Abstract
|
This paper illustrates application of neural network to chaotic time series
prediction. Electricity load time series is modeled as chaotic time series and
predicted by using MLP neural network. For the sake of training NN, LM
training algorithm is used that is one of the most efficient learning
mechanisms for the prediction. The LM method trains a NN 10-100 times
faster than the gradient descent back propagation (GDBP) algorithm.
Proposed method is examined in New York electricity market with
different forecasting horizons.
|