• Title/Summary/Keyword: time series forecast

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Time Series Analysis of Maximum Electrical Power using the TISEAN package (TISEAN 패키지를 이용한 전력 수요 시계열 분석)

  • Choo, Yeon-Gyu;Park, Jae-Hyeon
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2012.05a
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    • pp.803-806
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    • 2012
  • On this paper, various analysis methods has been applied to analyze and forecast the maximum electrical power needs, which is regarded as a nonlinear dynamic system. To understand the characteristic of complicated system, we used TISEAN package and evaluate the chaotic characteristic of time series obtained from electrical power demand using it. TISEAN package offers various algorithms and codes to analyze time series of nonlinear system effectively.

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

  • Zheng, Xueyan;Kim, Sahm
    • Communications for Statistical Applications and Methods
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    • v.22 no.6
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    • pp.675-683
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    • 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.

A Study on the Support Vector Machine Based Fuzzy Time Series Model

  • Seok, Kyung-Ha
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.3
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    • pp.821-830
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    • 2006
  • This paper develops support vector based fuzzy linear and nonlinear regression models and applies it to forecasting the exchange rate. We use the result of Tanaka(1982, 1987) for crisp input and output. The model makes it possible to forecast the best and worst possible situation based on fewer than 50 observations. We show that the developed model is good through real data.

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Forecasting of Domestic Beef Demand Using Exponential Smoothing Model (지수평활모형을 이용한 국내 소고기 수요예측)

  • Kim, Woo-Seok;Um, Ji-Bum
    • Korean Journal of Organic Agriculture
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    • v.30 no.2
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    • pp.231-239
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    • 2022
  • The purpose of this study is to provide meaningful information for various stakeholders' decision-making process through forecasting of domestic beef demand. Three different exponential smoothing models were evaluated, and a double exponential smoothing model was used to forecast domestic beef demand based on time-series data, As a result of the forecast, domestic beef consumption is expected to increase by 37,000 to 40,000 tons per year from 2020 to 2025.

Time-series Analysis and Prediction of Future Trends of Groundwater Level in Water Curtain Cultivation Areas Using the ARIMA Model (ARIMA 모델을 이용한 수막재배지역 지하수위 시계열 분석 및 미래추세 예측)

  • Baek, Mi Kyung;Kim, Sang Min
    • Journal of The Korean Society of Agricultural Engineers
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    • v.65 no.2
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    • pp.1-11
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    • 2023
  • This study analyzed the impact of greenhouse cultivation area and groundwater level changes due to the water curtain cultivation in the greenhouse complexes. The groundwater observation data in the Miryang study area were used and classified into greenhouse and field cultivation areas to compare the groundwater impact of water curtain cultivation in the greenhouse complex. We identified the characteristics of the groundwater time series data by the terrain of the study area and selected the optimal model through time series analysis. We analyzed the time series data for each terrain's two representative groundwater observation wells. The Seasonal ARIMA model was chosen as the optimal model for riverside well, and for plain and mountain well, the ARIMA model and Seasonal ARIMA model were selected as the optimal model. A suitable prediction model is not limited to one model due to a change in a groundwater level fluctuation pattern caused by a surrounding environment change but may change over time. Therefore, it is necessary to periodically check and revise the optimal model rather than continuously applying one selected ARIMA model. Groundwater forecasting results through time series analysis can be used for sustainable groundwater resource management.

Wind Attribute Time Series Modeling & Forecasting in IRAN

  • Ghorbani, Fahimeh;Raissi, Sadigh;Rafei, Meysam
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.3
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    • pp.14-26
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    • 2015
  • A wind speed forecast is a crucial and sophisticated task in a wind farm for planning turbines and corresponds to an estimate of the expected production of one or more wind turbines in the near future. By production is often meant available power for wind farm considered (with units KW or MW depending on both the wind speed and direction. Such forecasts can also be expressed in terms of energy, by integrating power production over each time interval. In this study, we technically focused on mathematical modeling of wind speed and direction forecast based on locally data set gathered from Aghdasiyeh station in Tehran. The methodology is set on using most common techniques derived from literature review. Hence we applied the most sophisticated forecasting methods to embed seasonality, trend, and irregular pattern for wind speed as an angular variables. Through this research, we carried out the most common techniques such as the Box and Jenkins family, VARMA, the component method, the Weibull function and the Fourier series. Finally, the best fit for each forecasting method validated statistically based on white noise properties and the final comparisons using residual standard errors and mean absolute deviation from real data.

Long-term Streamflow Prediction Using ESP and RDAPS Model (ESP와 RDAPS 수치예보를 이용한 장기유량예측)

  • Lee, Sang-Jin;Jeong, Chang-Sam;Kim, Joo-Cheol;Hwang, Man-Ha
    • Journal of Korea Water Resources Association
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    • v.44 no.12
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    • pp.967-974
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    • 2011
  • Based on daily time series from RDAPS numerical weather forecast, Streamflow prediction was simulated and the result of ESP analysis was implemented considering quantitative mid- and long-term forecast to compare the results and review applicability. The result of ESP, ESP considering quantitative weather forecast, and flow forecast from RDAPS numerical weather forecast were compared and analyzed with average observed streamflow in Guem River Basin. Through this process, the improvement effect per method was estimated. The result of ESP considering weather information was satisfactory relatively based on long-term flow forecast simulation result. Discrepancy ratio analysis for estimating accuracy of probability forecast had similar result. It is expected to simulate more accurate flow forecast for RDAPS numerical weather forecast with improved daily scenario including time resolution, which is able to accumulate 3 hours rainfall or continuous simulation estimation.

Improving Wind Speed Forecasts Using Deep Neural Network

  • Hong, Seokmin;Ku, SungKwan
    • International Journal of Advanced Culture Technology
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    • v.7 no.4
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    • pp.327-333
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    • 2019
  • Wind speed data constitute important weather information for aircrafts flying at low altitudes, such as drones. Currently, the accuracy of low altitude wind predictions is much lower than that of high-altitude wind predictions. Deep neural networks are proposed in this study as a method to improve wind speed forecast information. Deep neural networks mimic the learning process of the interactions among neurons in the brain, and it is used in various fields, such as recognition of image, sound, and texts, image and natural language processing, and pattern recognition in time-series. In this study, the deep neural network model is constructed using the wind prediction values generated by the numerical model as an input to improve the wind speed forecasts. Using the ground wind speed forecast data collected at the Boseong Meteorological Observation Tower, wind speed forecast values obtained by the numerical model are compared with those obtained by the model proposed in this study for the verification of the validity and compatibility of the proposed model.

Prediction of Dynamic Line Rating Based on Thermal Risk Probability by Time Series Weather Models (시계열 기상모델을 이용한 열적 위험확률 기반 동적 송전용량의 예측)

  • Kim, Dong-Min;Bae, In-Su;Cho, Jong-Man;Chang, Kyung;Kim, Jin-O
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.55 no.7
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    • pp.273-280
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    • 2006
  • This paper suggests the method that forecasts Dynamic Line Rating (DLR). Thermal Overload Risk Probability (TORP) of the next time is forecasted based on the present weather conditions and DLR value by Monte Carlo Simulation (MCS). To model weather elements of transmission line for MCS process, this paper will propose the use of statistical weather models that time series is applied. Also, through the case study, it is confirmed that the forecasted TORP can be utilized as a criterion that decides DLR of next time. In short, proposed method may be used usefully to keep security and reliability of transmission line by forecasting transmission capacity of the next time.

Correlation analysis and time series analysis of Ground-water inflow rate into tunnel of Seoul subway system

  • 김성준;이강근;염병우
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2003.09a
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    • pp.254-257
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    • 2003
  • Statistical analysis is performed to estimate the correlations between geological or geographical factor and groundwater inflow rates in the Seoul subway system. Correlation analysis shows that among several geological and geographical factors fractures and streams have most strong effects on inflow rate into tunnels. In particular, subway line 5∼8 are affected more by these factors than subway line 1∼4. Time series analysis is carried out to forecast groundwater inflow rate. Time series analysis is a useful empirical method for simulation and forecasts in case that physical model can not be applied to. The time series of groundwater inflow rates is calculated using the observation data. Transfer function-noise model is applied with the precipitation data as input variables. For time series analysis, statistical methods are performed to identify proper model and autoregressive-moving average models are applied to evaluation of inflow rate. Each model is identified to satisfy the lowest value of information criteria. Results show that the values by result equations are well fitted with the actual inflow rate values. The selected models could give a good explanation of inflow rates variation into subway tunnels.

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