Probabilistic short-term power load forecasting based on B-SCN

Grid management and power dispatching rely on accurate short-term power load prediction. Different algorithms have been constantly developed and tested to improve forecast precision. However, these forecasts are constrained by a number of uncertain factors, which are caused by dynamic environment, t...

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Main Authors: Yi Ning, Ruixuan Zhao, Shoujin Wang, Baolong Yuan, Yilin Wang, Di Zheng
Format: Article
Language:English
Published: Elsevier 2022-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484722018704
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author Yi Ning
Ruixuan Zhao
Shoujin Wang
Baolong Yuan
Yilin Wang
Di Zheng
author_facet Yi Ning
Ruixuan Zhao
Shoujin Wang
Baolong Yuan
Yilin Wang
Di Zheng
author_sort Yi Ning
collection DOAJ
description Grid management and power dispatching rely on accurate short-term power load prediction. Different algorithms have been constantly developed and tested to improve forecast precision. However, these forecasts are constrained by a number of uncertain factors, which are caused by dynamic environment, the nonlinearity and stochasticity of power demand. To obtain more accurate load forecasting value and quantify the uncertainty effectively, this research proposes a boosting stochastic configuration network(B-SCN) based probabilistic forecasting method. First, correlation analysis is taken in multidimensional input parameters. Second, an adaptive B-SCN network architecture is proposed to construct the prediction model and improve the stability of model outputs significantly. The probabilistic forecasting is then used to actualize the model’s uncertainty evaluation by creating the confidence intervals using the Gaussian process. Consequently, experimental results reveal that the proposed boosting-SCN prediction model achieves superior forecasting accuracy than the single SCN model and other commonly used forecasting models. The probabilistic forecasting can efficiently obtain the uncertainties in power load data and provide support for system operation.
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spelling doaj.art-4e990f73dc484db5887b5b5febe3c0182023-01-18T04:31:37ZengElsevierEnergy Reports2352-48472022-11-018646655Probabilistic short-term power load forecasting based on B-SCNYi Ning0Ruixuan Zhao1Shoujin Wang2Baolong Yuan3Yilin Wang4Di Zheng5Shenyang jianzhu University, Shenyang 110168, China; Corresponding author.University of Chinese Academy of Sciences, Beijing, 100049, China; Institute of Software, Chinese Academy of Sciences, Beijing, 100190, ChinaShenyang jianzhu University, Shenyang 110168, ChinaShenyang jianzhu University, Shenyang 110168, ChinaThe Fourth Construction Engineering Co., Ltd., China Construction Second Engineering Bureau, Tianjin 300457, ChinaShenyang jianzhu University, Shenyang 110168, ChinaGrid management and power dispatching rely on accurate short-term power load prediction. Different algorithms have been constantly developed and tested to improve forecast precision. However, these forecasts are constrained by a number of uncertain factors, which are caused by dynamic environment, the nonlinearity and stochasticity of power demand. To obtain more accurate load forecasting value and quantify the uncertainty effectively, this research proposes a boosting stochastic configuration network(B-SCN) based probabilistic forecasting method. First, correlation analysis is taken in multidimensional input parameters. Second, an adaptive B-SCN network architecture is proposed to construct the prediction model and improve the stability of model outputs significantly. The probabilistic forecasting is then used to actualize the model’s uncertainty evaluation by creating the confidence intervals using the Gaussian process. Consequently, experimental results reveal that the proposed boosting-SCN prediction model achieves superior forecasting accuracy than the single SCN model and other commonly used forecasting models. The probabilistic forecasting can efficiently obtain the uncertainties in power load data and provide support for system operation.http://www.sciencedirect.com/science/article/pii/S2352484722018704Load forecastingStochastic configuration networkProbabilistic forecasting
spellingShingle Yi Ning
Ruixuan Zhao
Shoujin Wang
Baolong Yuan
Yilin Wang
Di Zheng
Probabilistic short-term power load forecasting based on B-SCN
Energy Reports
Load forecasting
Stochastic configuration network
Probabilistic forecasting
title Probabilistic short-term power load forecasting based on B-SCN
title_full Probabilistic short-term power load forecasting based on B-SCN
title_fullStr Probabilistic short-term power load forecasting based on B-SCN
title_full_unstemmed Probabilistic short-term power load forecasting based on B-SCN
title_short Probabilistic short-term power load forecasting based on B-SCN
title_sort probabilistic short term power load forecasting based on b scn
topic Load forecasting
Stochastic configuration network
Probabilistic forecasting
url http://www.sciencedirect.com/science/article/pii/S2352484722018704
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AT baolongyuan probabilisticshorttermpowerloadforecastingbasedonbscn
AT yilinwang probabilisticshorttermpowerloadforecastingbasedonbscn
AT dizheng probabilisticshorttermpowerloadforecastingbasedonbscn