A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder

Accurate electricity consumption forecasting can be treated as a reliable guidance for power production. However, traditional electricity forecasting models suffer from simultaneously capturing the periodicity and the volatility of sequential electricity consumption data, while the periodicity and t...

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Main Authors: Kaihong Zheng, Peng Li, Shangli Zhou, Wenhan Zhang, Sheng Li, Lukun Zeng, Yingnan Zhang
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9398679/
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author Kaihong Zheng
Peng Li
Shangli Zhou
Wenhan Zhang
Sheng Li
Lukun Zeng
Yingnan Zhang
author_facet Kaihong Zheng
Peng Li
Shangli Zhou
Wenhan Zhang
Sheng Li
Lukun Zeng
Yingnan Zhang
author_sort Kaihong Zheng
collection DOAJ
description Accurate electricity consumption forecasting can be treated as a reliable guidance for power production. However, traditional electricity forecasting models suffer from simultaneously capturing the periodicity and the volatility of sequential electricity consumption data, while the periodicity and the volatility are important for electricity forecasting. In order to effectively model this sequential data and predict electricity consumption accurately, we propose a multi-scale prediction (Long Short Term Memory, LSTM) algorithm based on Time-Frequency Variational Autoencoder (TFVAE-LSTM). The proposed algorithm treats the sequential data as a superposition of data in different frequencies, it defines an encoder in frequency domain to extract frequency features to model the periodicity and volatility, and defines a decoder in time domain to capture the sequential features of data. Based on the extracted Time-Frequency features in a TFVAE, a multi-scale LSTM model is defined to further extract sequential features from different scales to predict electricity consumption. Experiments show the effectiveness of the proposed TFVAE-LSTM for electricity consumption forecasting tasks.
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spelling doaj.art-7f7a7cfadb634292a4e6ed47aa5564532022-12-21T22:50:48ZengIEEEIEEE Access2169-35362021-01-019909379094610.1109/ACCESS.2021.30714529398679A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational AutoencoderKaihong Zheng0https://orcid.org/0000-0001-6291-0198Peng Li1Shangli Zhou2Wenhan Zhang3Sheng Li4Lukun Zeng5Yingnan Zhang6China Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaChina Southern Power Grid, Digital Grid Research Institute, Guangzhou, ChinaAccurate electricity consumption forecasting can be treated as a reliable guidance for power production. However, traditional electricity forecasting models suffer from simultaneously capturing the periodicity and the volatility of sequential electricity consumption data, while the periodicity and the volatility are important for electricity forecasting. In order to effectively model this sequential data and predict electricity consumption accurately, we propose a multi-scale prediction (Long Short Term Memory, LSTM) algorithm based on Time-Frequency Variational Autoencoder (TFVAE-LSTM). The proposed algorithm treats the sequential data as a superposition of data in different frequencies, it defines an encoder in frequency domain to extract frequency features to model the periodicity and volatility, and defines a decoder in time domain to capture the sequential features of data. Based on the extracted Time-Frequency features in a TFVAE, a multi-scale LSTM model is defined to further extract sequential features from different scales to predict electricity consumption. Experiments show the effectiveness of the proposed TFVAE-LSTM for electricity consumption forecasting tasks.https://ieeexplore.ieee.org/document/9398679/Time-frequency variational autoencoderelectricity consumption forecastingneural network
spellingShingle Kaihong Zheng
Peng Li
Shangli Zhou
Wenhan Zhang
Sheng Li
Lukun Zeng
Yingnan Zhang
A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
IEEE Access
Time-frequency variational autoencoder
electricity consumption forecasting
neural network
title A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
title_full A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
title_fullStr A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
title_full_unstemmed A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
title_short A Multi-Scale Electricity Consumption Prediction Algorithm Based on Time-Frequency Variational Autoencoder
title_sort multi scale electricity consumption prediction algorithm based on time frequency variational autoencoder
topic Time-frequency variational autoencoder
electricity consumption forecasting
neural network
url https://ieeexplore.ieee.org/document/9398679/
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