IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i22p7533-d676822.html
   My bibliography  Save this article

Comparison of Baseline Load Forecasting Methodologies for Active and Reactive Power Demand

Author

Listed:
  • Edgar Segovia

    (School of Social Sciences, Humanities and Law, Teesside University, Middlesbrough TS1 3BX, UK
    School of Computing, Engineering and Digital Technologies, Teesside University, Middlesbrough TS1 3BX, UK)

  • Vladimir Vukovic

    (School of Computing, Engineering and Digital Technologies, Teesside University, Middlesbrough TS1 3BX, UK)

  • Tommaso Bragatto

    (ASM Terni S.p.A., 05100 Terni, Italy)

Abstract

Forecasting the electricity consumption is an essential activity to keep the grid stable and avoid problems in the devices connected to the grid. Equaling consumption to electricity production is crucial in the electricity market. The grids worldwide use different methodologies to predict the demand, in order to keep the grid stable, but is there any difference between making a short time prediction of active power and reactive power into the grid? The current paper analyzes the most usual forecasting algorithms used in the electrical grids: ‘X of Y’, weighted average, comparable day, and regression. The subjects of the study were 36 different buildings in Terni, Italy. The data supplied for Terni buildings was split into active and reactive power demand to the grid. The presented approach gives the possibility to apply the forecasting algorithm in order to predict the active and reactive power and then compare the discrepancy (error) associated with forecasting methodologies. In this paper, we compare the forecasting methodologies using MAPE and CVRMSE. All the algorithms show clear differences between the reactive and active power baseline accuracy. ‘Addition X of Y middle’ and ‘Addition Weighted average’ better follow the pattern of the reactive power demand (the prediction CVRMSE error is between 12.56% and 13.19%) while ‘Multiplication X of Y high’ and ‘Multiplication X of Y middle’ better predict the active power demand (the prediction CVRMSE error is between 12.90% and 15.08%).

Suggested Citation

  • Edgar Segovia & Vladimir Vukovic & Tommaso Bragatto, 2021. "Comparison of Baseline Load Forecasting Methodologies for Active and Reactive Power Demand," Energies, MDPI, vol. 14(22), pages 1-14, November.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:22:p:7533-:d:676822
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/22/7533/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/14/22/7533/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jiayi, Huang & Chuanwen, Jiang & Rong, Xu, 2008. "A review on distributed energy resources and MicroGrid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(9), pages 2472-2483, December.
    2. Germán Ramos Ruiz & Carlos Fernández Bandera, 2017. "Validation of Calibrated Energy Models: Common Errors," Energies, MDPI, vol. 10(10), pages 1-19, October.
    3. Taylor, James W., 2010. "Triple seasonal methods for short-term electricity demand forecasting," European Journal of Operational Research, Elsevier, vol. 204(1), pages 139-152, July.
    4. Walawalkar, Rahul & Blumsack, Seth & Apt, Jay & Fernands, Stephen, 2008. "An economic welfare analysis of demand response in the PJM electricity market," Energy Policy, Elsevier, vol. 36(10), pages 3692-3702, October.
    5. Chris Tofallis, 2015. "A better measure of relative prediction accuracy for model selection and model estimation," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 66(8), pages 1352-1362, August.
    6. Ciulla, G. & D'Amico, A., 2019. "Building energy performance forecasting: A multiple linear regression approach," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    7. Chen, Yongbao & Xu, Peng & Chu, Yiyi & Li, Weilin & Wu, Yuntao & Ni, Lizhou & Bao, Yi & Wang, Kun, 2017. "Short-term electrical load forecasting using the Support Vector Regression (SVR) model to calculate the demand response baseline for office buildings," Applied Energy, Elsevier, vol. 195(C), pages 659-670.
    8. Chris Tofallis, 2015. "A better measure of relative prediction accuracy for model selection and model estimation," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 66(3), pages 524-524, March.
    9. France Krizanic & Zan Jan Oplotnik, 2014. "Analysis of the Energy Market Operator Activity in Eight European Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 716-725.
    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. Dong, Hanjiang & Zhu, Jizhong & Li, Shenglin & Wu, Wanli & Zhu, Haohao & Fan, Junwei, 2023. "Short-term residential household reactive power forecasting considering active power demand via deep Transformer sequence-to-sequence networks," Applied Energy, Elsevier, vol. 329(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. Vasile Brătian & Ana-Maria Acu & Camelia Oprean-Stan & Emil Dinga & Gabriela-Mariana Ionescu, 2021. "Efficient or Fractal Market Hypothesis? A Stock Indexes Modelling Using Geometric Brownian Motion and Geometric Fractional Brownian Motion," Mathematics, MDPI, vol. 9(22), pages 1-20, November.
    2. Rahman A. Prasojo & Karunika Diwyacitta & Suwarno & Harry Gumilang, 2017. "Transformer Paper Expected Life Estimation Using ANFIS Based on Oil Characteristics and Dissolved Gases (Case Study: Indonesian Transformers)," Energies, MDPI, vol. 10(8), pages 1-18, August.
    3. Díaz, Guzmán & Coto, José & Gómez-Aleixandre, Javier, 2019. "Prediction and explanation of the formation of the Spanish day-ahead electricity price through machine learning regression," Applied Energy, Elsevier, vol. 239(C), pages 610-625.
    4. Kayode Ayankoya & Andre P. Calitz & Jean H. Greyling, 2016. "Real-Time Grain Commodities Price Predictions in South Africa: A Big Data and Neural Networks Approach," Agrekon, Taylor & Francis Journals, vol. 55(4), pages 483-508, October.
    5. Stetco, Adrian & Dinmohammadi, Fateme & Zhao, Xingyu & Robu, Valentin & Flynn, David & Barnes, Mike & Keane, John & Nenadic, Goran, 2019. "Machine learning methods for wind turbine condition monitoring: A review," Renewable Energy, Elsevier, vol. 133(C), pages 620-635.
    6. Tuttle, Jacob F. & Blackburn, Landen D. & Andersson, Klas & Powell, Kody M., 2021. "A systematic comparison of machine learning methods for modeling of dynamic processes applied to combustion emission rate modeling," Applied Energy, Elsevier, vol. 292(C).
    7. Kim, Sungil & Kim, Heeyoung, 2016. "A new metric of absolute percentage error for intermittent demand forecasts," International Journal of Forecasting, Elsevier, vol. 32(3), pages 669-679.
    8. Marijana Zekić-Sušac & Marinela Knežević & Rudolf Scitovski, 2021. "Modeling the cost of energy in public sector buildings by linear regression and deep learning," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 29(1), pages 307-322, March.
    9. Guo, Wei & Liu, Qingfu & Luo, Zhidan & Tse, Yiuman, 2022. "Forecasts for international financial series with VMD algorithms," Journal of Asian Economics, Elsevier, vol. 80(C).
    10. Michael S. O’Donnell & Daniel J. Manier, 2022. "Spatial Estimates of Soil Moisture for Understanding Ecological Potential and Risk: A Case Study for Arid and Semi-Arid Ecosystems," Land, MDPI, vol. 11(10), pages 1-37, October.
    11. Man Sing Wong & Tingneng Wang & Hung Chak Ho & Coco Y. T. Kwok & Keru Lu & Sawaid Abbas, 2018. "Towards a Smart City: Development and Application of an Improved Integrated Environmental Monitoring System," Sustainability, MDPI, vol. 10(3), pages 1-16, February.
    12. Zekić-Sušac Marijana & Scitovski Rudolf & Has Adela, 2018. "Cluster analysis and artificial neural networks in predicting energy efficiency of public buildings as a cost-saving approach," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 4(2), pages 57-66, November.
    13. Paolo Berta & Paolo Paruolo & Stefano Verzillo & Pietro Giorgio Lovaglio, 2020. "A bivariate prediction approach for adapting the health care system response to the spread of COVID-19," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-14, October.
    14. Lee, Juyong & Cho, Youngsang, 2022. "National-scale electricity peak load forecasting: Traditional, machine learning, or hybrid model?," Energy, Elsevier, vol. 239(PD).
    15. Shivaram Subramanian & Pavithra Harsha, 2021. "Demand Modeling in the Presence of Unobserved Lost Sales," Management Science, INFORMS, vol. 67(6), pages 3803-3833, June.
    16. Agnese Maria Di Brisco & Enea Giuseppe Bongiorno & Aldo Goia & Sonia Migliorati, 2023. "Bayesian flexible beta regression model with functional covariate," Computational Statistics, Springer, vol. 38(2), pages 623-645, June.
    17. Ming Yin & Feiya Lu & Xingxuan Zhuo & Wangzi Yao & Jialong Liu & Jijiao Jiang, 2024. "Prediction of daily tourism volume based on maximum correlation minimum redundancy feature selection and long short‐term memory network," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 43(2), pages 344-365, March.
    18. Guo, Lin & Zhang, Ben, 2019. "Mining structural influence to analyze relationships in social network," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 523(C), pages 301-309.
    19. Wen, Xin & Jaxa-Rozen, Marc & Trutnevyte, Evelina, 2022. "Accuracy indicators for evaluating retrospective performance of energy system models," Applied Energy, Elsevier, vol. 325(C).
    20. Warwick Smith & Anca M. Hanea & Mark A. Burgman, 2022. "Can Groups Improve Expert Economic and Financial Forecasts?," Forecasting, MDPI, vol. 4(3), pages 1-18, August.

    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:gam:jeners:v:14:y:2021:i:22:p:7533-:d:676822. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.