Research Article

A Hybrid Forecasting Model Based on EMD-GASVM-RBFNN for Power Grid Investment Demand

Table 4

Summary of prediction methods and application literature based on decomposition algorithm.

AuthorForecasting objectForecasting modelCharacteristics

Antonio J. Conejo et al. [27]Electricity PriceWavelet-ARIMA ModelsIt can effectively identify and extract the internal features and laws of nonlinear non-stationary time series, and significantly improve the prediction accuracy of nonlinear non-stationary time series.
Z. A. Bashir and M. E. El-Hawary [28]Short-Term Load ForecastingWavelets-PSO-Based Neural Networks
Rahmat-Allah Hooshmand et al. [29]Short-term load forecastingWavelet transform and artificial neural network model
Lean Yu et al. [30]Crude oil priceEMD-based neural network model
Chun-Fu Chen et al. [5]Tourism demandEMD-based neural network model
YE Lin and LIU Peng [31]Short-term Wind Power PredictionEMD-SVM model
Ning An et al. [32]Electricity demandEMD-FNN model
L. Karthikeyan and D. Nagesh Kumar [33]Non-stationary time seriesEMD-ARMA models
W.Y. Duan et al. [34]Short-Term Wave HeightEMD-SVR model
Shouxiang Wang et al. [35]Wind SpeedEMD-GA-BP neural network
Fan, G.-F. et al. [36].Load ForecastingEMD-PSO-GA-SVR