This book proposes a new optimization algorithm for solving short term load forecasting problem. Globalized Nelder Mead is used for training of Artificial Neural Networks. Nelder Mead is fast optimization algorithm with no gradient calculation. The weights of Neural Networks are tuned with the help of Nelder Mead algorithm. To find proficiency of this algorithm, Australian Energy Market Operator (AEMO) data and California data are taken for testing. Results show that proposed algorithm outclasses other techniques in literature.
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