Near Real-Time Global Solar Radiation Forecasting at Multiple Time-Step Horizons Using the Long Short-Term Memory Network
Anh Ngoc-Lan Huynh,
Ravinesh C. Deo,
Duc-Anh An-Vo,
Mumtaz Ali,
Nawin Raj and
Shahab Abdulla
Additional contact information
Anh Ngoc-Lan Huynh: School of Sciences, Institute of Life Sciences and the Environment, University of Southern Queensland, Darling Heights, QLD 4350, Australia
Ravinesh C. Deo: School of Sciences, Institute of Life Sciences and the Environment, University of Southern Queensland, Darling Heights, QLD 4350, Australia
Duc-Anh An-Vo: Centre for Applied Climate Sciences, University of Southern Queensland, Toowoomba, QLD 4350, Australia
Mumtaz Ali: Deakin-SWU Joint Research Centre on Big Data, School of Information Technology, Deakin University, Burwood, VIC 2134, Australia
Nawin Raj: School of Sciences, Institute of Life Sciences and the Environment, University of Southern Queensland, Darling Heights, QLD 4350, Australia
Shahab Abdulla: Open Access College, University of Southern Queensland, Darling Heights, QLD 4350, Australia
Energies, 2020, vol. 13, issue 14, 1-30
Abstract:
This paper aims to develop the long short-term memory (LSTM) network modelling strategy based on deep learning principles, tailored for the very short-term, near-real-time global solar radiation (GSR) forecasting. To build the prescribed LSTM model, the partial autocorrelation function is applied to the high resolution, 1 min scaled solar radiation dataset that generates statistically significant lagged predictor variables describing the antecedent behaviour of GSR. The LSTM algorithm is adopted to capture the short- and the long-term dependencies within the GSR data series patterns to accurately predict the future GSR at 1, 5, 10, 15, and 30 min forecasting horizons. This objective model is benchmarked at a solar energy resource rich study site (Bac-Ninh, Vietnam) against the competing counterpart methods employing other deep learning, a statistical model, a single hidden layer and a machine learning-based model. The LSTM model generates satisfactory predictions at multiple-time step horizons, achieving a correlation coefficient exceeding 0.90, outperforming all of the counterparts. In accordance with robust statistical metrics and visual analysis of all tested data, the study ascertains the practicality of the proposed LSTM approach to generate reliable GSR forecasts. The Diebold–Mariano statistic test also shows LSTM outperforms the counterparts in most cases. The study confirms the practical utility of LSTM in renewable energy studies, and broadly in energy-monitoring devices tailored for other energy variables (e.g., hydro and wind energy).
Keywords: solar radiation; long short-term memory network; near real-time solar radiation forecasting (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
https://www.mdpi.com/1996-1073/13/14/3517/pdf (application/pdf)
https://www.mdpi.com/1996-1073/13/14/3517/ (text/html)
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:gam:jeners:v:13:y:2020:i:14:p:3517-:d:381918
Access Statistics for this article
Energies is currently edited by Ms. Agatha Cao
More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().