scholarly journals Electricity Load and Internet Traffic Forecasting Using Vector Autoregressive Models

Mathematics ◽  
2021 ◽  
Vol 9 (18) ◽  
pp. 2347
Author(s):  
Yunsun Kim ◽  
Sahm Kim

This study was conducted to investigate the applicability of measuring internet traffic as an input of short-term electricity demand forecasts. We believe our study makes a significant contribution to the literature, especially in short-term load prediction techniques, as we found that Internet traffic can be a useful variable in certain models and can increase prediction accuracy when compared to models in which it is not a variable. In addition, we found that the prediction error could be further reduced by applying a new multivariate model called VARX, which added exogenous variables to the univariate model called VAR. The VAR model showed excellent forecasting performance in the univariate model, rather than using the artificial neural network model, which had high prediction accuracy in the previous study.

Energies ◽  
2019 ◽  
Vol 12 (11) ◽  
pp. 2122 ◽  
Author(s):  
Guixiang Xue ◽  
Yu Pan ◽  
Tao Lin ◽  
Jiancai Song ◽  
Chengying Qi ◽  
...  

The smart district heating system (SDHS) is an important element of the construction of smart cities in Northern China; it plays a significant role in meeting heating requirements and green energy saving in winter. Various Internet of Things (IoT) sensors and wireless transmission technologies are applied to monitor data in real-time and to form a historical database. The accurate prediction of heating loads based on massive historical datasets is the necessary condition and key basis for formulating an optimal heating control strategy in the SDHS, which contributes to the reduction in the consumption of energy and the improvement in the energy dispatching efficiency and accuracy. In order to achieve the high prediction accuracy of SDHS and to improve the representation ability of multi-time-scale features, a novel short-term heating load prediction algorithm based on a feature fusion long short-term memory (LSTM) model (FFLSTM) is proposed. Three characteristics, namely proximity, periodicity, and trend, are found after analyzing the heating load data from the aspect of the hourly time dimension. In order to comprehensively utilize the data’s intrinsic characteristics, three LSTM models are employed to make separate predictions, and, then, the prediction results based on internal features and other external features at the corresponding moments are imported into the high-level LSTM model for fusion processing, which brings a more accurate prediction result of the heating load. Detailed comparisons between the proposed FFLSTM algorithm and the-state-of-art algorithms are conducted in this paper. The experimental results show that the proposed FFLSTM algorithm outperforms others and can obtain a higher prediction accuracy. Furthermore, the impact of selecting different parameters of the FFLSTM model is also studied thoroughly.


2018 ◽  
Vol 45 (2) ◽  
pp. 77-86 ◽  
Author(s):  
Hang Yang ◽  
Yajie Zou ◽  
Zhongyu Wang ◽  
Bing Wu

Short-term travel time prediction is an essential input to intelligent transportation systems. Timely and accurate traffic forecasting is necessary for advanced traffic management systems and advanced traveler information systems. Despite several short-term travel time prediction approaches have been proposed in the past decade, especially for hybrid models that consist of machine learning models and statistical models, few studies focus on the over-fitting problem brought by hybrid models. The over-fitting problem deteriorates the prediction accuracy especially during peak hours. This paper proposes a hybrid model that embraces wavelet neural network (WNN), Markov chain (MAR), and the volatility (VOA) model for short-term travel time prediction in a freeway system. The purpose of this paper is to provide deeper insights into underlining dynamic traffic patterns and to improve the prediction accuracy and robustness. The method takes periodical analysis, error correction, and noise extraction into consideration and improve the forecasting performance in peak hours. The proposed methodology predicts travel time by decomposing travel time data into three components: a periodic trend presented by a modified WNN, a residual part modeled by Markov chain, and the volatility part estimated by the modified generalized autoregressive conditional heteroscedasticity model. Forecasting performance is investigated with freeway travel time data from Houston, Texas and examined by three measures: mean absolute error, mean absolute percentage error, and root mean square error. The results show that the travel times predicted by the WNN-MAR-VOA method are robust and accurate. Meanwhile, the proposed method is able to capture the underlying periodic characteristics and volatility nature of travel time data.


Energies ◽  
2019 ◽  
Vol 12 (22) ◽  
pp. 4349 ◽  
Author(s):  
Tian Shi ◽  
Fei Mei ◽  
Jixiang Lu ◽  
Jinjun Lu ◽  
Yi Pan ◽  
...  

With the refinement and intelligence of power system optimal dispatching, the widespread adoption of advanced grid applications that consider the safety and economy of power systems, and the massive access of distributed energy resources, the requirement for bus load prediction accuracy is continuously increasing. Aiming at the volatility brought about by the large-scale access of new energy sources, the adaptability to different forecasting horizons and the time series characteristics of the load, this paper proposes a phase space reconstruction (PSR) and deep belief network (DBN)-based very short-term bus load prediction model. Cross-validation is also employed to optimize the structure of the DBN. The proposed PSR-DBN very short-term bus load forecasting model is verified by applying the real measured load data of a substation. The results prove that, when compared to other alternative models, the PSR-DBN model has higher prediction accuracy and better adaptability for different forecasting horizons in the case of high distributed power penetration and large fluctuation of bus load.


2013 ◽  
Vol 397-400 ◽  
pp. 1103-1106
Author(s):  
Ren Ran Wei ◽  
Zhen Zhu Wei ◽  
Hai Bo Yang ◽  
Jian Dong Jiang

In order to improve the precision of the short-term load prediction, a new method based on radial basis function (RBF) neural network is proposed. The weather data of samples includes the temperature, humidity, date, type, etc., and is quantified according the relevance to load, and then forecasting the power load using RBF neural network model in a region, Actual example shows that this method improves the convergence speed and prediction accuracy of load forecasting.


CICTP 2017 ◽  
2018 ◽  
Author(s):  
Xinchao Chen ◽  
Si Qin ◽  
Jian Zhang ◽  
Huachun Tan ◽  
Yunxia Xu ◽  
...  

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