Multi-Objective Model for Fair Pricing of Electricity Using the Parameters from the Iran Electricity Market Big Data Analysis

Authors

  • F. Movahedi Sobhani Department of Industrial Engineering, Science and Research Branch, Islamic Azad University, Tehran,Iran
  • M. S. Ghazizadeh Department of Electrical Engineering, Abbaspour School of Engineering, Shahid Beheshti University, Tehran, Iran
  • M. Salami Department of Industrial Engineering, Central Tehran Branch, Islamic Azad University, Tehran, Iran
Abstract:

Assessment of the electricity market shows that, electricity market data can be considered "big data". this data has been analyzed by both conventional and modern data mining methods. The predicted variables of supply and demand are considered to be the input of a defined multi-objective for predicting electricity price, which is the result of the defined model. This shows the advantage of applying the new algorithms for big data mining.

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Journal title

volume 10  issue 4

pages  359- 374

publication date 2018-11-01

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