• Title/Summary/Keyword: Power Consumption Forecasting

Search Result 72, Processing Time 0.026 seconds

Development of Peak Power Demand Forecasting Model for Special-Day using ELM (ELM을 이용한 특수일 최대 전력수요 예측 모델 개발)

  • Ji, Pyeong-Shik;Lim, Jae-Yoon
    • The Transactions of the Korean Institute of Electrical Engineers P
    • /
    • v.64 no.2
    • /
    • pp.74-78
    • /
    • 2015
  • With the improvement of living standards and economic development, electricity consumption continues to grow. The electricity is a special energy which is hard to store, so its supply must be consistent with the demand. The objective of electricity demand forecasting is to make best use of electricity energy and provide balance between supply and demand. Hence, it is very important work to forecast electricity demand with higher precision. So, various forecasting methods have been developed. They can be divided into five broad categories such as time series models, regression based model, artificial intelligence techniques and fuzzy logic method without considering special-day effects. Electricity demand patterns on holidays can be often idiosyncratic and cause significant forecasting errors. Such effects are known as special-day effects and are recognized as an important issue in determining electricity demand data. In this research, we developed the power demand forecasting method using ELM(Extreme Learning Machine) for special day, particularly, lunar new year and Chuseok holiday.

A Study the load Forecasting Techniques using load Composition Rates (Residential load) (부하구성비를 이용한 부하예측에 관한 연구 - 주거용 부하를 중심으로 한)

  • Park, Jun-Yioul;Lim, Jae-Yun;Kim, Jung-Hoon
    • Proceedings of the KIEE Conference
    • /
    • 1993.07a
    • /
    • pp.82-85
    • /
    • 1993
  • The load forecasting has been essential in planning and operation of power systems. The load composition rata is also needed to analyze power-systems - load flow calculation and system stability. This paper proposes the monthly peak load forecasting methods for load groups in residential class using load composition rate and electric consumption characteristics. The proposed methods were applied to a real-scale power system and the effectiveness was turned out.

  • PDF

A Study on the Comparison of Electricity Forecasting Models: Korea and China

  • Zheng, Xueyan;Kim, Sahm
    • Communications for Statistical Applications and Methods
    • /
    • v.22 no.6
    • /
    • pp.675-683
    • /
    • 2015
  • In the 21st century, we now face the serious problems of the enormous consumption of the energy resources. Depending on the power consumption increases, both China and South Korea face a reduction in available resources. This paper considers the regression models and time-series models to compare the performance of the forecasting accuracy based on Mean Absolute Percentage Error (MAPE) in order to forecast the electricity demand accurately on the short-term period (68 months) data in Northeast China and find the relationship with Korea. Among the models the support vector regression (SVR) model shows superior performance than time-series models for the short-term period data and the time-series models show similar results with the SVR model when we use long-term period data.

Naval Vessel Spare Parts Demand Forecasting Using Data Mining (데이터마이닝을 활용한 해군함정 수리부속 수요예측)

  • Yoon, Hyunmin;Kim, Suhwan
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.40 no.4
    • /
    • pp.253-259
    • /
    • 2017
  • Recent development in science and technology has modernized the weapon system of ROKN (Republic Of Korea Navy). Although the cost of purchasing, operating and maintaining the cutting-edge weapon systems has been increased significantly, the national defense expenditure is under a tight budget constraint. In order to maintain the availability of ships with low cost, we need accurate demand forecasts for spare parts. We attempted to find consumption pattern using data mining techniques. First we gathered a large amount of component consumption data through the DELIIS (Defense Logistics Intergrated Information System). Through data collection, we obtained 42 variables such as annual consumption quantity, ASL selection quantity, order-relase ratio. The objective variable is the quantity of spare parts purchased in f-year and MSE (Mean squared error) is used as the predictive power measure. To construct an optimal demand forecasting model, regression tree model, randomforest model, neural network model, and linear regression model were used as data mining techniques. The open software R was used for model construction. The results show that randomforest model is the best value of MSE. The important variables utilized in all models are consumption quantity, ASL selection quantity and order-release rate. The data related to the demand forecast of spare parts in the DELIIS was collected and the demand for the spare parts was estimated by using the data mining technique. Our approach shows improved performance in demand forecasting with higher accuracy then previous work. Also data mining can be used to identify variables that are related to demand forecasting.

A Multiple Variable Regression-based Approaches to Long-term Electricity Demand Forecasting

  • Ngoc, Lan Dong Thi;Van, Khai Phan;Trang, Ngo-Thi-Thu;Choi, Gyoo Seok;Nguyen, Ha-Nam
    • International journal of advanced smart convergence
    • /
    • v.10 no.4
    • /
    • pp.59-65
    • /
    • 2021
  • Electricity contributes to the development of the economy. Therefore, forecasting electricity demand plays an important role in the development of the electricity industry in particular and the economy in general. This study aims to provide a precise model for long-term electricity demand forecast in the residential sector by using three independent variables include: Population, Electricity price, Average annual income per capita; and the dependent variable is yearly electricity consumption. Based on the support of Multiple variable regression, the proposed method established a model with variables that relate to the forecast by ignoring variables that do not affect lead to forecasting errors. The proposed forecasting model was validated using historical data from Vietnam in the period 2013 and 2020. To illustrate the application of the proposed methodology, we presents a five-year demand forecast for the residential sector in Vietnam. When demand forecasts are performed using the predicted variables, the R square value measures model fit is up to 99.6% and overall accuracy (MAPE) of around 0.92% is obtained over the period 2018-2020. The proposed model indicates the population's impact on total national electricity demand.

Safety Critical I&C Component Inventory Management Method for Nuclear Power Plant using Linear Data Analysis Technic

  • Jung, Jae Cheon;Kim, Haek Yun
    • Journal of the Korean Society of Systems Engineering
    • /
    • v.16 no.1
    • /
    • pp.84-97
    • /
    • 2020
  • This paper aims to develop an optimized inventory management method for safety critical Instrument and Control (I&C) components. In this regard, the paper focuses on estimating the consumption rate of I&C components using demand forecasting methods. The target component for this paper is the Foxboro SPEC-200 controller. This component was chosen because it has highest consumption rate among the safety critical I&C components in Korean OPR-1000 NPPs. Three analytical methods were chosen in order to develop the demand forecasting methods; Poisson, Generalized Linear Model (GLM) and Bootstrapping. The results show that the GLM gives better accuracy than the other analytical methods. This is because the GLM considers the maintenance level of the component by discriminating between corrective and preventive.

Relationship Analysis of Power Consumption Pattern and Environmental Factor for a Consumer's Short-term Demand Forecast (전력소비자의 단기수요예측을 위한 전력소비패턴과 환경요인과의 관계 분석)

  • Ko, Jong-Min;Song, Jae-Ju;Kim, Young-Il;Yang, Il-Kwon
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.59 no.11
    • /
    • pp.1956-1963
    • /
    • 2010
  • Studies on the development of various energy management programs and real-time bidirectional information infrastructures have been actively conducted to promote the reduction of power demands and CO2 emissions effectively. In the conventional energy management programs, the demand response program that can transition or transfer the power use spontaneously for power prices and other signals has been largely used throughout the inside and outside of the country. For measuring the effect of such demand response program, it is necessary to exactly estimate short-term loads. In this study, the power consumption patterns in both individual and group consumers were analyzed to estimate the exact short-term loads, and the relationship between the actual power consumption and seasonal factors was also analyzed.

Short-term Power Consumption Forecasting Based on IoT Power Meter with LSTM and GRU Deep Learning (LSTM과 GRU 딥러닝 IoT 파워미터 기반의 단기 전력사용량 예측)

  • Lee, Seon-Min;Sun, Young-Ghyu;Lee, Jiyoung;Lee, Donggu;Cho, Eun-Il;Park, Dae-Hyun;Kim, Yong-Bum;Sim, Isaac;Kim, Jin-Young
    • The Journal of the Institute of Internet, Broadcasting and Communication
    • /
    • v.19 no.5
    • /
    • pp.79-85
    • /
    • 2019
  • In this paper, we propose a short-term power forecasting method by applying Long Short Term Memory (LSTM) and Gated Recurrent Unit (GRU) neural network to Internet of Things (IoT) power meter. We analyze performance based on real power consumption data of households. Mean absolute error (MAE), mean absolute percentage error (MAPE), mean percentage error (MPE), mean squared error (MSE), and root mean squared error (RMSE) are used as performance evaluation indexes. The experimental results show that the GRU-based model improves the performance by 4.52% in the MAPE and 5.59% in the MPE compared to the LSTM-based model.

RNN NARX Model Based Demand Management for Smart Grid

  • Lee, Sang-Hyun;Park, Dae-Won;Moon, Kyung-Il
    • International Journal of Advanced Culture Technology
    • /
    • v.2 no.2
    • /
    • pp.11-14
    • /
    • 2014
  • In the smart grid, it will be possible to communicate with the consumers for the purposes of monitoring and controlling their power consumption without disturbing their business or comfort. This will bring easier administration capabilities for the utilities. On the other hand, consumers will require more advanced home automation tools which can be implemented by using advanced sensor technologies. For instance, consumers may need to adapt their consumption according to the dynamically varying electricity prices which necessitates home automation tools. This paper tries to combine neural network and nonlinear autoregressive with exogenous variable (NARX) class for next week electric load forecasting. The suitability of the proposed approach is illustrated through an application to electric load consumption data. The suggested system provides a useful and suitable tool especially for the load forecasting.

The Effect of Changes of the Housing Type on Long-Term Load Forecasting (가족구성형태의 변화가 주택용 부하의 장기 전력수요예측에 미치는 영향 분석)

  • Kim, Sung-Yul
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.64 no.9
    • /
    • pp.1276-1280
    • /
    • 2015
  • Among the various statistical factors for South Korea, the population has been steadily decreased by lower birthrate. Nevertheless, the number of household is constantly increasing amid population aging and single life style. In general, residential electricity use is more the result of the number of household than the population. Therefore, residential electricity consumption is expected to be far higher for decades to come. The existing long-term load forecasting, however, do not necessarily reflect the growth of single and two-member households. In this respect, this paper proposes the long-term load forecasting for residential users considering the effect of changes of the housing type, and in the case study the changes of the residential load pattern is analyzed for accurate long-term load forecasting.