Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid

The evolution of advanced metering infrastructure (AMI) has increased the electricity consumption data in real-time manifolds. Using this massive data, the load forecasting methods have undergone numerous transformations. In this paper, short-term and mid-term load forecasting (STLF and MTLF) is pro...

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Main Authors: Sneha Rai, Mala De
Format: Article
Language:English
Published: Taylor & Francis Group 2021-10-01
Series:International Journal of Sustainable Energy
Subjects:
Online Access:http://dx.doi.org/10.1080/14786451.2021.1873339
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author Sneha Rai
Mala De
author_facet Sneha Rai
Mala De
author_sort Sneha Rai
collection DOAJ
description The evolution of advanced metering infrastructure (AMI) has increased the electricity consumption data in real-time manifolds. Using this massive data, the load forecasting methods have undergone numerous transformations. In this paper, short-term and mid-term load forecasting (STLF and MTLF) is proposed using smart-metered data acquired from a real-life distribution grid at the NIT Patna campus with different classical and machine learning methods. Data pre-processing is done to transform the raw data into an appropriate format by removing the outliers present in the datasets. The influential meteorological variables obtained by correlation analysis along with the past load are used to train the load forecasting model. The proposed support vector regression (SVR) produces the best forecasting performance for the test system with a minimum mean absolute percentage error (MAPE) and root mean square error (RMSE). The proposed method outperforms the existing approaches for STLF and MTLF by an average MAPE of 3.60.
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spelling doaj.art-e1fb1f25cf1f46b199fd6ddab77d23ba2023-09-20T10:33:47ZengTaylor & Francis GroupInternational Journal of Sustainable Energy1478-64511478-646X2021-10-0140982183910.1080/14786451.2021.18733391873339Analysis of classical and machine learning based short-term and mid-term load forecasting for smart gridSneha Rai0Mala De1National Institute of Technology PatnaNational Institute of Technology PatnaThe evolution of advanced metering infrastructure (AMI) has increased the electricity consumption data in real-time manifolds. Using this massive data, the load forecasting methods have undergone numerous transformations. In this paper, short-term and mid-term load forecasting (STLF and MTLF) is proposed using smart-metered data acquired from a real-life distribution grid at the NIT Patna campus with different classical and machine learning methods. Data pre-processing is done to transform the raw data into an appropriate format by removing the outliers present in the datasets. The influential meteorological variables obtained by correlation analysis along with the past load are used to train the load forecasting model. The proposed support vector regression (SVR) produces the best forecasting performance for the test system with a minimum mean absolute percentage error (MAPE) and root mean square error (RMSE). The proposed method outperforms the existing approaches for STLF and MTLF by an average MAPE of 3.60.http://dx.doi.org/10.1080/14786451.2021.1873339smart meteringshort-term and mid-term load forecastingmlrannoptimised holt’s methodsvr
spellingShingle Sneha Rai
Mala De
Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
International Journal of Sustainable Energy
smart metering
short-term and mid-term load forecasting
mlr
ann
optimised holt’s method
svr
title Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
title_full Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
title_fullStr Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
title_full_unstemmed Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
title_short Analysis of classical and machine learning based short-term and mid-term load forecasting for smart grid
title_sort analysis of classical and machine learning based short term and mid term load forecasting for smart grid
topic smart metering
short-term and mid-term load forecasting
mlr
ann
optimised holt’s method
svr
url http://dx.doi.org/10.1080/14786451.2021.1873339
work_keys_str_mv AT sneharai analysisofclassicalandmachinelearningbasedshorttermandmidtermloadforecastingforsmartgrid
AT malade analysisofclassicalandmachinelearningbasedshorttermandmidtermloadforecastingforsmartgrid