International Journal of
Physical Sciences

  • Abbreviation: Int. J. Phys. Sci.
  • Language: English
  • ISSN: 1992-1950
  • DOI: 10.5897/IJPS
  • Start Year: 2006
  • Published Articles: 2578

Full Length Research Paper

Comparison of time series methods and neural network in energy cost forecasting

Mehrdad Ahmadi Kamarposhti
Department of Electrical Engineering, Islamic Azad University, Jouybar Branch, Jouybar, Iran.
Email: [email protected]

  •  Accepted: 06 June 2010
  •  Published: 18 March 2011

Abstract

 

Different method sets for energy cost, based on neural networks and composition networks, were used for several kinds of time series models and methods based on intelligence system. In this paper, performance and result of several kinds of time series models in energy in synchronic energy markets, were first studied; then in continuance, was used for forecasting and in Spain and California during one week.

 

Key words: Energy cost, cost forecasting, time series, neural network.