Electricity Price Forecast Using Combined Models with Adaptive Weights Selected and Errors Calibrated by Hidden Markov Model

Table 1

Parameters of the candidate models and validation MAPE.

Model	Parameter	Value of parameter	MAPE/%
𝑀1	𝐶,𝑛𝑢,𝑒,𝑔	200,0.2,0.00002,0.004	8.32
𝑀2	𝑟	0.05	11.10
𝑀3	𝑟,𝑚,𝑝,𝑞	2,1,1,1	12.59
𝑀4	𝑟,𝑚,𝑝,𝑞	2,1,1,1	12.04
𝑀5	—	—	12.79
𝑀6	Layer dimension	[4, 4]	12.38