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Proceedings of 22nd International Symposium on Power Electronics, Ee 2023202322nd International Symposium on Power Electronics, Ee 2023; Novi Sad; Serbia; 25 October 2023 through 28 October 2023; Category numberCFP23J55-ART; Code 195504

Short-Term Load Forecasting through the Identification of Similar Hour Series(Conference Paper)

  • Turudic, S.,
  • Selakov, A.,
  • Jankovic, Z.
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  • University of Novi Sad, Faculty of Technical Sciences, Novi Sad, Serbia

Abstract

The paper introduces a novel method for short-term load forecasting (STLF) when there is insufficient historical data to train a similar-day-based algorithm. The proposed approach involves constructing a virtual historical day using historical hour arrays, thus improving the algorithm's ability to forecast accurately. Relevant similarity factors can be used to identify similar series of hours, although their impact on power consumption can vary depending on different factors such as geographical location, power network infrastructure, season, and population habits. The proposed model starts with a range of factors and calculates the impact of the significant contributing factors on power consumption. The model allows for the optimal selection of similar hours, even in cases where it may be challenging to determine the most relevant factors and their impact on the forecast in advance. To improve the accuracy of the STLF forecast, the model uses a genetic algorithm (GA) to optimize the impact of each similarity factor. Experimental results presented in the paper demonstrate the potential of this method to enhance the accuracy of the STLF forecast. © 2023 IEEE.

Author keywords

method of similar series of hoursShort-term consumption forecastsimilarity factors

Indexed keywords

Engineering controlled terms:Electric power plant loadsForecastingGenetic algorithms
Engineering uncontrolled termsGeographical locationsHistorical dataMethod of similar series of hourNetwork infrastructureNovel methodsPower networksShort term load forecastingShort-term consumption forecastSimilar daySimilarity factors
Engineering main heading:Electric power utilization
  • ISBN: 979-835034317-5
  • Source Type: Conference Proceeding
  • Original language: English
  • DOI: 10.1109/Ee59906.2023.10346181
  • Document Type: Conference Paper
  • Volume Editors: Katic V.
  • Sponsors: Bosch,Brose, d.o.o.,Infineon,IPCEI on Microelectronics,Tajfun HIL d.o.o.
  • Publisher: Institute of Electrical and Electronics Engineers Inc.


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