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Evaluation of time series techniques to characterise domestic electricity demand

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  • McLoughlin, Fintan
  • Duffy, Aidan
  • Conlon, Michael

Abstract

This paper discusses time series approaches, often used by Transmission System Operators (TSOs) to forecast system demand, and applies them at an individual dwelling level. In particular, two techniques, Fourier transforms and Gaussian processes were evaluated and used to characterise individual household electricity demand. The performance of the characterisation approaches were evaluated based on Pearson correlation coefficient, descriptive statistics and paired sample t-tests for electrical parameters: Total Electricity Consumption, Maximum Demand, Load Factor and Time of Use of maximum electricity demand. Finally, a number of time series tests were carried out to ensure certain properties remained between the original and characterised series.

Suggested Citation

  • McLoughlin, Fintan & Duffy, Aidan & Conlon, Michael, 2013. "Evaluation of time series techniques to characterise domestic electricity demand," Energy, Elsevier, vol. 50(C), pages 120-130.
    • Handle: RePEc:eee:energy:v:50:y:2013:i:c:p:120-130
    DOI: 10.1016/j.energy.2012.11.048
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    References listed on IDEAS

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