Price Forecasting Using Neural Networks

Technical Source
1 min readMay 15, 2021

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Hello All,

I am working on a project for Electricity Price Forecasting of some regions in INDIA. Has anyone earlier worked in it before? Can anybody provide some assistance. What I have done till now is; I have collected last one year price data of West(India) Region and the factors that affect the price. Kindly let me know how to proceed further.

ANSWER

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For N examples of the I factors and corresponding prices [I N ] = size(input) [1 N ] = size(target) help fitnet
doc fitnet

*********************CORRECTION:

This is a time-series problem which should be apprroached via

timedelaynet (delayed input, no output feedback) or narxnet (delayed input and delayed output feedback)

To help determine which approach to use, calculate

SEE COMPLETE ANSWER CLICK THE LINK

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Technical Source
Technical Source

Written by Technical Source

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