A New Hybrid Model Based on Data Preprocessing and an Intelligent Optimization Algorithm for Electrical Power System Forecasting

Ping Jiang, Xuejiao Ma and Feng Liu

Mathematical Problems in Engineering, 2015, vol. 2015, 1-17

Abstract:

The establishment of electrical power system cannot only benefit the reasonable distribution and management in energy resources, but also satisfy the increasing demand for electricity. The electrical power system construction is often a pivotal part in the national and regional economic development plan. This paper constructs a hybrid model, known as the E-MFA-BP model, that can forecast indices in the electrical power system, including wind speed, electrical load, and electricity price. Firstly, the ensemble empirical mode decomposition can be applied to eliminate the noise of original time series data. After data preprocessing, the back propagation neural network model is applied to carry out the forecasting. Owing to the instability of its structure, the modified firefly algorithm is employed to optimize the weight and threshold values of back propagation to obtain a hybrid model with higher forecasting quality. Three experiments are carried out to verify the effectiveness of the model. Through comparison with other traditional well-known forecasting models, and models optimized by other optimization algorithms, the experimental results demonstrate that the hybrid model has the best forecasting performance.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://downloads.hindawi.com/journals/MPE/2015/815253.pdf (application/pdf)
http://downloads.hindawi.com/journals/MPE/2015/815253.xml (text/xml)

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:hin:jnlmpe:815253

DOI: 10.1155/2015/815253

Access Statistics for this article

More articles in Mathematical Problems in Engineering from Hindawi
Bibliographic data for series maintained by Mohamed Abdelhakeem ().