Table 5 Forecasting precision of proposed models
Name | ERMSE(MW) | EMAE(MW) | EMAPE(%) |
|---|---|---|---|
TP | 16.4495 | 12.0368 | 17.468 |
ARMA | 5.1308 | 3.4087 | 4.693 |
GARCH-M1 | 5.1023 | 3.3850 | 4.678 |
GARCH-M2 | 5.1183 | 3.400 | 4.684 |
GARCH-M3 | 5.1242 | 3.4066 | 4.686 |
GJR-M1 | 5.0891 | 3.3777 | 4.657 |
GJR-M2 | 5.1034 | 3.3859 | 4.656 |
GJR-M3 | 5.1087 | 3.3903 | 4.655 |
EGARCH-M1 | 5.0821 | 3.3549 | 4.632 |
EGARCH-M2 | 5.1014 | 3.3753 | 4.641 |
EGARCH-M3 | 5.1037 | 3.3823 | 4.647 |
APARCH-M1 | 5.0791 | 3.3521 | 4.630 |
APARCH-M2 | 5.1006 | 3.3741 | 4.640 |
APARCH-M3 | 5.1041 | 3.3821 | 4.646 |