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

An Overview of Electricity Demand Forecasting Techniques

Load forecasts are extremely important for energy suppliers and other participants in electric energy generation, transmission, distribution and markets. Accurate models for electric power load forecasting are essential to the operation and planning of a utility company. Load forecasts are extremely important for energy suppliers and other participants in electric energy generation, transmission, distribution and markets. This paper presents a review of electricity demand forecasting techniques. The various types of methodologies and models are included in the literature. Load forecasting can be broadly divided into three categories: short-term forecasts which are usually from one hour to one week, medium forecasts which are usually from a week to a year, and long-term forecasts which are longer than a year.  Based on the various types of studies presented in these papers, the load forecasting techniques may be presented in three major groups: Traditional Forecasting technique, Modified Traditional Technique and Soft Computing Technique. Keywords: Electricity Demand, Forecasting Techniques, Soft Computing, Regression method, SVM

A Review on Application of Artificial Intelligence Techniques in Microgrids

A microgrid can be formed by the integration of different components such as loads, renewable/conventional units, and energy storage systems in a local area. Microgrids with the advantages of being flexible, environmentally friendly, and self-sufficient can improve the power system performance metrics such as resiliency and reliability. However, design and implementation of microgrids are always faced with different challenges considering the uncertainties associated with loads and renewable energy resources (RERs), sudden load variations, energy management of several energy resources, etc. Therefore, it is required to employ such rapid and accurate methods, as artificial intelligence (AI) techniques, to address these challenges and improve the MG's efficiency, stability, security, and reliability. Utilization of AI helps to develop systems as intelligent as humans to learn, decide, and solve problems. This paper presents a review on different applications of AI-based techniques in microgrids such as energy management, load and generation forecasting, protection, power electronics control, and cyber security. Different AI tasks such as regression and classification in microgrids are discussed using methods including machine learning, artificial neural networks, fuzzy logic, support vector machines, etc. The advantages, limitation, and future trends of AI applications in microgrids are discussed.©2022 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.fi=vertaisarvioitu|en=peerReviewed

Short-term forecasting of load and renewable energy using artifical neural network

Load forecasting is a technique used for the prediction of electrical load demands in battery management. In general, the aggregated level used for short-term electrical load forecasting (STLF) consists of either numerical or non-numerical information collected from multiple sources, which helps in obtaining accurate data and efficient forecasting. However, the aggregated level cannot precisely forecast the validation and testing phases of numerical data, including the real-time measurements of irradiance level (W/m2) and photovoltaic output power (W). Forecasting is also a challenge due to the fluctuations caused by the random usage of appliances in the existing weekly, diurnal, and annual cycle load data. In this study, we have overcome this challenge by using Artificial Neural Network (ANN) methods such as Bayesian Regularisation (BR) and Levenberg-Marquardt (LM) algorithms. The STLF achieved by ANN-based methods can improve the forecast accuracy. The overall performance of the BR and LM algorithms were analyzed during the development phases of the ANN. The input layer, hidden layer and output layer used to train and test the ANN together predict the 24-hour electricity demand. The results show that utilizing the LM and BR algorithms delivers a highly efficient architecture for renewable power estimation demand. © 2021 Seventh Sense Research Group

Machine Learning for Load Profile Data Analytics and Short-term Load Forecasting

Short-term load forecasting (STLF) is a key issue for the operation and dispatch of day ahead energy market. It is a prerequisite for the economic operation of power systems and the basis of dispatching and making startup-shutdown plans, which plays a key role in the automatic control of power systems. Accurate power load forecasting not only help users choose a more appropriate electricity consumption scheme and reduces a lot of electric cost expenditure but also is conducive to optimizing the resources of power systems. This advantage helps while improving equipment utilization for reducing the production cost and improving the economic benefit, and improving power supply capability. Therefore, ultimately achieving the aim of efficient demand response program. This thesis outlines some machine learning based data driven models for STLF in smart grid. It also presents different policies and current statuses as well as future research direction for developing new STLF models. This thesis outlines three projects for load profile data analytics and machine learning based STLF models. First project is, load profile classification and determining load demand variability with the aim to estimate the load demand of a customer. In this project load profile data collected from smart meter are classified using recently developed extended nearest neighbor (ENN) algorithm. Here we have calculated generalized class wise statistics which will give the idea of load demand variability of a customer. Finally the load demand of a particular customer is estimated based on generalized class wise statistics, maximum load demand and minimum load demand. In the second project, a composite ENN model is proposed for STLF. The ENN model is proposed to improve the performance of k-nearest neighbor (kNN) algorithm based STLF models. In this project we have developed three individual models to process weather data i.e., temperature, social variables, and load demand data. The load demand is predicted separately for different input variables. Finally the load demand is forecasted from the weighted average of three models. The weights are determined based on the change in generalized class wise statistics. This projects provides a significant improvement in the performance of load forecasting accuracy compared to kNN based models. In the third project, an advanced data driven model is developed. Here, we have proposed a novel hybrid load forecasting model based on novel signal decomposition and correlation analysis. The hybrid model consists of improved empirical mode decomposition, T-Copula based correlation analysis. Finally we have employed deep belief network for making load demand forecasting. The results are compared with previous studies and it is evident that there is a significant improvement in mean absolute percentage error (MAPE) and root mean square error (RMSE)

Computational intelligence approaches for energy load forecasting in smart energy management grids: state of the art, future challenges, and research directions and Research Directions

Energy management systems are designed to monitor, optimize, and control the smart grid energy market. Demand-side management, considered as an essential part of the energy management system, can enable utility market operators to make better management decisions for energy trading between consumers and the operator. In this system, a priori knowledge about the energy load pattern can help reshape the load and cut the energy demand curve, thus allowing a better management and distribution of the energy in smart grid energy systems. Designing a computationally intelligent load forecasting (ILF) system is often a primary goal of energy demand management. This study explores the state of the art of computationally intelligent (i.e., machine learning) methods that are applied in load forecasting in terms of their classification and evaluation for sustainable operation of the overall energy management system. More than 50 research papers related to the subject identified in existing literature are classified into two categories: namely the single and the hybrid computational intelligence (CI)-based load forecasting technique. The advantages and disadvantages of each individual techniques also discussed to encapsulate them into the perspective into the energy management research. The identified methods have been further investigated by a qualitative analysis based on the accuracy of the prediction, which confirms the dominance of hybrid forecasting methods, which are often applied as metaheurstic algorithms considering the different optimization techniques over single model approaches. Based on extensive surveys, the review paper predicts a continuous future expansion of such literature on different CI approaches and their optimizations with both heuristic and metaheuristic methods used for energy load forecasting and their potential utilization in real-time smart energy management grids to address future challenges in energy demand managemen

A Promising Wavelet Decomposition –NNARX Model to Predict Flood: Application to Kelantan River Flood

Flood is a major disaster that happens around the world. It has caused many casualties and massive destruction of property. Estimating the chance of a flood occurring depends on several factors, such as rainfall, the structure and the flow rate of the river. This research used the neural network autoregressive exogenous input (NNARX) model to predict floods. One of the research challenges was to develop accurate models and improve the forecasting model. This research aimed to improve the performance of the neural network model for flood prediction. A new technique was proposed for modelling nonlinear data of flood forecasting using the wavelet decomposition-NNARX approach. This paper discusses the process of identifying the parameters involved to make a forecast as the rainfall value requires the flow rate of the river and its water level. The original data were processed by wavelet decomposition and filtered to generate a new set of data for the NNARX prediction model where the process can be compared. This research compared the performance of the wavelet and the non-wavelet NNARX model. Experimental results showed that the proposed approach had better performance testing results in relation to its counterpart in terms of hourly forecast, with the mean square error (MSE) of 2.0491e-4 m2 compared to 6.1642e-4 m2, respectively. The proposed approach was also studied for long-term forecast up to 5 years, where the obtained MSE was higher, i.e., 0.0016 m2

Optimization methods for electric power systems: An overview

Power systems optimization problems are very difficult to solve because power systems are very large, complex, geographically widely distributed and are influenced by many unexpected events. It is therefore necessary to employ most efficient optimization methods to take full advantages in simplifying the formulation and implementation of the problem. This article presents an overview of important mathematical optimization and artificial intelligence (AI) techniques used in power optimization problems. Applications of hybrid AI techniques have also been discussed in this article