IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v50y2015icp1352-1372.html
   My bibliography  Save this article

A review on artificial intelligence based load demand forecasting techniques for smart grid and buildings

Author

Listed:
  • Raza, Muhammad Qamar
  • Khosravi, Abbas

Abstract

Electrical load forecasting plays a vital role in order to achieve the concept of next generation power system such as smart grid, efficient energy management and better power system planning. As a result, high forecast accuracy is required for multiple time horizons that are associated with regulation, dispatching, scheduling and unit commitment of power grid. Artificial Intelligence (AI) based techniques are being developed and deployed worldwide in on Varity of applications, because of its superior capability to handle the complex input and output relationship. This paper provides the comprehensive and systematic literature review of Artificial Intelligence based short term load forecasting techniques. The major objective of this study is to review, identify, evaluate and analyze the performance of Artificial Intelligence (AI) based load forecast models and research gaps. The accuracy of ANN based forecast model is found to be dependent on number of parameters such as forecast model architecture, input combination, activation functions and training algorithm of the network and other exogenous variables affecting on forecast model inputs. Published literature presented in this paper show the potential of AI techniques for effective load forecasting in order to achieve the concept of smart grid and buildings.

Suggested Citation

  • Raza, Muhammad Qamar & Khosravi, Abbas, 2015. "A review on artificial intelligence based load demand forecasting techniques for smart grid and buildings," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1352-1372.
    • Handle: RePEc:eee:rensus:v:50:y:2015:i:c:p:1352-1372
    DOI: 10.1016/j.rser.2015.04.065
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032115003354
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2015.04.065?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. Hahn, Heiko & Meyer-Nieberg, Silja & Pickl, Stefan, 2009. "Electric load forecasting methods: Tools for decision making," European Journal of Operational Research, Elsevier, vol. 199(3), pages 902-907, December.
    2. Javed, Fahad & Arshad, Naveed & Wallin, Fredrik & Vassileva, Iana & Dahlquist, Erik, 2012. "Forecasting for demand response in smart grids: An analysis on use of anthropologic and structural data and short term multiple loads forecasting," Applied Energy, Elsevier, vol. 96(C), pages 150-160.
    3. Cruz E. Borges & Yoseba K. Penya & Iván Fernández & Juan Prieto & Oscar Bretos, 2013. "Assessing Tolerance-Based Robust Short-Term Load Forecasting in Buildings," Energies, MDPI, vol. 6(4), pages 1-20, April.
    4. McCullagh, Peter, 1984. "Generalized linear models," European Journal of Operational Research, Elsevier, vol. 16(3), pages 285-292, June.
    5. Tripathi, M.M. & Upadhyay, K.G. & Singh, S.N., 2008. "Short-Term Load Forecasting Using Generalized Regression and Probabilistic Neural Networks in the Electricity Market," The Electricity Journal, Elsevier, vol. 21(9), pages 24-34, November.
    6. Justo, Jackson John & Mwasilu, Francis & Lee, Ju & Jung, Jin-Woo, 2013. "AC-microgrids versus DC-microgrids with distributed energy resources: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 387-405.
    7. Palizban, Omid & Kauhaniemi, Kimmo & Guerrero, Josep M., 2014. "Microgrids in active network management—Part I: Hierarchical control, energy storage, virtual power plants, and market participation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 36(C), pages 428-439.
    8. Wang, Jianjun & Li, Li & Niu, Dongxiao & Tan, Zhongfu, 2012. "An annual load forecasting model based on support vector regression with differential evolution algorithm," Applied Energy, Elsevier, vol. 94(C), pages 65-70.
    9. Amjady, N. & Keynia, F., 2009. "Short-term load forecasting of power systems by combination of wavelet transform and neuro-evolutionary algorithm," Energy, Elsevier, vol. 34(1), pages 46-57.
    10. Zhang, Guoqiang & Eddy Patuwo, B. & Y. Hu, Michael, 1998. "Forecasting with artificial neural networks:: The state of the art," International Journal of Forecasting, Elsevier, vol. 14(1), pages 35-62, March.
    Full references (including those not matched with items on IDEAS)

    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. Li, Song & Goel, Lalit & Wang, Peng, 2016. "An ensemble approach for short-term load forecasting by extreme learning machine," Applied Energy, Elsevier, vol. 170(C), pages 22-29.
    2. Ping-Huan Kuo & Chiou-Jye Huang, 2018. "A High Precision Artificial Neural Networks Model for Short-Term Energy Load Forecasting," Energies, MDPI, vol. 11(1), pages 1-13, January.
    3. Xiao, Liye & Shao, Wei & Liang, Tulu & Wang, Chen, 2016. "A combined model based on multiple seasonal patterns and modified firefly algorithm for electrical load forecasting," Applied Energy, Elsevier, vol. 167(C), pages 135-153.
    4. Hirsch, Adam & Parag, Yael & Guerrero, Josep, 2018. "Microgrids: A review of technologies, key drivers, and outstanding issues," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 402-411.
    5. Miguel Carpintero-Rentería & David Santos-Martín & Josep M. Guerrero, 2019. "Microgrids Literature Review through a Layers Structure," Energies, MDPI, vol. 12(22), pages 1-22, November.
    6. Bouzid, Allal M. & Guerrero, Josep M. & Cheriti, Ahmed & Bouhamida, Mohamed & Sicard, Pierre & Benghanem, Mustapha, 2015. "A survey on control of electric power distributed generation systems for microgrid applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 751-766.
    7. He, Yaoyao & Xu, Qifa & Wan, Jinhong & Yang, Shanlin, 2016. "Short-term power load probability density forecasting based on quantile regression neural network and triangle kernel function," Energy, Elsevier, vol. 114(C), pages 498-512.
    8. Clements, A.E. & Hurn, A.S. & Li, Z., 2016. "Forecasting day-ahead electricity load using a multiple equation time series approach," European Journal of Operational Research, Elsevier, vol. 251(2), pages 522-530.
    9. Che, JinXing & Wang, JianZhou, 2014. "Short-term load forecasting using a kernel-based support vector regression combination model," Applied Energy, Elsevier, vol. 132(C), pages 602-609.
    10. Antonopoulos, Ioannis & Robu, Valentin & Couraud, Benoit & Kirli, Desen & Norbu, Sonam & Kiprakis, Aristides & Flynn, David & Elizondo-Gonzalez, Sergio & Wattam, Steve, 2020. "Artificial intelligence and machine learning approaches to energy demand-side response: A systematic review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 130(C).
    11. Li, Wei-Qin & Chang, Li, 2018. "A combination model with variable weight optimization for short-term electrical load forecasting," Energy, Elsevier, vol. 164(C), pages 575-593.
    12. Tulin Guzel & Hakan Cinar & Mehmet Nabi Cenet & Kamil Doruk Oguz & Ahmet Yucekaya & Mustafa Hekimoglu, 2023. "A Framework to Forecast Electricity Consumption of Meters using Automated Ranking and Data Preprocessing," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 179-193, September.
    13. Xiao, Liye & Shao, Wei & Wang, Chen & Zhang, Kequan & Lu, Haiyan, 2016. "Research and application of a hybrid model based on multi-objective optimization for electrical load forecasting," Applied Energy, Elsevier, vol. 180(C), pages 213-233.
    14. Hasnain Iftikhar & Nadeela Bibi & Paulo Canas Rodrigues & Javier Linkolk López-Gonzales, 2023. "Multiple Novel Decomposition Techniques for Time Series Forecasting: Application to Monthly Forecasting of Electricity Consumption in Pakistan," Energies, MDPI, vol. 16(6), pages 1-17, March.
    15. Palizban, Omid & Kauhaniemi, Kimmo & Guerrero, Josep M., 2014. "Microgrids in active network management – part II: System operation, power quality and protection," Renewable and Sustainable Energy Reviews, Elsevier, vol. 36(C), pages 440-451.
    16. Ali K k & Erg n Y kseltan & Mustafa Hekimo lu & Esra Agca Aktunc & Ahmet Y cekaya & Ay e Bilge, 2022. "Forecasting Hourly Electricity Demand Under COVID-19 Restrictions," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 73-85.
    17. Zhaorui Meng & Xianze Xu, 2019. "A Hybrid Short-Term Load Forecasting Framework with an Attention-Based Encoder–Decoder Network Based on Seasonal and Trend Adjustment," Energies, MDPI, vol. 12(24), pages 1-14, December.
    18. A. Rahman, Hasimah & Majid, Md. Shah & Rezaee Jordehi, A. & Chin Kim, Gan & Hassan, Mohammad Yusri & O. Fadhl, Saeed, 2015. "Operation and control strategies of integrated distributed energy resources: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1412-1420.
    19. Ashfaq Ahmad & Nadeem Javaid & Abdul Mateen & Muhammad Awais & Zahoor Ali Khan, 2019. "Short-Term Load Forecasting in Smart Grids: An Intelligent Modular Approach," Energies, MDPI, vol. 12(1), pages 1-21, January.
    20. Palizban, Omid & Kauhaniemi, Kimmo, 2015. "Hierarchical control structure in microgrids with distributed generation: Island and grid-connected mode," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 797-813.

    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:rensus:v:50:y:2015:i:c:p:1352-1372. 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/600126/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.