Multi-objective particle swarm optimization algorithm for multi-step electric load forecasting

As energy saving becomes more and more popular, electric load forecasting has played a more and more crucial role in power management systems in the last few years. Because of the real-time characteristic of electricity and the uncertainty change of an electric load, realizing the accuracy and stability of electric load forecasting is a challenging task. Many predecessors have obtained the expected forecasting results by various methods. Considering the stability of time series prediction, a novel combined electric load forecasting, which based on extreme learning machine (ELM), recurrent neural network (RNN), and support vector machines (SVMs), was proposed. The combined model first uses three neural networks to forecast the electric load data separately considering that the single model has inevitable disadvantages, the combined model applies the multi-objective particle swarm optimization algorithm (MOPSO) to optimize the parameters. In order to verify the capacity of the proposed combined model, 1-step, 2-step, and 3-step are used to forecast the electric load data of three Australian states, including New South Wales, Queensland, and Victoria. The experimental results intuitively indicate that for these three datasets, the combined model outperforms all three individual models used for comparison, which demonstrates its superior capability in terms of accuracy and stability

A Review of Short Term Load Forecasting using Artificial Neural Network Models

AbstractThe electrical short term load forecasting has been emerged as one of the most essential field of research for efficient and reliable operation of power system in last few decades. It plays very significant role in the field of scheduling, contingency analysis, load flow analysis, planning and maintenance of power system. This paper addresses a review on recently published research work on different variants of artificial neural network in the field of short term load forecasting. In particular, the hybrid networks which is a combination of neural network with stochastic learning techniques such as genetic algorithm(GA), particle swarm optimization (PSO) etc. which has been successfully applied for short term load forecasting (STLF) is discussed thoroughly

Forecasting Recharging Demand to Integrate Electric Vehicle Fleets in Smart Grids

Electric vehicle fleets and smart grids are two growing technologies. These technologies provided new possibilities to reduce pollution and increase energy efficiency. In this sense, electric vehicles are used as mobile loads in the power grid. A distributed charging prioritization methodology is proposed in this paper. The solution is based on the concept of virtual power plants and the usage of evolutionary computation algorithms. Additionally, the comparison of several evolutionary algorithms, genetic algorithm, genetic algorithm with evolution control, particle swarm optimization, and hybrid solution are shown in order to evaluate the proposed architecture. The proposed solution is presented to prevent the overload of the power grid

Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting

More accurate and precise energy demand forecasts are required when energy decisions are made in a competitive environment. Particularly in the Big Data era, forecasting models are always based on a complex function combination, and energy data are always complicated. Examples include seasonality, cyclicity, fluctuation, dynamic nonlinearity, and so on. These forecasting models have resulted in an over-reliance on the use of informal judgment and higher expenses when lacking the ability to determine data characteristics and patterns. The hybridization of optimization methods and superior evolutionary algorithms can provide important improvements via good parameter determinations in the optimization process, which is of great assistance to actions taken by energy decision-makers. This book aimed to attract researchers with an interest in the research areas described above. Specifically, it sought contributions to the development of any hybrid optimization methods (e.g., quadratic programming techniques, chaotic mapping, fuzzy inference theory, quantum computing, etc.) with advanced algorithms (e.g., genetic algorithms, ant colony optimization, particle swarm optimization algorithm, etc.) that have superior capabilities over the traditional optimization approaches to overcome some embedded drawbacks, and the application of these advanced hybrid approaches to significantly improve forecasting accuracy

Recent Approaches of Forecasting and Optimal Economic Dispatch to Overcome Intermittency of Wind and Photovoltaic (PV) Systems:A Review

Renewable energy sources (RESs) are the replacement of fast depleting, environment polluting, costly, and unsustainable fossil fuels. RESs themselves have various issues such as variable supply towards the load during different periods, and mostly they are available at distant locations from load centers. This paper inspects forecasting techniques, employed to predict the RESs availability during different periods and considers the dispatch mechanisms for the supply, extracted from these resources. Firstly, we analyze the application of stochastic distributions especially the Weibull distribution (WD), for forecasting both wind and PV power potential, with and without incorporating neural networks (NN). Secondly, a review of the optimal economic dispatch (OED) of RES using particle swarm optimization (PSO) is presented. The reviewed techniques will be of great significance for system operators that require to gauge and pre-plan flexibility competence for their power systems to ensure practical and economical operation under high penetration of RESs

A Review on Energy Consumption Optimization Techniques in IoT Based Smart Building Environments

In recent years, due to the unnecessary wastage of electrical energy in residential buildings, the requirement of energy optimization and user comfort has gained vital importance. In the literature, various techniques have been proposed addressing the energy optimization problem. The goal of each technique was to maintain a balance between user comfort and energy requirements such that the user can achieve the desired comfort level with the minimum amount of energy consumption. Researchers have addressed the issue with the help of different optimization algorithms and variations in the parameters to reduce energy consumption. To the best of our knowledge, this problem is not solved yet due to its challenging nature. The gap in the literature is due to the advancements in the technology and drawbacks of the optimization algorithms and the introduction of different new optimization algorithms. Further, many newly proposed optimization algorithms which have produced better accuracy on the benchmark instances but have not been applied yet for the optimization of energy consumption in smart homes. In this paper, we have carried out a detailed literature review of the techniques used for the optimization of energy consumption and scheduling in smart homes. The detailed discussion has been carried out on different factors contributing towards thermal comfort, visual comfort, and air quality comfort. We have also reviewed the fog and edge computing techniques used in smart homes