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Individualized Short-Term Electric Load Forecasting Using Data-Driven Meta-Heuristic Method Based on LSTM Network

Authors: Lichao Sun; Hang Qin; Krzysztof Przystupa; Michal Majka; Orest Kochan;

Individualized Short-Term Electric Load Forecasting Using Data-Driven Meta-Heuristic Method Based on LSTM Network

Abstract

Short-term load forecasting is viewed as one promising technology for demand prediction under the most critical inputs for the promising arrangement of power plant units. Thus, it is imperative to present new incentive methods to motivate such power system operations for electricity management. This paper proposes an approach for short-term electric load forecasting using long short-term memory networks and an improved sine cosine algorithm called MetaREC. First, using long short-term memory networks for a special kind of recurrent neural network, the dispatching commands have the characteristics of storing and transmitting both long-term and short-term memories. Next, four important parameters are determined using the sine cosine algorithm base on a logistic chaos operator and multilevel modulation factor to overcome the inaccuracy of long short-term memory networks prediction, in terms of the manual selection of parameter values. Moreover, the performance of the MetaREC method outperforms others with regard to convergence accuracy and convergence speed on a variety of test functions. Finally, our analysis is extended to the scenario of the MetaREC_long short-term memory with back propagation neural network, long short-term memory networks with default parameters, long short-term memory networks with the conventional sine-cosine algorithm, and long short-term memory networks with whale optimization for power load forecasting on a real electric load dataset. Simulation results demonstrate that the multiple forecasts with MetaREC_long short-term memory can effectively incentivize the high accuracy and stability for short-term power load forecasting.

Keywords

meta-heuristic optimization technology, short-term load forecasting; meta-heuristic optimization technology; logistic chaos operator; multi-level regulation factor; sine cosine algorithm; recurrent neural network, sine cosine algorithm, Chemical technology, short-term load forecasting, TP1-1185, Article, Electricity, logistic chaos operator, Heuristics, recurrent neural network, Neural Networks, Computer, multi-level regulation factor, Algorithms, Forecasting

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
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    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
27
Top 10%
Top 10%
Top 10%
Green
gold