Forecasting electricity price in Colombia: A comparison between Neural Network, ARMA process and Hybrid Models

<p>This study aims to predict electricity prices in the Colombian electricity market. To achieve this goal, conventional time series econometrics analysis and one alternative technique based on artificial intelligence algorithms have been implemented. We use autoregressive-moving-average model...

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Bibliographic Details
Main Authors: Jorge Barrientos Marin, Elkin Tabares Orozco, Esteban Velilla
Format: Article
Language:English
Published: EconJournals 2018-05-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/6181