Research Article

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

Table 5

Comparison of other metaheuristics with MFA in the aspect of MAPE, MAE, MSE, and MPE.

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Short-term wind speed time series
MAPE (%)7.21%7.35%7.08%7.53%6.92%7.83%7.16%6.62%
MAE0.7390.8810.9260.7650.5380.5590.6190.520
MSE 0.6620.6190.5380.4820.5610.7220.4910.472
MPE8.65%7.58%7.74%9.62%7.35%8.56%9.78%6.73%

Electrical load time series
MAPE (%)3.10%3.28%2.88%3.17%3.24%2.98%3.23%2.97%
MAE118.623115.228101.354128.095137.342117.908123.659103.090
MSE (104)2.9832.9912.3152.4422.1872.0992.6792.014
MPE3.42%3.76%3.29%3.66%4.01%3.59%3.87%3.33%

Electricity price time series
MAPE (%)9.87%9.63%9.42%8.81%9.28%9.10%8.90%8.75%
MAE4.2184.4423.9174.2584.9375.0184.0053.894
MSE 100.23578.096121.305100.26676.30266.67598.37657.025
MPE11.26%10.37%12.83%9.90%11.24%10.76%10.45%9.55%