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Prediction of energy consumption and risk of excess demand in a distribution system

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  • Thaler, Marko
  • Grabec, Igor
  • Poredoš, Alojz

Abstract

An empirical model for prediction of energy consumption in a distribution system is described. The model resembles a normalized radial basis function neural network whose neurons contain prototype joint data about the consumption process and the environment. A set of prototype patterns of consumption and environmental variables is formed from a record of a multi-component time series by a self-organized process. Prediction of energy consumption is performed by a conditional average estimator based upon known prototype patterns and given future values of environmental variables. Importance of these variables for the prediction is determined by a genetic algorithm. Prediction performance of the model is tested on a one-year-long consumption record of a gas distribution system. Prediction error is determined by the difference between predicted and actually observed consumption. Its value depends on time and amounts to a few percent of the actual consumption. The probability distribution of prediction error is estimated from a properly selected time interval of prediction. This distribution can be used to estimate the risk of energy demand beyond some prescribed value. For an optimization of the distribution process, a cost function that includes operation and control costs of a distribution system as well as penalties related to excess energy demand is proposed. Its minimum corresponds to an economically optimal energy distribution.

Suggested Citation

  • Thaler, Marko & Grabec, Igor & Poredoš, Alojz, 2005. "Prediction of energy consumption and risk of excess demand in a distribution system," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 355(1), pages 46-53.
  • Handle: RePEc:eee:phsmap:v:355:y:2005:i:1:p:46-53
    DOI: 10.1016/j.physa.2005.02.066
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    Citations

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    Cited by:

    1. Jean Gaston Tamba & Salom Ndjakomo Essiane & Emmanuel Flavian Sapnken & Francis Djanna Koffi & Jean Luc Nsouand l & Bozidar Soldo & Donatien Njomo, 2018. "Forecasting Natural Gas: A Literature Survey," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 216-249.
    2. Soldo, Božidar, 2012. "Forecasting natural gas consumption," Applied Energy, Elsevier, vol. 92(C), pages 26-37.
    3. Ravnik, J. & Hriberšek, M., 2019. "A method for natural gas forecasting and preliminary allocation based on unique standard natural gas consumption profiles," Energy, Elsevier, vol. 180(C), pages 149-162.
    4. Yu, Weichao & Gong, Jing & Song, Shangfei & Huang, Weihe & Li, Yichen & Zhang, Jie & Hong, Bingyuan & Zhang, Ye & Wen, Kai & Duan, Xu, 2019. "Gas supply reliability analysis of a natural gas pipeline system considering the effects of underground gas storages," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    5. Yu, Weichao & Song, Shangfei & Li, Yichen & Min, Yuan & Huang, Weihe & Wen, Kai & Gong, Jing, 2018. "Gas supply reliability assessment of natural gas transmission pipeline systems," Energy, Elsevier, vol. 162(C), pages 853-870.
    6. Potocnik, Primoz & Thaler, Marko & Govekar, Edvard & Grabec, Igor & Poredos, Alojz, 2007. "Forecasting risks of natural gas consumption in Slovenia," Energy Policy, Elsevier, vol. 35(8), pages 4271-4282, August.
    7. Özmen, Ayşe & Yılmaz, Yavuz & Weber, Gerhard-Wilhelm, 2018. "Natural gas consumption forecast with MARS and CMARS models for residential users," Energy Economics, Elsevier, vol. 70(C), pages 357-381.
    8. Ayşe Özmen, 2023. "Sparse regression modeling for short- and long‐term natural gas demand prediction," Annals of Operations Research, Springer, vol. 322(2), pages 921-946, March.

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