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Accurate short-term load forecasting is essential for efficient operation of the power sector. Predicting load at a fine granularity such as individual households or buildings is challenging due to higher volatility and uncertainty in the load. In aggregate loads such as at grids level, the inherent stochasticity and fluctuations are averaged-out, the problem becomes substantially easier. We propose an approach for short-term load forecasting at individual consumers (households) level, called Forecasting using Matrix Factorization (FMF). FMF does not use any consumers demographic or activity patterns information. Therefore, it can be applied to any locality with the readily available smart meters and weather data. We perform extensive experiments on three benchmark datasets and demonstrate that FMF significantly outperforms the computationally expensive state-of-the-art methods for this problem. We achieve up to 26.5% and 24.4 % improvement in RMSE over Regression Tree and Support Vector Machine, respectively and up to 36% and 73.2% improvement in MAPE over Random Forest and Long Short-Term Memory neural network, respectively.
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Appliance-level load forecasting plays a critical role in residential energy management, besides having significant importance for ancillary services performed by the utilities. In this paper, we propose to use an LSTM-based sequence-to-sequence (seq2seq) learning model that can capture the load profiles of appliances. We use a real dataset collected fromfour residential buildings and compare our proposed schemewith three other techniques, namely VARMA, Dilated One Dimensional Convolutional Neural Network, and an LSTM model.The results show that the proposed LSTM-based seq2seq model outperforms other techniques in terms of prediction error in most cases.
We present in this paper a model for forecasting short-term power loads based on deep residual networks. The proposed model is able to integrate domain knowledge and researchers understanding of the task by virtue of different neural network building blocks. Specifically, a modified deep residual network is formulated to improve the forecast results. Further, a two-stage ensemble strategy is used to enhance the generalization capability of the proposed model. We also apply the proposed model to probabilistic load forecasting using Monte Carlo dropout. Three public datasets are used to prove the effectiveness of the proposed model. Multiple test cases and comparison with existing models show that the proposed model is able to provide accurate load forecasting results and has high generalization capability.
A machine learning algorithm is developed to forecast the CO2 emission intensities in electrical power grids in the Danish bidding zone DK2, distinguishing between average and marginal emissions. The analysis was done on data set comprised of a large number (473) of explanatory variables such as power production, demand, import, weather conditions etc. collected from selected neighboring zones. The number was reduced to less than 50 using both LASSO (a penalized linear regression analysis) and a forward feature selection algorithm. Three linear regression models that capture different aspects of the data (non-linearities and coupling of variables etc.) were created and combined into a final model using Softmax weighted average. Cross-validation is performed for debiasing and autoregressive moving average model (ARIMA) implemented to correct the residuals, making the final model the variant with exogenous inputs (ARIMAX). The forecasts with the corresponding uncertainties are given for two time horizons, below and above six hours. Marginal emissions came up independent of any conditions in the DK2 zone, suggesting that the marginal generators are located in the neighbouring zones. The developed methodology can be applied to any bidding zone in the European electricity network without requiring detailed knowledge about the zone.
Continuous Glucose Monitoring (CGM) has enabled important opportunities for diabetes management. This study explores the use of CGM data as input for digital decision support tools. We investigate how Recurrent Neural Networks (RNNs) can be used for Short Term Blood Glucose (STBG) prediction and compare the RNNs to conventional time-series forecasting using Autoregressive Integrated Moving Average (ARIMA). A prediction horizon up to 90 min into the future is considered. In this context, we evaluate both population-based and patient-specific RNNs and contrast them to patient-specific ARIMA models and a simple baseline predicting future observations as the last observed. We find that the population-based RNN model is the best performing model across the considered prediction horizons without the need of patient-specific data. This demonstrates the potential of RNNs for STBG prediction in diabetes patients towards detecting/mitigating severe events in the STBG, in particular hypoglycemic events. However, further studies are needed in regards to the robustness and practical use of the investigated STBG prediction models.
This paper presents a comparative study of six soft computing models namely multilayer perceptron networks, Elman recurrent neural network, radial basis function network, Hopfield model, fuzzy inference system and hybrid fuzzy neural network for the hourly electricity demand forecast of Czech Republic. The soft computing models were trained and tested using the actual hourly load data for seven years. A comparison of the proposed techniques is presented for predicting 2 day ahead demands for electricity. Simulation results indicate that hybrid fuzzy neural network and radial basis function networks are the best candidates for the analysis and forecasting of electricity demand.
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