A Hybrid Short-Term Load Forecasting Model Based on a Multi-Trait-Driven Methodology and Secondary Decomposition

To improve the prediction accuracy of short-term load series, this paper proposes a hybrid model based on a multi-trait-driven methodology and secondary decomposition. In detail, four steps were performed sequentially, i.e., data decomposition, secondary decomposition, individual prediction, and ens...

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Bibliographic Details
Main Authors: Yixiang Ma, Lean Yu, Guoxing Zhang
Format: Article
Language:English
Published: MDPI AG 2022-08-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/16/5875
Description
Summary:To improve the prediction accuracy of short-term load series, this paper proposes a hybrid model based on a multi-trait-driven methodology and secondary decomposition. In detail, four steps were performed sequentially, i.e., data decomposition, secondary decomposition, individual prediction, and ensemble output, all of which were designed based on a multi-trait-driven methodology. In particular, the multi-period identification method and the judgment basis of secondary decomposition were designed to assist the construction of the hybrid model. In the numerical experiment, the short-term load data with 15 min intervals was collected as the research object. By analyzing the results of multi-step-ahead forecasting and the Diebold–Mariano (DM) test, the proposed hybrid model was proven to outperform all benchmark models, which can be regarded as an effective solution for short-term load forecasting.
ISSN:1996-1073