailers, and wholesale traders. The electricity market is subj...

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Bibliographic Details

Published in:	2023 International Conference on Electrical, Electronics, Communication and Computers (ELEXCOM) pp. 1 - 5
Main Authors:	M. P., Subeekrishna, R. R., Lekshmi
Format:	Conference Proceeding
Language:	English
Published:	IEEE 26.08.2023
Subjects:	Adaptation models Backpropagation algorithm Data models deregulated power system electricity market electricity price forecasting Electricity supply industry Machine learning Machine learning algorithms market clearing price neural network Prediction algorithms Predictive models
Online Access:	Get full text
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