A comparative assessment of SARIMA, LSTM RNN and Fb Prophet models to forecast total and peak monthly energy demand for India

Selecting a suitable energy demand forecasting method is challenging due to the complex interplay of long-term trends, short-term seasonalities, and uncertainties. This paper compares four time-series models performance to predict total and peak monthly energy demand in India. Indian's Central Energy Authority's (CEA) existing trend-based model is used as a baseline against (i) Seasonal Auto-Regressive Integrated Moving Average (SARIMA), (ii) Long Short Term Memory Recurrent Neural Network (LSTM RNN) and (iii) Facebook (Fb) Prophet models. Using 108 months of training data to predict 24 months of unseen data, the CEA model performs well in predicting monthly total energy demand with low root-mean square error (RMSE 4.23 GWh) and mean absolute percentage error (MAPE, 3.4%), but significantly under predicts monthly peak energy demand (RMSE 13.31 GW, MAPE 7.2%). In contrast, Fb Prophet performs well for monthly total (RMSE 4.23 GWh, MAPE 3.3%) and peak demand (RMSE 6.51 GW, MAPE 3.01%). SARIMA and LSTM RNN have higher prediction errors than CEA and Fb Prophet. Thus, Fb Prophet is selected to develop future energy forecasts from 2019 to 2024, suggesting that India's annual total and peak energy demand will likely increase at an annual growth rate of 3.9% and 4.5%, respectively.</p

A comparative assessment of SARIMA, LSTM RNN and Fb Prophet models to forecast total and peak monthly energy demand for India

Selecting a suitable energy demand forecasting method is challenging due to the complex interplay of long-term trends, short-term seasonalities, and uncertainties. This paper compares four time-series models performance to predict total and peak monthly energy demand in India. Indian's Central Energy Authority's (CEA) existing trend-based model is used as a baseline against (i) Seasonal Auto-Regressive Integrated Moving Average (SARIMA), (ii) Long Short Term Memory Recurrent Neural Network (LSTM RNN) and (iii) Facebook (Fb) Prophet models. Using 108 months of training data to predict 24 months of unseen data, the CEA model performs well in predicting monthly total energy demand with low root-mean square error (RMSE 4.23 GWh) and mean absolute percentage error (MAPE, 3.4%), but significantly under predicts monthly peak energy demand (RMSE 13.31 GW, MAPE 7.2%). In contrast, Fb Prophet performs well for monthly total (RMSE 4.23 GWh, MAPE 3.3%) and peak demand (RMSE 6.51 GW, MAPE 3.01%). SARIMA and LSTM RNN have higher prediction errors than CEA and Fb Prophet. Thus, Fb Prophet is selected to develop future energy forecasts from 2019 to 2024, suggesting that India's annual total and peak energy demand will likely increase at an annual growth rate of 3.9% and 4.5%, respectively.</p

The Technological Emergence of AutoML: A Survey of Performant Software and Applications in the Context of Industry

With most technical fields, there exists a delay between fundamental academic research and practical industrial uptake. Whilst some sciences have robust and well-established processes for commercialisation, such as the pharmaceutical practice of regimented drug trials, other fields face transitory periods in which fundamental academic advancements diffuse gradually into the space of commerce and industry. For the still relatively young field of Automated/Autonomous Machine Learning (AutoML/AutonoML), that transitory period is under way, spurred on by a burgeoning interest from broader society. Yet, to date, little research has been undertaken to assess the current state of this dissemination and its uptake. Thus, this review makes two primary contributions to knowledge around this topic. Firstly, it provides the most up-to-date and comprehensive survey of existing AutoML tools, both open-source and commercial. Secondly, it motivates and outlines a framework for assessing whether an AutoML solution designed for real-world application is 'performant'; this framework extends beyond the limitations of typical academic criteria, considering a variety of stakeholder needs and the human-computer interactions required to service them. Thus, additionally supported by an extensive assessment and comparison of academic and commercial case-studies, this review evaluates mainstream engagement with AutoML in the early 2020s, identifying obstacles and opportunities for accelerating future uptake

13th International Conference on Modeling, Optimization and Simulation - MOSIM 2020

Comité d’organisation: Université Internationale d’Agadir – Agadir (Maroc) Laboratoire Conception Fabrication Commande – Metz (France)Session RS-1 “Simulation et Optimisation” / “Simulation and Optimization” Session RS-2 “Planification des Besoins Matières Pilotée par la Demande” / ”Demand-Driven Material Requirements Planning” Session RS-3 “Ingénierie de Systèmes Basées sur les Modèles” / “Model-Based System Engineering” Session RS-4 “Recherche Opérationnelle en Gestion de Production” / "Operations Research in Production Management" Session RS-5 "Planification des Matières et des Ressources / Planification de la Production” / “Material and Resource Planning / Production Planning" Session RS-6 “Maintenance Industrielle” / “Industrial Maintenance” Session RS-7 "Etudes de Cas Industriels” / “Industrial Case Studies" Session RS-8 "Données de Masse / Analyse de Données” / “Big Data / Data Analytics" Session RS-9 "Gestion des Systèmes de Transport” / “Transportation System Management" Session RS-10 "Economie Circulaire / Développement Durable" / "Circular Economie / Sustainable Development" Session RS-11 "Conception et Gestion des Chaînes Logistiques” / “Supply Chain Design and Management" Session SP-1 “Intelligence Artificielle & Analyse de Données pour la Production 4.0” / “Artificial Intelligence & Data Analytics in Manufacturing 4.0” Session SP-2 “Gestion des Risques en Logistique” / “Risk Management in Logistics” Session SP-3 “Gestion des Risques et Evaluation de Performance” / “Risk Management and Performance Assessment” Session SP-4 "Indicateurs Clés de Performance 4.0 et Dynamique de Prise de Décision” / ”4.0 Key Performance Indicators and Decision-Making Dynamics" Session SP-5 "Logistique Maritime” / “Marine Logistics" Session SP-6 “Territoire et Logistique : Un Système Complexe” / “Territory and Logistics: A Complex System” Session SP-7 "Nouvelles Avancées et Applications de la Logique Floue en Production Durable et en Logistique” / “Recent Advances and Fuzzy-Logic Applications in Sustainable Manufacturing and Logistics" Session SP-8 “Gestion des Soins de Santé” / ”Health Care Management” Session SP-9 “Ingénierie Organisationnelle et Gestion de la Continuité de Service des Systèmes de Santé dans l’Ere de la Transformation Numérique de la Société” / “Organizational Engineering and Management of Business Continuity of Healthcare Systems in the Era of Numerical Society Transformation” Session SP-10 “Planification et Commande de la Production pour l’Industrie 4.0” / “Production Planning and Control for Industry 4.0” Session SP-11 “Optimisation des Systèmes de Production dans le Contexte 4.0 Utilisant l’Amélioration Continue” / “Production System Optimization in 4.0 Context Using Continuous Improvement” Session SP-12 “Défis pour la Conception des Systèmes de Production Cyber-Physiques” / “Challenges for the Design of Cyber Physical Production Systems” Session SP-13 “Production Avisée et Développement Durable” / “Smart Manufacturing and Sustainable Development” Session SP-14 “L’Humain dans l’Usine du Futur” / “Human in the Factory of the Future” Session SP-15 “Ordonnancement et Prévision de Chaînes Logistiques Résilientes” / “Scheduling and Forecasting for Resilient Supply Chains