Local Short Term Electricity Load Forecasting: Automatic Approaches

Short-Term Load Forecasting (STLF) is a fundamental component in the efficient management of power systems, which has been studied intensively over the past 50 years. The emerging development of smart grid technologies is posing new challenges as well as opportunities to STLF. Load data, collected at higher geographical granularity and frequency through thousands of smart meters, allows us to build a more accurate local load forecasting model, which is essential for local optimization of power load through demand side management. With this paper, we show how several existing approaches for STLF are not applicable on local load forecasting, either because of long training time, unstable optimization process, or sensitivity to hyper-parameters. Accordingly, we select five models suitable for local STFL, which can be trained on different time-series with limited intervention from the user. The experiment, which consists of 40 time-series collected at different locations and aggregation levels, revealed that yearly pattern and temperature information are only useful for high aggregation level STLF. On local STLF task, the modified version of double seasonal Holt-Winter proposed in this paper performs relatively well with only 3 months of training data, compared to more complex methods

A Real-Time Electrical Load Forecasting in Jordan Using an Enhanced Evolutionary Feedforward Neural Network

Power system planning and expansion start with forecasting the anticipated future load requirement. Load forecasting is essential for the engineering perspective and a financial perspective. It effectively plays a vital role in the conventional monopolistic operation and electrical utility planning to enhance power system operation, security, stability, minimization of operation cost, and zero emissions. TwoWell-developed cases are discussed here to quantify the benefits of additional models, observation, resolution, data type, and how data are necessary for the perception and evolution of the electrical load forecasting in Jordan. Actual load data for more than a year is obtained from the leading electricity company in Jordan. These cases are based on total daily demand and hourly daily demand. This work’s main aim is for easy and accurate computation of week ahead electrical system load forecasting based on Jordan’s current load measurements. The uncertainties in forecasting have the potential to waste money and resources. This research proposes an optimized multi-layered feed-forward neural network using the recent Grey Wolf Optimizer (GWO). The problem of power forecasting is formulated as a minimization problem. The experimental results are compared with popular optimization methods and show that the proposed method provides very competitive forecasting results

Data-driven approach to machine condition prognosis using least square regression trees

Machine fault prognosis techniques have been considered profoundly in the recent time due to their profit for reducing unexpected faults or unscheduled maintenance. With those techniques, the working conditions of components, the trending of fault propagation, and the time-to-failure are forecasted precisely before they reach the failure thresholds. In this work, we propose an approach of Least Square Regression Tree (LSRT), which is an extension of the Classification and Regression Tree (CART), in association with one-step-ahead prediction of time-series forecasting technique to predict the future conditions of machines. In this technique, the number of available observations is firstly determined by using Cao’s method and LSRT is employed as prognosis system in the next step. The proposed approach is evaluated by real data of low methane compressor. Furthermore, the comparison between the predicted results of CART and LSRT are carried out to prove the accuracy. The predicted results show that LSRT offers a potential for machine condition prognosis