LAPSE:2019.0405
Published Article
LAPSE:2019.0405
Deep Neural Network Based Demand Side Short Term Load Forecasting
Seunghyoung Ryu, Jaekoo Noh, Hongseok Kim
March 15, 2019
In the smart grid, one of the most important research areas is load forecasting; it spans from traditional time series analyses to recent machine learning approaches and mostly focuses on forecasting aggregated electricity consumption. However, the importance of demand side energy management, including individual load forecasting, is becoming critical. In this paper, we propose deep neural network (DNN)-based load forecasting models and apply them to a demand side empirical load database. DNNs are trained in two different ways: a pre-training restricted Boltzmann machine and using the rectified linear unit without pre-training. DNN forecasting models are trained by individual customer’s electricity consumption data and regional meteorological elements. To verify the performance of DNNs, forecasting results are compared with a shallow neural network (SNN), a double seasonal Holt⁻Winters (DSHW) model and the autoregressive integrated moving average (ARIMA). The mean absolute percentage error (MAPE) and relative root mean square error (RRMSE) are used for verification. Our results show that DNNs exhibit accurate and robust predictions compared to other forecasting models, e.g., MAPE and RRMSE are reduced by up to 17% and 22% compared to SNN and 9% and 29% compared to DSHW.
Keywords
deep learning, deep neural network, exponential smoothing, pre-training, rectified linear unit (ReLU), restricted Boltzmann machine (RBM), short-term load forecasting, smart grid
Suggested Citation
Ryu S, Noh J, Kim H. Deep Neural Network Based Demand Side Short Term Load Forecasting. (2019). LAPSE:2019.0405
Author Affiliations
Ryu S: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea
Noh J: Software Center, Korea Electric Power Corporation (KEPCO), 105 Munji Road, Yuseong-Gu, Daejeon 305-760, Korea
Kim H: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea [ORCID]
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Journal Name
Energies
Volume
10
Issue
1
Article Number
E3
Year
2016
Publication Date
2016-12-22
Published Version
ISSN
1996-1073
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PII: en10010003, Publication Type: Journal Article
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LAPSE:2019.0405
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doi:10.3390/en10010003
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Mar 15, 2019
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Mar 15, 2019
 
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Original Submitter
Calvin Tsay
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