Evaluation of time series techniques to characterise domestic electricity demand

Fintan McLoughlin, Aidan Duffy and Michael Conlon

Energy, 2013, vol. 50, issue C, 120-130

Abstract: This paper discusses time series approaches, often used by Transmission System Operators (TSOs) to forecast system demand, and applies them at an individual dwelling level. In particular, two techniques, Fourier transforms and Gaussian processes were evaluated and used to characterise individual household electricity demand. The performance of the characterisation approaches were evaluated based on Pearson correlation coefficient, descriptive statistics and paired sample t-tests for electrical parameters: Total Electricity Consumption, Maximum Demand, Load Factor and Time of Use of maximum electricity demand. Finally, a number of time series tests were carried out to ensure certain properties remained between the original and characterised series.

Keywords: Domestic electricity consumption; Electricity demand load profiles; Time series modelling (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (28)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:50:y:2013:i:c:p:120-130

DOI: 10.1016/j.energy.2012.11.048

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