EconPapers    
Economics at your fingertips  
 

An integrative approach to enhance load forecasting accuracy in power systems based on multivariate feature selection and selective stacking ensemble modeling

Jialei Chen, Chu Zhang, Xi Li, Rui He, Zheng Wang, Muhammad Shahzad Nazir and Tian Peng

Energy, 2025, vol. 326, issue C

Abstract: Accurate load forecasting is important for the safe and stable operation of power systems. Although there are many load forecasting methods, most of them focus on using a single model to forecast a single load time series, ignoring the limitations of a single model and the influence of other factors on the load. To address this problem, this paper proposes a load forecasting method that combines typical correlation analysis (CCA), stacking ensemble forecasting, and intelligent algorithm optimization. First, the CCA algorithm is utilized to screen the influential factors with high correlation from the multivariate meteorological factors; second, a 5-fold cross-validation algorithm is used to reconstruct the data, and based on the prediction results, 5 models are selected as the base learners from 10 mainstream prediction models. Then, the Generalized Regularized Extreme Learning Machine (GRELM) is used as the meta-learner and its parameters are optimized using the Supply and Demand Optimization (SDO) algorithm. Finally, the model was used to fit and summarize load data from Panama over a two-year period through four sets of experiments and multiple evaluation metrics. The results show that the proposed model has an average RMSE of 20.63, MAE of 15.15, R of 0.9937, and MAPE of 0.0124 in the four experimental datasets, and the average RMSE of the proposed model in this study is higher than the control model by 10.41 % to 29.55 %, and the average MAE is higher by 11.79 % to 29.14 %. These results indicate that the CCA-SDO-Ensemble prediction model proposed in this paper has higher prediction accuracy.

Keywords: Load forecasting; Stacking ensemble; Supply and demand optimization algorithm; Canonical correlation analysis; Generalized regularized extreme learning machine (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544225019796
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:energy:v:326:y:2025:i:c:s0360544225019796

DOI: 10.1016/j.energy.2025.136337

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

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

 
Page updated 2025-05-20
Handle: RePEc:eee:energy:v:326:y:2025:i:c:s0360544225019796