Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms

The forecast of electricity demand has been a recurrent research topic for decades, due to its economical and strategic relevance. Several Machine Learning (ML) techniques have evolved in parallel with the complexity of the electric grid. This paper reviews a wide selection of approaches that have u...

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Main Authors: Antón Román-Portabales, Martín López-Nores, José Juan Pazos-Arias
Format: Article
Language:English
Published: MDPI AG 2021-07-01
Series:Sensors
Subjects:
Online Access:https://www.mdpi.com/1424-8220/21/13/4544
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author Antón Román-Portabales
Martín López-Nores
José Juan Pazos-Arias
author_facet Antón Román-Portabales
Martín López-Nores
José Juan Pazos-Arias
author_sort Antón Román-Portabales
collection DOAJ
description The forecast of electricity demand has been a recurrent research topic for decades, due to its economical and strategic relevance. Several Machine Learning (ML) techniques have evolved in parallel with the complexity of the electric grid. This paper reviews a wide selection of approaches that have used Artificial Neural Networks (ANN) to forecast electricity demand, aiming to help newcomers and experienced researchers to appraise the common practices and to detect areas where there is room for improvement in the face of the current widespread deployment of smart meters and sensors, which yields an unprecedented amount of data to work with. The review looks at the specific problems tackled by each one of the selected papers, the results attained by their algorithms, and the strategies followed to validate and compare the results. This way, it is possible to highlight some peculiarities and algorithm configurations that seem to consistently outperform others in specific settings.
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spelling doaj.art-dc0e4505e403416fb2ddf8eb3caebc802023-11-22T02:50:52ZengMDPI AGSensors1424-82202021-07-012113454410.3390/s21134544Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning AlgorithmsAntón Román-Portabales0Martín López-Nores1José Juan Pazos-Arias2Quobis, 36380 O Porriño, SpainatlanTTic, Universidade de Vigo, 36310 Vigo, SpainatlanTTic, Universidade de Vigo, 36310 Vigo, SpainThe forecast of electricity demand has been a recurrent research topic for decades, due to its economical and strategic relevance. Several Machine Learning (ML) techniques have evolved in parallel with the complexity of the electric grid. This paper reviews a wide selection of approaches that have used Artificial Neural Networks (ANN) to forecast electricity demand, aiming to help newcomers and experienced researchers to appraise the common practices and to detect areas where there is room for improvement in the face of the current widespread deployment of smart meters and sensors, which yields an unprecedented amount of data to work with. The review looks at the specific problems tackled by each one of the selected papers, the results attained by their algorithms, and the strategies followed to validate and compare the results. This way, it is possible to highlight some peculiarities and algorithm configurations that seem to consistently outperform others in specific settings.https://www.mdpi.com/1424-8220/21/13/4544electricity demand forecastmachine learningartificial neural networkssystematic review
spellingShingle Antón Román-Portabales
Martín López-Nores
José Juan Pazos-Arias
Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
Sensors
electricity demand forecast
machine learning
artificial neural networks
systematic review
title Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
title_full Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
title_fullStr Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
title_full_unstemmed Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
title_short Systematic Review of Electricity Demand Forecast Using ANN-Based Machine Learning Algorithms
title_sort systematic review of electricity demand forecast using ann based machine learning algorithms
topic electricity demand forecast
machine learning
artificial neural networks
systematic review
url https://www.mdpi.com/1424-8220/21/13/4544
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