Nonlinear maximum likelihood estimation of electricity spot prices using recurrent neural networks.
Derrick Takeshi MirikitaniNikolay I. NikolaevPublished in: Neural Comput. Appl. (2011)
Keyphrases
- maximum likelihood estimation
- recurrent neural networks
- spot market
- nonlinear dynamic systems
- echo state networks
- electricity markets
- maximum likelihood
- neural model
- em algorithm
- neural network
- feed forward
- parameter estimation
- recurrent networks
- probability distribution
- reservoir computing
- garch model
- electric power
- expectation maximization
- artificial neural networks
- market prices
- power generation
- market participants
- cascade correlation
- generative model
- pricing strategies
- probabilistic model
- expected profit
- bayesian networks
- data mining