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Wind power can be defined as the power produced by using wind as resource. This has a non-negligible impact which brings a lot of appreciable perks to the power supply and generation industry. An accurate forecast about the available wind energy production for the forthcoming hours is very crucial, so that exact planning and scheduling of the power generation from conventional units can be performed...
Forecasting is an important tool that enables the decision makers to understand the current market trends and plan the system accordingly. Load and Price Forecasting are two such important tools in the electricity market that help in performing essential tasks such as unit commitment of generating capacity, resource planning, cash flow analysis for stakeholders etc. This paper presents a new ANN model...
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