EconPapers    
Economics at your fingertips  
 

Harnessing eXplainable artificial intelligence for feature selection in time series energy forecasting: A comparative analysis of Grad-CAM and SHAP

Corne van Zyl, Xianming Ye and Raj Naidoo

Applied Energy, 2024, vol. 353, issue PA, No S0306261923014435

Abstract: This study investigates the efficacy of Explainable Artificial Intelligence (XAI) methods, specifically Gradient-weighted Class Activation Mapping (Grad-CAM) and Shapley Additive Explanations (SHAP), in the feature selection process for national demand forecasting. Utilising a multi-headed Convolutional Neural Network (CNN), both XAI methods exhibit capabilities in enhancing forecasting accuracy and model efficiency by identifying and eliminating irrelevant features. Comparative analysis revealed Grad-CAM’s exceptional computational efficiency in high-dimensional applications and SHAP’s superior ability in revealing features that degrade forecast accuracy. However, limitations are found in both methods, with Grad-CAM including features that decrease model stability, and SHAP inaccurately ranking significant features. Future research should focus on refining these XAI methods to overcome these limitations and further probe into other XAI methods’ applicability within the time-series forecasting domain. This study underscores the potential of XAI in improving load forecasting, which can contribute significantly to the development of more interpretative, accurate and efficient forecasting models.

Keywords: Explainable Artificial Intelligence (XAI); Energy forecasting; Gradient-weighted Class Activation Mapping (Grad-CAM); Shapley Additive Explanations (SHAP); Convolutional Neural Network (CNN); Feature selection (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261923014435
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:appene:v:353:y:2024:i:pa:s0306261923014435

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2023.122079

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:appene:v:353:y:2024:i:pa:s0306261923014435