IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i20p7584-d942138.html
   My bibliography  Save this article

Hybrid LSTM–BPNN-to-BPNN Model Considering Multi-Source Information for Forecasting Medium- and Long-Term Electricity Peak Load

Author

Listed:
  • Bingjie Jin

    (Power Grid Planning Center of Guangdong Power Grid Company, Guangzhou 510080, China)

  • Guihua Zeng

    (School of Electric Power Engineering, South China University of Technology, Guangzhou 510640, China)

  • Zhilin Lu

    (Energy Development Research Institute, China Southern Power Grid, Guangzhou 510663, China)

  • Hongqiao Peng

    (Power Grid Planning Center of Guangdong Power Grid Company, Guangzhou 510080, China)

  • Shuxin Luo

    (Power Grid Planning Center of Guangdong Power Grid Company, Guangzhou 510080, China)

  • Xinhe Yang

    (Energy Development Research Institute, China Southern Power Grid, Guangzhou 510663, China)

  • Haojun Zhu

    (Energy Development Research Institute, China Southern Power Grid, Guangzhou 510663, China)

  • Mingbo Liu

    (School of Electric Power Engineering, South China University of Technology, Guangzhou 510640, China)

Abstract

Accurate medium- and long-term electricity peak load forecasting is critical for power system operation, planning, and electricity trading. However, peak load forecasting is challenging because of the complex and nonlinear relationship between peak load and related factors. Here, we propose a hybrid LSTM–BPNN-to-BPNN model combining a long short-term memory network (LSTM) and back propagation neural network (BPNN) to separately extract the features of the historical data and future information. Their outputs are then concatenated to a vector and inputted into the next BPNN model to obtain the final prediction. We further analyze the peak load characteristics for reducing prediction error. To overcome the problem of insufficient annual data for training the model, all the input variables distributed over various time scales are converted into a monthly time scale. The proposed model is then trained to predict the monthly peak load after one year and the maximum value of the monthly peak load is selected as the predicted annual peak load. The comparison results indicate that the proposed method achieves a predictive accuracy superior to that of benchmark models based on a real-world dataset.

Suggested Citation

  • Bingjie Jin & Guihua Zeng & Zhilin Lu & Hongqiao Peng & Shuxin Luo & Xinhe Yang & Haojun Zhu & Mingbo Liu, 2022. "Hybrid LSTM–BPNN-to-BPNN Model Considering Multi-Source Information for Forecasting Medium- and Long-Term Electricity Peak Load," Energies, MDPI, vol. 15(20), pages 1-20, October.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:20:p:7584-:d:942138
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/20/7584/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/15/20/7584/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. 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.
    2. Waqas Ahmad & Nasir Ayub & Tariq Ali & Muhammad Irfan & Muhammad Awais & Muhammad Shiraz & Adam Glowacz, 2020. "Towards Short Term Electricity Load Forecasting Using Improved Support Vector Machine and Extreme Learning Machine," Energies, MDPI, vol. 13(11), pages 1-17, June.
    3. Lee, Juyong & Cho, Youngsang, 2022. "National-scale electricity peak load forecasting: Traditional, machine learning, or hybrid model?," Energy, Elsevier, vol. 239(PD).
    4. Salah Bouktif & Ali Fiaz & Ali Ouni & Mohamed Adel Serhani, 2018. "Optimal Deep Learning LSTM Model for Electric Load Forecasting using Feature Selection and Genetic Algorithm: Comparison with Machine Learning Approaches †," Energies, MDPI, vol. 11(7), pages 1-20, June.
    5. 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.
    6. Rallapalli, Srinivasa Rao & Ghosh, Sajal, 2012. "Forecasting monthly peak demand of electricity in India—A critique," Energy Policy, Elsevier, vol. 45(C), pages 516-520.
    7. Huiting Zheng & Jiabin Yuan & Long Chen, 2017. "Short-Term Load Forecasting Using EMD-LSTM Neural Networks with a Xgboost Algorithm for Feature Importance Evaluation," Energies, MDPI, vol. 10(8), pages 1-20, August.
    8. Bibi Ibrahim & Luis Rabelo, 2021. "A Deep Learning Approach for Peak Load Forecasting: A Case Study on Panama," Energies, MDPI, vol. 14(11), pages 1-26, May.
    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. Bibi Ibrahim & Luis Rabelo & Alfonso T. Sarmiento & Edgar Gutierrez-Franco, 2023. "A Holistic Approach to Power Systems Using Innovative Machine Learning and System Dynamics," Energies, MDPI, vol. 16(13), pages 1-29, July.

    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. Chujie Tian & Jian Ma & Chunhong Zhang & Panpan Zhan, 2018. "A Deep Neural Network Model for Short-Term Load Forecast Based on Long Short-Term Memory Network and Convolutional Neural Network," Energies, MDPI, vol. 11(12), pages 1-13, December.
    2. Jonathan Berrisch & Micha{l} Narajewski & Florian Ziel, 2022. "High-Resolution Peak Demand Estimation Using Generalized Additive Models and Deep Neural Networks," Papers 2203.03342, arXiv.org, revised Nov 2022.
    3. Qiangqiang Cheng & Yiqi Yan & Shichao Liu & Chunsheng Yang & Hicham Chaoui & Mohamad Alzayed, 2020. "Particle Filter-Based Electricity Load Prediction for Grid-Connected Microgrid Day-Ahead Scheduling," Energies, MDPI, vol. 13(24), pages 1-15, December.
    4. Roman V. Klyuev & Irbek D. Morgoev & Angelika D. Morgoeva & Oksana A. Gavrina & Nikita V. Martyushev & Egor A. Efremenkov & Qi Mengxu, 2022. "Methods of Forecasting Electric Energy Consumption: A Literature Review," Energies, MDPI, vol. 15(23), pages 1-33, November.
    5. Ng, Rong Wang & Begam, Kasim Mumtaj & Rajkumar, Rajprasad Kumar & Wong, Yee Wan & Chong, Lee Wai, 2021. "An improved self-organizing incremental neural network model for short-term time-series load prediction," Applied Energy, Elsevier, vol. 292(C).
    6. Thomas Steens & Jan-Simon Telle & Benedikt Hanke & Karsten von Maydell & Carsten Agert & Gian-Luca Di Modica & Bernd Engel & Matthias Grottke, 2021. "A Forecast-Based Load Management Approach for Commercial Buildings Demonstrated on an Integration of BEV," Energies, MDPI, vol. 14(12), pages 1-25, June.
    7. Sen Wang & Yonghui Sun & Yan Zhou & Rabea Jamil Mahfoud & Dongchen Hou, 2019. "A New Hybrid Short-Term Interval Forecasting of PV Output Power Based on EEMD-SE-RVM," Energies, MDPI, vol. 13(1), pages 1-17, December.
    8. Kei Hirose & Keigo Wada & Maiya Hori & Rin-ichiro Taniguchi, 2020. "Event Effects Estimation on Electricity Demand Forecasting," Energies, MDPI, vol. 13(21), pages 1-20, November.
    9. Shahzad Aslam & Nasir Ayub & Umer Farooq & Muhammad Junaid Alvi & Fahad R. Albogamy & Gul Rukh & Syed Irtaza Haider & Ahmad Taher Azar & Rasool Bukhsh, 2021. "Towards Electric Price and Load Forecasting Using CNN-Based Ensembler in Smart Grid," Sustainability, MDPI, vol. 13(22), pages 1-28, November.
    10. Dana-Mihaela Petroșanu & Alexandru Pîrjan, 2020. "Electricity Consumption Forecasting Based on a Bidirectional Long-Short-Term Memory Artificial Neural Network," Sustainability, MDPI, vol. 13(1), pages 1-31, December.
    11. Nahid Sultana & S. M. Zakir Hossain & Salma Hamad Almuhaini & Dilek Düştegör, 2022. "Bayesian Optimization Algorithm-Based Statistical and Machine Learning Approaches for Forecasting Short-Term Electricity Demand," Energies, MDPI, vol. 15(9), pages 1-26, May.
    12. Heung-gu Son & Yunsun Kim & Sahm Kim, 2020. "Time Series Clustering of Electricity Demand for Industrial Areas on Smart Grid," Energies, MDPI, vol. 13(9), pages 1-14, May.
    13. Li, Chuan & Tao, Ying & Ao, Wengang & Yang, Shuai & Bai, Yun, 2018. "Improving forecasting accuracy of daily enterprise electricity consumption using a random forest based on ensemble empirical mode decomposition," Energy, Elsevier, vol. 165(PB), pages 1220-1227.
    14. Wang, Deyun & Yue, Chenqiang & ElAmraoui, Adnen, 2021. "Multi-step-ahead electricity load forecasting using a novel hybrid architecture with decomposition-based error correction strategy," Chaos, Solitons & Fractals, Elsevier, vol. 152(C).
    15. Alexandru Pîrjan & George Căruțașu & Dana-Mihaela Petroșanu, 2018. "Designing, Developing, and Implementing a Forecasting Method for the Produced and Consumed Electricity in the Case of Small Wind Farms Situated on Quite Complex Hilly Terrain," Energies, MDPI, vol. 11(10), pages 1-42, October.
    16. Hadjout, D. & Torres, J.F. & Troncoso, A. & Sebaa, A. & Martínez-Álvarez, F., 2022. "Electricity consumption forecasting based on ensemble deep learning with application to the Algerian market," Energy, Elsevier, vol. 243(C).
    17. Hany Habbak & Mohamed Mahmoud & Khaled Metwally & Mostafa M. Fouda & Mohamed I. Ibrahem, 2023. "Load Forecasting Techniques and Their Applications in Smart Grids," Energies, MDPI, vol. 16(3), pages 1-33, February.
    18. Agbessi Akuété Pierre & Salami Adekunlé Akim & Agbosse Kodjovi Semenyo & Birregah Babiga, 2023. "Peak Electrical Energy Consumption Prediction by ARIMA, LSTM, GRU, ARIMA-LSTM and ARIMA-GRU Approaches," Energies, MDPI, vol. 16(12), pages 1-12, June.
    19. Salah Bouktif & Ali Fiaz & Ali Ouni & Mohamed Adel Serhani, 2019. "Single and Multi-Sequence Deep Learning Models for Short and Medium Term Electric Load Forecasting," Energies, MDPI, vol. 12(1), pages 1-21, January.
    20. Joohyun Jang & Woonyoung Jeong & Sangmin Kim & Byeongcheon Lee & Miyoung Lee & Jihoon Moon, 2023. "RAID: Robust and Interpretable Daily Peak Load Forecasting via Multiple Deep Neural Networks and Shapley Values," Sustainability, MDPI, vol. 15(8), pages 1-27, April.

    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:15:y:2022:i:20:p:7584-:d:942138. 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.