Support Hua Na hydro power plant in market price forecasting of Vietnam Competitive Generation Market (2015)
26-05-2021
To update and revise year ahead, month ahead and week ahead operational planning (project number 5), VietnamMW uses its Artificial Natural Network (ANN) model (Market Price Forecasting - MPF) to support Hua Na forecasting power market price, based on that, Hua Na can make its suitable strategist of operation, the tasks including:
· Data collection and validation
o Historical hour-ahead market price of Northern, Central and Southern area
o Historical ex-post market price
o Actual load of Northern, Central and Southern area
o Operation schedule of indirect market participants
o Limitation of 500kV back-bone transmission system
· Forecasting VCGM hour-ahead market price
o Analysis factors which impact on hour-ahead market price
o Search best network architecture
o Training the network
o Forecasting VCGM hour-ahead market price
· Forecasting VCGM payment (ex-post) market price
o Analysis factors which impact on ex-post market price
o Search best network architecture
o Training the network
o Forecasting VCGM ex-post market price
· Reports
