Data-Driven Electricity Price Risk Assessment for Spot Market

Table 3

LMP average error comparison on the IEEE 30-bus system

Method	Number of training samples	Training time (s)	Testing time (s)	(%)	(%)
M0	—	—	150.01	—	—
M1	10000	11.72	0.021	6.30	5.98
M2	10000	21.56	0.025	6.41	5.93
M3	10000	1.01	0.34	6.17	5.95
M4	200	7.48	1.38	7.53	7.11
M5	200	10.41	60.99	0	0

Bold values are used for highlighting the results of the proposed method in this paper.