A Novel Hybrid Approach for Non-Stationary Electricity Price Forecasting

With the implementation of market-oriented electricity trading in an increasing number of countries, accurate electricity price forecasting can not only help participants in the electricity market to make more reasonable decisions but also enable regulators to have a more reliable regulatory basis. Therefore, it is necessary to propose an appropriate electricity price forecasting method. In view of the insufficiency of the traditional models in dealing with nonlinear and non-stationary data, to