Probabilistic Electricity Load Forecasting Algorithm Based on the Gradient Boosting Machine and Laplace Distribution

2021 ◽  
Vol 70 (11) ◽  
pp. 1625-1632
Author(s):  
Sejun Park ◽  
Hyunjin Kim ◽  
Duehee Lee
Energies ◽  
2020 ◽  
Vol 13 (19) ◽  
pp. 5193
Author(s):  
Nasir Ayub ◽  
Muhammad Irfan ◽  
Muhammad Awais ◽  
Usman Ali ◽  
Tariq Ali ◽  
...  

Electrical load forecasting provides knowledge about future consumption and generation of electricity. There is a high level of fluctuation behavior between energy generation and consumption. Sometimes, the energy demand of the consumer becomes higher than the energy already generated, and vice versa. Electricity load forecasting provides a monitoring framework for future energy generation, consumption, and making a balance between them. In this paper, we propose a framework, in which deep learning and supervised machine learning techniques are implemented for electricity-load forecasting. A three-step model is proposed, which includes: feature selection, extraction, and classification. The hybrid of Random Forest (RF) and Extreme Gradient Boosting (XGB) is used to calculate features’ importance. The average feature importance of hybrid techniques selects the most relevant and high importance features in the feature selection method. The Recursive Feature Elimination (RFE) method is used to eliminate the irrelevant features in the feature extraction method. The load forecasting is performed with Support Vector Machines (SVM) and a hybrid of Gated Recurrent Units (GRU) and Convolutional Neural Networks (CNN). The meta-heuristic algorithms, i.e., Grey Wolf Optimization (GWO) and Earth Worm Optimization (EWO) are applied to tune the hyper-parameters of SVM and CNN-GRU, respectively. The accuracy of our enhanced techniques CNN-GRU-EWO and SVM-GWO is 96.33% and 90.67%, respectively. Our proposed techniques CNN-GRU-EWO and SVM-GWO perform 7% and 3% better than the State-Of-The-Art (SOTA). In the end, a comparison with SOTA techniques is performed to show the improvement of the proposed techniques. This comparison showed that the proposed technique performs well and results in the lowest performance error rates and highest accuracy rates as compared to other techniques.


Author(s):  
Nguyen Xuan Tung ◽  
Nguyen Quang Dat ◽  
Tran Ngoc Thang ◽  
Vijender Kumar Solanki ◽  
Nguyen Thi Ngoc Anh

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