IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v13y2025i10p1584-d1653949.html
   My bibliography  Save this article

SFPFMformer: Short-Term Power Load Forecasting for Proxy Electricity Purchase Based on Feature Optimization and Multiscale Decomposition

Author

Listed:
  • Chengfei Qi

    (Metrology Center of State Grid Jibei Electric Power Co., Ltd., Beijing 100045, China)

  • Yanli Feng

    (College of Artificial Intelligence, Nanjing Agricultural University, Nanjing 211800, China)

  • Junling Wan

    (College of Artificial Intelligence, Nanjing Agricultural University, Nanjing 211800, China
    Labs of Advanced Data Science and Service, Nanjing Agricultural University, Nanjing 211800, China)

  • Xinying Mao

    (College of Artificial Intelligence, Nanjing Agricultural University, Nanjing 211800, China
    Labs of Advanced Data Science and Service, Nanjing Agricultural University, Nanjing 211800, China)

  • Peisen Yuan

    (College of Artificial Intelligence, Nanjing Agricultural University, Nanjing 211800, China
    Labs of Advanced Data Science and Service, Nanjing Agricultural University, Nanjing 211800, China)

Abstract

Short-term load forecasting is important for proxy electricity purchasing in the electricity spot trading market. In this paper, a model SFPFMformer for short-term power load forecasting is proposed to address the issue of balancing accuracy and timeliness. In SFPFMformer, the random forest algorithm is applied to select the most important attributes, which reduces redundant attributes and improves performance and efficiency; then, multiple timescale segmentation is used to extract load data features from multiple time dimensions to learn feature representations at different levels. In addition, fusion time location encoding is adopted in Transformer to ensure that the model can accurately capture time-position information. Finally, we utilize a depthwise separable convolution block to extract features from power load data, which efficiently captures the pattern of change in load. We conducted extensive experiment on real datasets, and the experimental results show that in 4 h prediction, the RMSE, MAE, and MAPE of our model are 1128.69, 803.91, and 2.63%, respectively. For 24 h forecast, the RMSE, MAE and MAPE of our model are 1190.51, 897.26, and 2.97%, respectively. Compared with existing methods, such as Informer, Autoformer, ETSformer, LSTM, and Seq2seq, our model has better precision and time performance for short-term power load forecasting for proxy spot trading.

Suggested Citation

  • Chengfei Qi & Yanli Feng & Junling Wan & Xinying Mao & Peisen Yuan, 2025. "SFPFMformer: Short-Term Power Load Forecasting for Proxy Electricity Purchase Based on Feature Optimization and Multiscale Decomposition," Mathematics, MDPI, vol. 13(10), pages 1-22, May.
  • Handle: RePEc:gam:jmathe:v:13:y:2025:i:10:p:1584-:d:1653949
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/13/10/1584/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7390/13/10/1584/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mobarak Abumohsen & Amani Yousef Owda & Majdi Owda, 2023. "Electrical Load Forecasting Using LSTM, GRU, and RNN Algorithms," Energies, MDPI, vol. 16(5), pages 1-31, February.
    2. Ren, Xiaoxiao & Tian, Xin & Wang, Kai & Yang, Sifan & Chen, Weixiong & Wang, Jinshi, 2025. "Enhanced load forecasting for distributed multi-energy system: A stacking ensemble learning method with deep reinforcement learning and model fusion," Energy, Elsevier, vol. 319(C).
    3. Mei, Shufan & Tan, Qinliang & Trivedi, Anupam & Srinivasan, Dipti, 2024. "A two-step optimization model for virtual power plant participating in spot market based on energy storage power distribution considering comprehensive forecasting error of renewable energy output," Applied Energy, Elsevier, vol. 376(PB).
    4. Songtao Huang & Jun Shen & Qingquan Lv & Qingguo Zhou & Binbin Yong, 2022. "A Novel NODE Approach Combined with LSTM for Short-Term Electricity Load Forecasting," Future Internet, MDPI, vol. 15(1), pages 1-20, December.
    5. Xu, Huifeng & Hu, Feihu & Liang, Xinhao & Zhao, Guoqing & Abugunmi, Mohammad, 2024. "A framework for electricity load forecasting based on attention mechanism time series depthwise separable convolutional neural network," Energy, Elsevier, vol. 299(C).
    6. Rahman, Aowabin & Srikumar, Vivek & Smith, Amanda D., 2018. "Predicting electricity consumption for commercial and residential buildings using deep recurrent neural networks," Applied Energy, Elsevier, vol. 212(C), pages 372-385.
    7. Yungao Wu & Jing Wu & Gejirifu De, 2022. "Research on Trading Optimization Model of Virtual Power Plant in Medium- and Long-Term Market," Energies, MDPI, vol. 15(3), pages 1-17, January.
    8. Tayfun Uyanık & Nur Najihah Abu Bakar & Özcan Kalenderli & Yasin Arslanoğlu & Josep M. Guerrero & Abderezak Lashab, 2023. "A Data-Driven Approach for Generator Load Prediction in Shipboard Microgrid: The Chemical Tanker Case Study," Energies, MDPI, vol. 16(13), pages 1-20, June.
    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. Chen, Zhelun & O’Neill, Zheng & Wen, Jin & Pradhan, Ojas & Yang, Tao & Lu, Xing & Lin, Guanjing & Miyata, Shohei & Lee, Seungjae & Shen, Chou & Chiosa, Roberto & Piscitelli, Marco Savino & Capozzoli, , 2023. "A review of data-driven fault detection and diagnostics for building HVAC systems," Applied Energy, Elsevier, vol. 339(C).
    2. Ziyu Li & Bangjun Wang, 2024. "A Bibliometric Analysis of Carbon Allowances in the Carbon Emissions Trading Market," Energies, MDPI, vol. 18(1), pages 1-18, December.
    3. Liu, Che & Sun, Bo & Zhang, Chenghui & Li, Fan, 2020. "A hybrid prediction model for residential electricity consumption using holt-winters and extreme learning machine," Applied Energy, Elsevier, vol. 275(C).
    4. Omar Farhan Al-Hardanee & Hüseyin Demirel, 2024. "Hydropower Station Status Prediction Using RNN and LSTM Algorithms for Fault Detection," Energies, MDPI, vol. 17(22), pages 1-23, November.
    5. Lu, Yakai & Tian, Zhe & Zhou, Ruoyu & Liu, Wenjing, 2021. "A general transfer learning-based framework for thermal load prediction in regional energy system," Energy, Elsevier, vol. 217(C).
    6. 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.
    7. Xuezhao Zhang & Zijie Chen & Wenxiao Wang & Xiaofen Fang, 2024. "Prediction Method of PHEV Driving Energy Consumption Based on the Optimized CNN BiLSTM Attention Network," Energies, MDPI, vol. 17(12), pages 1-21, June.
    8. Ahmad, Tanveer & Chen, Huanxin, 2018. "Potential of three variant machine-learning models for forecasting district level medium-term and long-term energy demand in smart grid environment," Energy, Elsevier, vol. 160(C), pages 1008-1020.
    9. Ibrahim, Muhammad Sohail & Dong, Wei & Yang, Qiang, 2020. "Machine learning driven smart electric power systems: Current trends and new perspectives," Applied Energy, Elsevier, vol. 272(C).
    10. Pesantez, Jorge E. & Li, Binbin & Lee, Christopher & Zhao, Zhizhen & Butala, Mark & Stillwell, Ashlynn S., 2023. "A Comparison Study of Predictive Models for Electricity Demand in a Diverse Urban Environment," Energy, Elsevier, vol. 283(C).
    11. Atif Maqbool Khan & Artur Wyrwa, 2024. "A Survey of Quantitative Techniques in Electricity Consumption—A Global Perspective," Energies, MDPI, vol. 17(19), pages 1-38, September.
    12. Ivana Kiprijanovska & Simon Stankoski & Igor Ilievski & Slobodan Jovanovski & Matjaž Gams & Hristijan Gjoreski, 2020. "HousEEC: Day-Ahead Household Electrical Energy Consumption Forecasting Using Deep Learning," Energies, MDPI, vol. 13(10), pages 1-29, May.
    13. Hyunsoo Kim & Jiseok Jeong & Changwan Kim, 2022. "Daily Peak-Electricity-Demand Forecasting Based on Residual Long Short-Term Network," Mathematics, MDPI, vol. 10(23), pages 1-17, November.
    14. Dana-Mihaela Petroșanu & George Căruțașu & Nicoleta Luminița Căruțașu & Alexandru Pîrjan, 2019. "A Review of the Recent Developments in Integrating Machine Learning Models with Sensor Devices in the Smart Buildings Sector with a View to Attaining Enhanced Sensing, Energy Efficiency, and Optimal B," Energies, MDPI, vol. 12(24), pages 1-64, December.
    15. Cen, Zhongpei & Wang, Jun, 2019. "Crude oil price prediction model with long short term memory deep learning based on prior knowledge data transfer," Energy, Elsevier, vol. 169(C), pages 160-171.
    16. Ye, Zhongnan & Cheng, Kuangly & Hsu, Shu-Chien & Wei, Hsi-Hsien & Cheung, Clara Man, 2021. "Identifying critical building-oriented features in city-block-level building energy consumption: A data-driven machine learning approach," Applied Energy, Elsevier, vol. 301(C).
    17. Ajith, Meenu & Martínez-Ramón, Manel, 2023. "Deep learning algorithms for very short term solar irradiance forecasting: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 182(C).
    18. Wen, Lulu & Zhou, Kaile & Li, Jun & Wang, Shanyong, 2020. "Modified deep learning and reinforcement learning for an incentive-based demand response model," Energy, Elsevier, vol. 205(C).
    19. Qing Yin & Chunmiao Han & Ailin Li & Xiao Liu & Ying Liu, 2024. "A Review of Research on Building Energy Consumption Prediction Models Based on Artificial Neural Networks," Sustainability, MDPI, vol. 16(17), pages 1-30, September.
    20. Tang, Zhenhao & Zhao, Gengnan & Ouyang, Tinghui, 2021. "Two-phase deep learning model for short-term wind direction forecasting," Renewable Energy, Elsevier, vol. 173(C), pages 1005-1016.

    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:jmathe:v:13:y:2025:i:10:p:1584-:d:1653949. 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.