Research Article

A New Hybrid Model Based on Data Preprocessing and an Intelligent Optimization Algorithm for Electrical Power System Forecasting

Table 4

Comparison and contrast of E-MFA-BP proposed with other traditional time series forecasting models.

ā€‰ARARIMABPNNGMSVME-MFA-BP

Short-term wind speed time series
MAPE (%)9.83%8.25%7.38%4.82%4.03%3.86%
MAE0.7790.7820.6310.5950.3670.468
MSE 0.7340.6440.5680.4280.4220.389

Electrical load time series
MAPE (%)4.87%2.85%3.22%2.51%1.33%1.23%
MAE316.782258.966230.090101.43892.78195.919
MSE (104)3.0132.6652.8741.5931.6881.488

Electricity price time series
MAPE (%)8.62%7.33%6.37%5.36%5.02%5.56%
MAE5.0074.2833.4264.2253.1892.505
MSE 139.428100.69058.25989.51737.62111.788