EconPapers    
Economics at your fingertips  
 

A novel chaotic time series wind power point and interval prediction method based on data denoising strategy and improved coati optimization algorithm

Chao Wang, Hong Lin, Ming Yang, Xiaoling Fu, Yue Yuan and Zewei Wang

Chaos, Solitons & Fractals, 2024, vol. 187, issue C

Abstract: Wind power prediction plays a pivotal role in increasing the power grid stability and mitigating market transaction risks. To enhance the prediction accuracy of wind power, this study presents a novel chaotic time series wind power point and interval prediction approach, focusing on data processing, as well as an improved coati optimization algorithm. First, the improved wavelet threshold denoising (IWTD) technique is constructed to eliminate the noise from the original wind power data. Then, the maximal information coefficient (MIC) is adopted to determine the optimal inputs of the prediction model. Subsequently, the improved coati optimization algorithm (ICOA) is developed to optimize the hyperparameters of the bidirectional long short-term memory (BiLSTM), deep belief network (DBN), and gated recurrent unit (GRU) models, along with the linear weight coefficients of the combined model, thereby enhancing the point prediction accuracy. Finally, kernel density estimation (KDE) is employed to obtain interval predictions for wind power with different confidence levels. Results show that the proposed prediction method effectively improves the prediction accuracy compared with other popular prediction models.

Keywords: Data denoising; Improved coati optimization algorithm; Interval prediction; Combined prediction model (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960077924009949
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:187:y:2024:i:c:s0960077924009949

DOI: 10.1016/j.chaos.2024.115442

Access Statistics for this article

Chaos, Solitons & Fractals is currently edited by Stefano Boccaletti and Stelios Bekiros

More articles in Chaos, Solitons & Fractals from Elsevier
Bibliographic data for series maintained by Thayer, Thomas R. ().

 
Page updated 2025-03-19
Handle: RePEc:eee:chsofr:v:187:y:2024:i:c:s0960077924009949