Research Article
The Combination Forecasting of Electricity Price Based on Price Spikes Processing: A Case Study in South Australia
Table 6
Comparison of the performance of different forecasting models.
| Models | MAPE (%) | RMSE ($/MWh) | MAE ($/MWh) |
| ARIMA | 26.05 | 10.62 | 7.93 | BP | 25.32 | 9.88 | 7.73 | Kalman | 21.12 | 7.81 | 6.04 | A-B (T) | 25.19 | 9.74 | 7.72 | A-B (C) | 24.10 | 9.32 | 7.15 | B-K (T) | 21.12 | 8.07 | 6.30 | B-K (C) | 20.91 | 8.00 | 6.18 | A-K (T) | 21.12 | 8.19 | 6.32 | A-K (C) | 20.80 | 7.97 | 6.13 | A-B-K (T) | 21.12 | 8.19 | 6.32 | A-B-K (C) | 20.79 | 7.93 | 6.12 |
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