A combined model based on data pre-analysis and weight coefficients optimization for electrical load forecasting
Liye Xiao,
Jianzhou Wang,
Ru Hou and
Jie Wu
Energy, 2015, vol. 82, issue C, 524-549
Abstract:
Electrical load forecasting has always played a key role in power system administration, planning for energy transfer scheduling and load dispatch. For electrical load forecasting, due to the fact that combined model has the capacity to effectively calculate the seasonality and nonlinearity shown in the electrical load data, absorb the merits and avoid the limitations of the individual models, a new combined model is presented. In this model, the data pre-analysis is used to reduce the interferences from the data, meanwhile cuckoo search is firstly used to optimize weight coefficients of the combined model. To evaluate the forecast performance of the proposed combined model, half-hourly electricity power data from February 2006 to 2009 for the State of New South Wales, August 2006 to 2008 for the State of Victoria and November 2006 to 2008 for the State of Queensland, Australia, were used in this paper as a case study. The experimental results show that the proposed combined model is superior to the individual forecasting models regarding forecast performance.
Keywords: Electrical power forecasting; Combined model; Forecasting accuracy; Data pre-analysis (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (53)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544215000870
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:82:y:2015:i:c:p:524-549
DOI: 10.1016/j.energy.2015.01.063
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 ().