Electrical demand aggregation effects on the performance of deep learning-based short-term load forecasting of a residential building

Performance evaluation of LSTM neural networks for consumption prediction

Balancing the production and consumption of electricity is an urgent task. Its implementation largely depends on the means and methods of planning electricity production. Forecasting is one of the planning tools since the availability of an accurate forecast is a mechanism for increasing the validity of management decisions. This study provides an overview of the methods used to predict electricity supply requirements to different objects. The methods have been reviewed analytically, taking into account the forecast classification according to the anticipation period. In this way, the methods used in operative, short-term, medium-term, and long-term forecasting have been considered. Both classical and modern forecasting methods have been identified when forecasting electric energy consumption. Classical forecasting methods are based on the theory of regression and statistical analysis (regression, autoregressive models); probabilistic forecasting methods and modern forecasting methods use classical and deep-machine-learning algorithms, rank analysis methodology, fuzzy set theory, singular spectral analysis, wavelet transformations, Gray models, etc. Due to the need to take into account the specifics of each subject area characterizing an energy facility to obtain reliable forecast results, power consumption modeling remains an urgent task despite a wide variety of other methods. The review was conducted with an assessment of the methods according to the following criteria: labor intensity, requirements for the initial data set, scope of application, accuracy of the forecasting method, the possibility of application for other forecasting horizons. The above classification of methods according to the anticipation period allows highlights the fact that when predicting power consumption for different time intervals, the same methods are often used. Therefore, it is worth emphasizing the importance of classifying the forecast over the forecasting horizon not to differentiate the methods used to predict electricity consumption for each period but to consider the specifics of each type of forecasting (operative, short-term, medium-term, long-term).

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Methods of Forecasting Electric Energy Consumption: A Literature Review

Energy storage resources management: Planning, operation, and business model

Household power load forecasting plays an important role in the operation and planning of power grids. To address the prediction issue of household power consumption in power grids, this paper chooses a time series of historical power consumption as the feature variables and uses landmark-based spectral clustering (LSC) and a deep learning model to cluster and predict the power consumption dataset, respectively. Firstly, the investigated data are reshaped into a matrix and all missing entries are recovered by matrix completion. Secondly, the data samples are divided into three clusters by the LSC method according to the periodicity and regularity of power consumption. Then, all samples in each cluster are expanded via bootstrap aggregating technique. Subsequently, a combination of a convolutional neural network (CNN) and a long short-term memory (LSTM) is employed to predict power consumption. The goal of CNN is to extract the features from input data in sequence learning, and LSTM aims to train and predict the power consumption. Finally, the forecasting performance of the LSC–CNN–LSTM is compared with several other deep learning models to verify its reliability and effectiveness in the field of household power load. The experimental results show that the proposed hybrid method is superior to other state-of-the-art deep learning techniques in forecasting performance.

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A Hybrid Forecast Model for Household Electric Power by Fusing Landmark-Based Spectral Clustering and Deep Learning

Short-term residential load forecasting is the precondition of the day-ahead and intra-day scheduling strategy of the household microgrid. Existing short-term electric load forecasting methods are mainly used to obtain regional power load for system-level power dispatch. Due to the high volatility, strong randomness, and weak regularity of the residential load of a single household, the mean absolute percentage error (MAPE) of the traditional methods forecasting results would be too big to be used for home energy management. With the increase in the total number of households, the aggregated load becomes more and more stable, and the cyclical pattern of the aggregated load becomes more and more distinct. In the meantime, the maximum daily load does not increase linearly with the increase in households in a small area. Therefore, in our proposed short-term residential load forecasting method, an optimal number of households would be selected adaptively, and the total aggregated residential load of the selected households is used for load prediction. In addition, ordering points to identify the clustering structure (OPTICS) algorithm are also selected to cluster households with similar power consumption patterns adaptively. It can be used to enhance the periodic regularity of the aggregated load in alternative. The aggregated residential load and encoded external factors are then used to predict the load in the next half an hour. The long short-term memory (LSTM) deep learning algorithm is used in the prediction because of its inherited ability to maintain historical data regularity in the forecasting process. The experimental data have verified the effectiveness and accuracy of our proposed method.

Dongjun Yang

Papers

A Novel Short-Term Residential Electric Load Forecasting Method Based on Adaptive Load Aggregation and Deep Learning Algorithms

Energy storage system optimization based on a multi-time scale decomposition-coordination algorithm for wind-ESS systems