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Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Improved Cuckoo Search

Author

Listed:
  • Yi Liang

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Dongxiao Niu

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Minquan Ye

    (School of Economics and Management, North China Electric Power University, Baoding 071003, China)

  • Wei-Chiang Hong

    (Department of Information Management, Oriental Institute of Technology, New Taipei 220, Taiwan)

Abstract

Due to the electricity market deregulation and integration of renewable resources, electrical load forecasting is becoming increasingly important for the Chinese government in recent years. The electric load cannot be exactly predicted only by a single model, because the short-term electric load is disturbed by several external factors, leading to the characteristics of volatility and instability. To end this, this paper proposes a hybrid model based on wavelet transform (WT) and least squares support vector machine (LSSVM), which is optimized by an improved cuckoo search (CS). To improve the accuracy of prediction, the WT is used to eliminate the high frequency components of the previous day’s load data. Additional, the Gauss disturbance is applied to the process of establishing new solutions based on CS to improve the convergence speed and search ability. Finally, the parameters of the LSSVM model are optimized by using the improved cuckoo search. According to the research outcome, the result of the implementation demonstrates that the hybrid model can be used in the short-term forecasting of the power system.

Suggested Citation

  • Yi Liang & Dongxiao Niu & Minquan Ye & Wei-Chiang Hong, 2016. "Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Improved Cuckoo Search," Energies, MDPI, vol. 9(10), pages 1-17, October.
    • Handle: RePEc:gam:jeners:v:9:y:2016:i:10:p:827-:d:80658
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    References listed on IDEAS

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    Cited by:

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    2. Dongxiao Niu & Weibo Zhao & Si Li & Rongjun Chen, 2018. "Cost Forecasting of Substation Projects Based on Cuckoo Search Algorithm and Support Vector Machines," Sustainability, MDPI, vol. 10(1), pages 1-11, January.
    3. Yancai Xiao & Ruolan Dai & Guangjian Zhang & Weijia Chen, 2017. "The Use of an Improved LSSVM and Joint Normalization on Temperature Prediction of Gearbox Output Shaft in DFWT," Energies, MDPI, vol. 10(11), pages 1-13, November.
    4. Yue-Gang Song & Yu-Long Zhou & Ren-Jie Han, 2018. "Neural networks for stock price prediction," Papers 1805.11317, arXiv.org.
    5. Liang, Yi & Niu, Dongxiao & Hong, Wei-Chiang, 2019. "Short term load forecasting based on feature extraction and improved general regression neural network model," Energy, Elsevier, vol. 166(C), pages 653-663.
    6. Jin-peng Liu & Chang-ling Li, 2017. "The Short-Term Power Load Forecasting Based on Sperm Whale Algorithm and Wavelet Least Square Support Vector Machine with DWT-IR for Feature Selection," Sustainability, MDPI, vol. 9(7), pages 1-20, July.
    7. Chengshi Tian & Yan Hao, 2018. "A Novel Nonlinear Combined Forecasting System for Short-Term Load Forecasting," Energies, MDPI, vol. 11(4), pages 1-34, March.
    8. Xing Zhang, 2018. "Short-Term Load Forecasting for Electric Bus Charging Stations Based on Fuzzy Clustering and Least Squares Support Vector Machine Optimized by Wolf Pack Algorithm," Energies, MDPI, vol. 11(6), pages 1-18, June.
    9. Yi Liang & Haichao Wang, 2021. "Using Improved SPA and ICS-LSSVM for Sustainability Assessment of PV Industry along the Belt and Road," Energies, MDPI, vol. 14(12), pages 1-19, June.
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    11. Ibrahim Salem Jahan & Vaclav Snasel & Stanislav Misak, 2020. "Intelligent Systems for Power Load Forecasting: A Study Review," Energies, MDPI, vol. 13(22), pages 1-12, November.

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