International Core Journal of Engineering 2020-26 | Page 23
2019 International Conference on Artificial Intelligence and Advanced Manufacturing (AIAM)
Settlement Data Risk Identification and Processing
of Power Market Based on Evidence Theory
Minghui Yan Kaisheng Lin
Kunming Power Exchange Center Company Limited
Kunming 650011, China
[email protected] School of Electrical Engineering
Wuhan University
Wuhan 430072, China
[email protected]
Xuejin Wang, Ruichen Wang, Weijie Li Liming Ying, Xue Cui
Kunming Power Exchange Center Company Limited
Kunming 650011, China School of Electrical Engineering
Wuhan University
Wuhan 430072, China
[email protected]
Abstract—In recent years, China's power market reform
has been continuously promoted, and reasonable settlement of
trading behavior is an important cornerstone for ensuring the
orderly development of the power market. The paper analyzes
the data risks faced in the power market settlement, and
proposes the method of using DS evidence theory to identify
the data risks in the settlement process through multi-evidence
fusion decision. The PCA and ICA construct statistics are used
as evidence sources. After multiple evidences are combined,
abnormal data is identified through reasonable decision-
making methods. In addition, based on the calculation results
of evidence theory, the paper puts forward the risk processing
method of settlement data, and proposes a reconstruction
method based on polynomial fitting and historical correlation
for the abnormal data with low reliability. The effectiveness of
the proposed method is demonstrated by an example. The
reconstruction method can obtain more accurate data and can
effectively reduce the settlement risk of the power market. Shafer evidence theory (DS) can fuse multiple evidences,
analyze the problems that need to be solved comprehensively,
and improve the accuracy of the conclusions. The theory is
also widely used in related fields of data processing. In [7],
the DS evidence theory is combined with LSSVM, and a
power system transient stability assessment method based on
data fusion is proposed. Reference [8] proposed a framework
for distributed fault detection and recognition based on DS
evidence theory. The data samples were divided into
different levels as multi-source evidence, and then evidence
fusion was performed to obtain more accurate detection
results. This paper proposes a method for identifying the data
risk of power market settlement based on DS evidence
theory. The Principal Component Analysis(PCA) and
Independent Component Analysis(ICA) are used to construct
the statistic as evidence, and the multiple evidences are
combined. The decision rules are used to obtain the more
accurate anomaly data identification results, and the
corresponding risk identification model is built. The example
is proved that the proposed method can effectively identify
the abnormal data existing in the data samples. In addition,
the paper also analyzes how to deal with the data risk of
power market settlement, introduces the concept of
reconstruction threshold, and proposes a polynomial fitting
and reconstruction method based on historical correlation.
The proposed method is verified by an example. Can get
more accurate reconstruction data.
Keywords—power market, settlement, abnormal data, data
risk processing, evidence theory
I. I NTRODUCTION
Since 2015, all over China have begun to gradually
explore the construction of power market [1], and the power
market has become a hot spot in domestic research. Power
market settlement is an important part of market-oriented
transactions and an important cornerstone for ensuring the
stable and orderly development of the power market. In the
settlement process, data anomalies or even missing cases
may occur due to various reasons. This settlement data risk is
an important part of the power market settlement research.
II. I NTRODUCTION TO DS E VIDENCE T HEORY
In the process of data risk identification, DS evidence
theory combines multiple evidences to provide decision-
making for the identification of abnormal data, which can
effectively improve risk identification’s accuracy.
It is of great practical significance to study the
identification and processing of settlement data risks to
improve the accuracy of power market settlement.
Multivariate statistical methods [2], cluster analysis methods
[3], neural network methods [4], support vector machine
methods [5] and other data-driven risk identification methods
are dealing with huge amounts of settlement data in the
power market with unique advantages.
A. Basic of DS Evidence Theory
When performing abnormal data identification, evidence
theory can integrate the same direction information in
multiple evidences [9-10]. When deciding on a specific
problem, define all possible outcomes as a recognition
framework 4 . An evidence can support one or more subsets,
the degree of support for the subset is measured by the
As a method of dealing with uncertainty [6], Dempster-
978-1-7281-4691-1/19/$31.00 ©2019 IEEE
DOI 10.1109/AIAM48774.2019.00007
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