Short-Term Electricity Price Forecast Based on Improved Fractal Theory

  • Authors:
  • Herui Cui;Li Yang

  • Affiliations:
  • -;-

  • Venue:
  • ICCET '09 Proceedings of the 2009 International Conference on Computer Engineering and Technology - Volume 01
  • Year:
  • 2009

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Abstract

This paper discusses the basic principle of the fractal theory and the basic thinking of how to use it to forecast the electricity price, then builds electricity price forecasting model based on improved fractal model and solve the model on this basis. Finally, this fractal model is used to forecast the short term electricity price.