Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism

Short-term load forecasting (STLF) plays a vital role in the reliable, secure, and efficient operation of power systems. Since electric load variation results from diverse factors, accurate and stable load forecasting remains a challenging task. To increase the forecasting accuracy and stability, in...

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Main Authors: Pan Zeng, Min Jin, Md. Fazla Elahe
Format: Article
Language:English
Published: IEEE 2020-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9212410/
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author Pan Zeng
Min Jin
Md. Fazla Elahe
author_facet Pan Zeng
Min Jin
Md. Fazla Elahe
author_sort Pan Zeng
collection DOAJ
description Short-term load forecasting (STLF) plays a vital role in the reliable, secure, and efficient operation of power systems. Since electric load variation results from diverse factors, accurate and stable load forecasting remains a challenging task. To increase the forecasting accuracy and stability, in this paper, we newly propose a short-term load forecasting method based on the cross multi-model and second decision mechanism. First, we combine horizontal and longitudinal training set selection method to construct the cross training sets, which acquire both the horizontal and longitudinal characteristics of the load variation. Second, to improve the generalization ability and extend the application scope, we construct forecasting multi-models by training multiple forecasting algorithms with cross training sets. Finally, to aggregate the forecasting outputs obtained by the forecasting multi-models, we propose a second decision mechanism based on a decision multi-model and adaptive weight allocation strategy, which overcomes the limited learning ability shortcoming of single decision models and further improves the forecasting accuracy. Case studies based on electrical load data from the state of Maine, the region of New England, Singapore, and New South Wales of Australia show that both the accuracy and the stability of the proposed method are superior to the compared models.
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spelling doaj.art-68e0ee9310044caca662adf967b37a5f2022-12-21T20:30:33ZengIEEEIEEE Access2169-35362020-01-01818406118407210.1109/ACCESS.2020.30286499212410Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision MechanismPan Zeng0https://orcid.org/0000-0002-6674-9749Min Jin1Md. Fazla Elahe2College of Computer Science and Electronics Engineering, Hunan University, Changsha, ChinaCollege of Computer Science and Electronics Engineering, Hunan University, Changsha, ChinaCollege of Computer Science and Electronics Engineering, Hunan University, Changsha, ChinaShort-term load forecasting (STLF) plays a vital role in the reliable, secure, and efficient operation of power systems. Since electric load variation results from diverse factors, accurate and stable load forecasting remains a challenging task. To increase the forecasting accuracy and stability, in this paper, we newly propose a short-term load forecasting method based on the cross multi-model and second decision mechanism. First, we combine horizontal and longitudinal training set selection method to construct the cross training sets, which acquire both the horizontal and longitudinal characteristics of the load variation. Second, to improve the generalization ability and extend the application scope, we construct forecasting multi-models by training multiple forecasting algorithms with cross training sets. Finally, to aggregate the forecasting outputs obtained by the forecasting multi-models, we propose a second decision mechanism based on a decision multi-model and adaptive weight allocation strategy, which overcomes the limited learning ability shortcoming of single decision models and further improves the forecasting accuracy. Case studies based on electrical load data from the state of Maine, the region of New England, Singapore, and New South Wales of Australia show that both the accuracy and the stability of the proposed method are superior to the compared models.https://ieeexplore.ieee.org/document/9212410/Short-term load forecastingmulti-modelcross training set, second decision mechanismmodel aggregation
spellingShingle Pan Zeng
Min Jin
Md. Fazla Elahe
Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
IEEE Access
Short-term load forecasting
multi-model
cross training set, second decision mechanism
model aggregation
title Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
title_full Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
title_fullStr Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
title_full_unstemmed Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
title_short Short-Term Power Load Forecasting Based on Cross Multi-Model and Second Decision Mechanism
title_sort short term power load forecasting based on cross multi model and second decision mechanism
topic Short-term load forecasting
multi-model
cross training set, second decision mechanism
model aggregation
url https://ieeexplore.ieee.org/document/9212410/
work_keys_str_mv AT panzeng shorttermpowerloadforecastingbasedoncrossmultimodelandseconddecisionmechanism
AT minjin shorttermpowerloadforecastingbasedoncrossmultimodelandseconddecisionmechanism
AT mdfazlaelahe shorttermpowerloadforecastingbasedoncrossmultimodelandseconddecisionmechanism