• KIEE International Transactions on Power Engineering
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• 제4A권3호
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• pp.159-166
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• 2004

Forecasting prices in electricity markets is critical for consumers and producers in planning their operations and managing their price risk. We utilize the generalized autoregressive conditionally heteroskedastic (GARCH) method to forecast the electricity prices in two regions of New York： New York City and Central New York State. We contrast the one-day forecasts of the GARCH against techniques such as dynamic regression, transfer function models, and exponential smoothing. We also examine the effect on our forecasting of omitting some of the extreme values in the electricity prices. We show that accounting for the extreme values and the heteroskedactic variance in the electricity price time-series can significantly improve the accuracy of the forecasting. Additionally, we document the higher volatility in New York City electricity prices. Differences in volatility between regions are important in the pricing of electricity options and for analyzing market performance.

• 한국융합학회논문지
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• 제9권5호
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• pp.1-6
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• 2018

스마트그리드에서 정확한 단기 부하 예측을 통한 자원의 이용 계획은 에너지 시스템 운영의 불확실성을 줄이고 운영 효율을 높이는데 있어서 매우 중요하다. 단기 부하 예측에 얕은 신경회로망을 포함한 다수의 머신 러닝 기법이 적용되어왔지만 예측 정확도의 개선이 요구되고 있다. 최근에는 컴퓨터 비전이나 음성인식 분야에서 심층 신경회로망의 뛰어난 연구 결과로 인해 심층 신경회로망을 단기 전력수요 예측에 적용해 예측 정확도를 개선하려는 시도가 주목 받고 있다. 본 논문에서는 일별 전력 부하 첨두치를 예측하기 위한 다층신경회로망 구조의 심층 신경회로망 모델을 제안한다. 제안된 심층 신경회로망은 층별 학습이 선행된 후 전체 모델의 학습이 이루어진다. 한국전력거래소에서 얻은 4년 동안의 일별 전력 수요 데이터를 사용, 하루 및 이틀 앞선 전력수요 첨두치를 예측하는 심층 신경회로망 모델을 구축하고 예측 정확도를 비교, 평가한다.

• Journal of Electrical Engineering and Technology
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• 제12권5호
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• pp.1709-1718
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• 2017

This paper presents a hybrid stochastic deterministic multi-timescale scheduling (SDMS) approach for generation scheduling of a power grid. SDMS considers flexible resource options including conventional generation flexibility in a chance-constrained day-ahead scheduling optimization (DASO). The prime objective of the DASO is the minimization of the daily production cost in power systems with high penetration scenarios of variable generation. Furthermore, energy storage is scheduled in an hourly-ahead deterministic real-time scheduling optimization (RTSO). DASO simulation results are used as the base starting-point values in the hour-ahead online rolling RTSO with a 15-minute time interval. RTSO considers energy storage as another source of grid flexibility, to balance out the deviation between predicted and actual net load demand values. Numerical simulations, on the IEEE RTS test system with high wind penetration levels, indicate the effectiveness of the proposed SDMS framework for managing the grid flexibility to meet the net load demand, in both day-ahead and real-time timescales. Results also highlight the adequacy of the framework to adjust the scheduling, in real-time, to cope with large prediction errors of wind forecasting.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2005년도 추계학술대회 논문집 전력기술부문
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• pp.148-150
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• 2005

Since the SMP(System Marginal Price) is a vital factor to the market participants who intend to maximize the their profit and to the ISO(Independent System Operator) who wish to operate the electricity market in a stable sense, the short-term marginal price forecasting should be performed correctly. This paper presents a methodology of a day-ahead SMP forecasting using ARIMA(Autoregressive Integrated Moving Average) based on the Time Series. And also we suggested a correction algorithm to minimize the forecasting error in order to improve efficiency and accuracy of the SMP forecasting. To show the efficiency and effectiveness of the proposed method, the numerical studies have been performed using Historical data of SMP in 2004 published by KPX(Korea Power Exchange).

• 응용통계연구
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• 제24권2호
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• pp.217-225
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• 2011

본 논문에서는 스펙트럼 분석과 계절성 선형 모델을 이용하여 intra,-day 콜센터 통화량 예측에 필요한 계절성 변수를 찾아내는 방법을 제시한다. 제시한 방법을 북미 지역의 어느 은행의 5분 단위 콜센터 통화량에 실증 적용하여 기존의 통계적 방법으로는 입증할 수 없었던 월 단위 계절성 변수가 유의함을 보인다. 새로이 찾아진 연수가 intra-day 콜센터 통화량 예측능력을 향상시키는지 확인하기 위해서 새로운 변수를 포함하는 계절성 선형 모델과 이 변수를 포함하지 않은 계절성 선형 모델의 익일 통화량 예측능력을 비교 평가한다. 평가결과 새로운 변수를 포함한 모델이 우수하다는 결과를 얻었다.

• 대한전기학회:학술대회논문집
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• 대한전기학회 1997년도 하계학술대회 논문집 D
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• pp.1144-1148
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• 1997

In this paper, a method for the daily maximum load forecasting which uses a chaotic time series in power system and artificial neural network. We find the characteristics of chaos in power load curve and then determine a optimal embedding dimension and delay time. For the load forecast of one day ahead daily maximum power, we use the time series load data obtained in previous year. By using of embedding dimension and delay time, we construct a strange attractor in pseudo phase plane and the artificial neural network model trained with the attractor mentioned above. The one day ahead forecast errors are about 1.4% for absolute percentage average error.

• 상하수도학회지
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• 제26권4호
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• pp.547-554
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• 2012

As a national river remediation project has been completed, this study has a special interest on the capabilities to predict water levels at various points of the Geum River. To be endowed with intelligent forecasting capabilities, the author formulate the neuro-genetic algorithm associated with the short-term water level prediction model. The results show that neuro-genetic algorithm has considerable potentials to be practically used for water level forecasting, revealing that (1) model optimization can be obtained easily and systematically, and (2) validity in predicting one- or two-day ahead water levels can be fully proved at various points.

• Journal of Electrical Engineering and Technology
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• 제10권3호
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• pp.832-837
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• 2015

The group method of data handling (GMDH) algorithm has proven to be a powerful and effective way to extract rules or polynomials from an electric load pattern. However, because it is nonstationary, the load pattern needs to be decomposed using a discrete wavelet transform. In addition, if a load pattern has a complicated curve pattern, GMDH should use a higher polynomial, which requires complex computing and consumes a lot of time. This paper suggests a method for short-term electric load forecasting that uses a wavelet transform and a GMDH algorithm. Case studies with the proposed algorithm were carried out for one-day-ahead forecasting of hourly electric loads using data during the years 2008-2011. To prove the effectiveness of our proposed approach, the results were evaluated and compared with those obtained by Holt-Winters method and artificial neural network. Our suggested method resulted in better performance than either comparison group.

• International Journal of Fuzzy Logic and Intelligent Systems
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• 제13권1호
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• pp.39-49
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• 2013

This paper presents a method of improving the performance of a day-ahead 24-h load curve and peak load forecasting. The next-day load curve is forecasted using radial basis function (RBF) neural network models built using the best design parameters. To improve the forecasting accuracy, the load curve forecasted using the RBF network models is corrected by the weighted sum of both the error of the current prediction and the change in the errors between the current and the previous prediction. The optimal weights (called "gains" in the error correction) are identified by differential evolution. The peak load forecasted by the RBF network models is also corrected by combining the load curve outputs of the RBF models by linear addition with 24 coefficients. The optimal coefficients for reducing both the forecasting mean absolute percent error (MAPE) and the sum of errors are also identified using differential evolution. The proposed models are trained and tested using four years of hourly load data obtained from the Korea Power Exchange. Simulation results reveal satisfactory forecasts: 1.230% MAPE for daily peak load and 1.128% MAPE for daily load curve.

• 대한전기학회:학술대회논문집
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• 대한전기학회 1993년도 정기총회 및 추계학술대회 논문집 학회본부
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• pp.29-31
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• 1993

This paper presents Neural Network(NN) approach to short-term load forecasting. Input to the NN are past loads and the output is the predicted load for a given day. The NN is used to learn the relationship among past, current and future temperature and loads. Three different cases are presented. Case 1 divides into weekday and weekendday load pattern. Case 2 forcasts 24-hour ahead load. Case 3 searchs for the same load pattern as present load pattern in past load pattern. From result of forecasting, an average absolute percentage errors of case 1 shows 2.0%. That of case 2 shows 2.2, and That of case 3 shows 1.6%.