IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v314y2022ics0306261922003579.html
   My bibliography  Save this article

An integrated power load point-interval forecasting system based on information entropy and multi-objective optimization

Author

Listed:
  • Wang, Kang
  • Wang, Jianzhou
  • Zeng, Bo
  • Lu, Haiyan

Abstract

During an era of rapid growth in electricity demand throughout society, accurate forecasting of electricity loads has become increasingly important to guarantee a stable power supply. Nevertheless, historical models do not address the structure of the data itself, and a single model cannot accurately determine the nonlinear characteristics of the data. This would not allow for accurate and stable predictions. With the aim of filling this gap, this paper proposes an innovative intelligent power load point-interval forecasting system. The system discretizes the time series, then performs efficient dimensionality reduction by fuzzification, and multi-level optimization of five benchmark deep learning models by the proposed multi-objective optimization algorithm, and finally analyzes the uncertainty of the prediction results. Experiments comparing the developed prediction system with other models were conducted on three datasets, and the prediction results were discussed for validation from multiple perspectives. The simulation results show that the proposed model has superior prediction accuracy, robustness and uncertainty analysis capability, and can provide accurate deterministic prediction information and fluctuation interval analysis to ensure the long-term safety and stability and operation of the grid.

Suggested Citation

  • Wang, Kang & Wang, Jianzhou & Zeng, Bo & Lu, Haiyan, 2022. "An integrated power load point-interval forecasting system based on information entropy and multi-objective optimization," Applied Energy, Elsevier, vol. 314(C).
  • Handle: RePEc:eee:appene:v:314:y:2022:i:c:s0306261922003579
    DOI: 10.1016/j.apenergy.2022.118938
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261922003579
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.apenergy.2022.118938?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hu, Yusha & Li, Jigeng & Hong, Mengna & Ren, Jingzheng & Lin, Ruojue & Liu, Yue & Liu, Mengru & Man, Yi, 2019. "Short term electric load forecasting model and its verification for process industrial enterprises based on hybrid GA-PSO-BPNN algorithm—A case study of papermaking process," Energy, Elsevier, vol. 170(C), pages 1215-1227.
    2. Malekizadeh, M. & Karami, H. & Karimi, M. & Moshari, A. & Sanjari, M.J., 2020. "Short-term load forecast using ensemble neuro-fuzzy model," Energy, Elsevier, vol. 196(C).
    3. Hernán Peraza-Vázquez & Adrián F. Peña-Delgado & Gustavo Echavarría-Castillo & Ana Beatriz Morales-Cepeda & Jonás Velasco-Álvarez & Fernando Ruiz-Perez, 2021. "A Bio-Inspired Method for Engineering Design Optimization Inspired by Dingoes Hunting Strategies," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-19, September.
    4. Niu, Xinsong & Wang, Jiyang, 2019. "A combined model based on data preprocessing strategy and multi-objective optimization algorithm for short-term wind speed forecasting," Applied Energy, Elsevier, vol. 241(C), pages 519-539.
    5. Shine, P. & Scully, T. & Upton, J. & Murphy, M.D., 2019. "Annual electricity consumption prediction and future expansion analysis on dairy farms using a support vector machine," Applied Energy, Elsevier, vol. 250(C), pages 1110-1119.
    6. Chen, Min-Rong & Zeng, Guo-Qiang & Lu, Kang-Di, 2019. "Constrained multi-objective population extremal optimization based economic-emission dispatch incorporating renewable energy resources," Renewable Energy, Elsevier, vol. 143(C), pages 277-294.
    7. Wang, Jianzhou & Zhang, Linyue & Li, Zhiwu, 2022. "Interval forecasting system for electricity load based on data pre-processing strategy and multi-objective optimization algorithm," Applied Energy, Elsevier, vol. 305(C).
    8. Yang, YouLong & Che, JinXing & Li, YanYing & Zhao, YanJun & Zhu, SuLing, 2016. "An incremental electric load forecasting model based on support vector regression," Energy, Elsevier, vol. 113(C), pages 796-808.
    9. Yang, Dongchuan & Guo, Ju-e & Sun, Shaolong & Han, Jing & Wang, Shouyang, 2022. "An interval decomposition-ensemble approach with data-characteristic-driven reconstruction for short-term load forecasting," Applied Energy, Elsevier, vol. 306(PA).
    10. Yang, Qiuling & Deng, Changhong & Chang, Xiqiang, 2022. "Ultra-short-term / short-term wind speed prediction based on improved singular spectrum analysis," Renewable Energy, Elsevier, vol. 184(C), pages 36-44.
    11. Kazemzadeh, Mohammad-Rasool & Amjadian, Ali & Amraee, Turaj, 2020. "A hybrid data mining driven algorithm for long term electric peak load and energy demand forecasting," Energy, Elsevier, vol. 204(C).
    12. Liang, Yi & Niu, Dongxiao & Hong, Wei-Chiang, 2019. "Short term load forecasting based on feature extraction and improved general regression neural network model," Energy, Elsevier, vol. 166(C), pages 653-663.
    13. Jamil, Rehan, 2020. "Hydroelectricity consumption forecast for Pakistan using ARIMA modeling and supply-demand analysis for the year 2030," Renewable Energy, Elsevier, vol. 154(C), pages 1-10.
    14. Fortes, Patrícia & Simoes, Sofia G. & Amorim, Filipa & Siggini, Gildas & Sessa, Valentina & Saint-Drenan, Yves-Marie & Carvalho, Sílvia & Mujtaba, Babar & Diogo, Paulo & Assoumou, Edi, 2022. "How sensitive is a carbon-neutral power sector to climate change? The interplay between hydro, solar and wind for Portugal," Energy, Elsevier, vol. 239(PB).
    15. Bianco, Vincenzo & Manca, Oronzio & Nardini, Sergio, 2009. "Electricity consumption forecasting in Italy using linear regression models," Energy, Elsevier, vol. 34(9), pages 1413-1421.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tian, Zhirui & Gai, Mei, 2023. "A novel hybrid wind speed prediction framework based on multi-strategy improved optimizer and new data pre-processing system with feedback mechanism," Energy, Elsevier, vol. 281(C).
    2. Niu, Xinsong & Wang, Jiyang & Wei, Danxiang & Zhang, Lifang, 2022. "A combined forecasting framework including point prediction and interval prediction for carbon emission trading prices," Renewable Energy, Elsevier, vol. 201(P1), pages 46-59.
    3. Yu, Yang & Wu, Shibo & Yu, Jianxing & Xu, Ya & Song, Lin & Xu, Weipeng, 2022. "A hybrid multi-criteria decision-making framework for offshore wind turbine selection: A case study in China," Applied Energy, Elsevier, vol. 328(C).
    4. Xiuting Guo & Changsheng Zhu & Jie Hao & Lingjie Kong & Shengcai Zhang, 2023. "A Point-Interval Forecasting Method for Wind Speed Using Improved Wild Horse Optimization Algorithm and Ensemble Learning," Sustainability, MDPI, vol. 16(1), pages 1-26, December.
    5. Wang, Jianzhou & Xing, Qianyi & Zeng, Bo & Zhao, Weigang, 2022. "An ensemble forecasting system for short-term power load based on multi-objective optimizer and fuzzy granulation," Applied Energy, Elsevier, vol. 327(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Jianzhou & Gao, Jialu & Wei, Danxiang, 2022. "Electric load prediction based on a novel combined interval forecasting system," Applied Energy, Elsevier, vol. 322(C).
    2. Hu, Yusha & Li, Jigeng & Hong, Mengna & Ren, Jingzheng & Man, Yi, 2022. "Industrial artificial intelligence based energy management system: Integrated framework for electricity load forecasting and fault prediction," Energy, Elsevier, vol. 244(PB).
    3. Talaat, M. & Farahat, M.A. & Mansour, Noura & Hatata, A.Y., 2020. "Load forecasting based on grasshopper optimization and a multilayer feed-forward neural network using regressive approach," Energy, Elsevier, vol. 196(C).
    4. Du, Pei & Guo, Ju'e & Sun, Shaolong & Wang, Shouyang & Wu, Jing, 2022. "A novel two-stage seasonal grey model for residential electricity consumption forecasting," Energy, Elsevier, vol. 258(C).
    5. Saima Akhtar & Sulman Shahzad & Asad Zaheer & Hafiz Sami Ullah & Heybet Kilic & Radomir Gono & Michał Jasiński & Zbigniew Leonowicz, 2023. "Short-Term Load Forecasting Models: A Review of Challenges, Progress, and the Road Ahead," Energies, MDPI, vol. 16(10), pages 1-29, May.
    6. Wang, Jianzhou & Wang, Shuai & Zeng, Bo & Lu, Haiyan, 2022. "A novel ensemble probabilistic forecasting system for uncertainty in wind speed," Applied Energy, Elsevier, vol. 313(C).
    7. Zhu, Jizhong & Dong, Hanjiang & Zheng, Weiye & Li, Shenglin & Huang, Yanting & Xi, Lei, 2022. "Review and prospect of data-driven techniques for load forecasting in integrated energy systems," Applied Energy, Elsevier, vol. 321(C).
    8. Ai, Chunyu & He, Shan & Fan, Xiaochao & Wang, Weiqing, 2023. "Chaotic time series wind power prediction method based on OVMD-PE and improved multi-objective state transition algorithm," Energy, Elsevier, vol. 278(C).
    9. Malekizadeh, M. & Karami, H. & Karimi, M. & Moshari, A. & Sanjari, M.J., 2020. "Short-term load forecast using ensemble neuro-fuzzy model," Energy, Elsevier, vol. 196(C).
    10. Wang, Qiang & Song, Xiaoxin, 2019. "Forecasting China's oil consumption: A comparison of novel nonlinear-dynamic grey model (GM), linear GM, nonlinear GM and metabolism GM," Energy, Elsevier, vol. 183(C), pages 160-171.
    11. Chen, Hai-Bao & Pei, Ling-Ling & Zhao, Yu-Feng, 2021. "Forecasting seasonal variations in electricity consumption and electricity usage efficiency of industrial sectors using a grey modeling approach," Energy, Elsevier, vol. 222(C).
    12. Yang, Dongchuan & Guo, Ju-e & Li, Yanzhao & Sun, Shaolong & Wang, Shouyang, 2023. "Short-term load forecasting with an improved dynamic decomposition-reconstruction-ensemble approach," Energy, Elsevier, vol. 263(PA).
    13. Wang, Jianzhou & Xing, Qianyi & Zeng, Bo & Zhao, Weigang, 2022. "An ensemble forecasting system for short-term power load based on multi-objective optimizer and fuzzy granulation," Applied Energy, Elsevier, vol. 327(C).
    14. Rafati, Amir & Joorabian, Mahmood & Mashhour, Elaheh, 2020. "An efficient hour-ahead electrical load forecasting method based on innovative features," Energy, Elsevier, vol. 201(C).
    15. Guo‐Feng Fan & Yan‐Hui Guo & Jia‐Mei Zheng & Wei‐Chiang Hong, 2020. "A generalized regression model based on hybrid empirical mode decomposition and support vector regression with back‐propagation neural network for mid‐short‐term load forecasting," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 39(5), pages 737-756, August.
    16. Yechi Zhang & Jianzhou Wang & Haiyan Lu, 2019. "Research and Application of a Novel Combined Model Based on Multiobjective Optimization for Multistep-Ahead Electric Load Forecasting," Energies, MDPI, vol. 12(10), pages 1-27, May.
    17. Dai, Yeming & Zhao, Pei, 2020. "A hybrid load forecasting model based on support vector machine with intelligent methods for feature selection and parameter optimization," Applied Energy, Elsevier, vol. 279(C).
    18. Tavassoli-Hojati, Z. & Ghaderi, S.F. & Iranmanesh, H. & Hilber, P. & Shayesteh, E., 2020. "A self-partitioning local neuro fuzzy model for short-term load forecasting in smart grids," Energy, Elsevier, vol. 199(C).
    19. Ibrahim Salem Jahan & Vaclav Snasel & Stanislav Misak, 2020. "Intelligent Systems for Power Load Forecasting: A Study Review," Energies, MDPI, vol. 13(22), pages 1-12, November.
    20. Li, Chen, 2020. "Designing a short-term load forecasting model in the urban smart grid system," Applied Energy, Elsevier, vol. 266(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:314:y:2022:i:c:s0306261922003579. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.