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A Hybrid Multi-Step Rolling Forecasting Model Based on SSA and Simulated Annealing—Adaptive Particle Swarm Optimization for Wind Speed

Author

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  • Pei Du

    (School of Statistics, Dongbei University of Finance and Economics, Dalian 116025, China)

  • Yu Jin

    (School of Statistics, Dongbei University of Finance and Economics, Dalian 116025, China)

  • Kequan Zhang

    (Key Laboratory of Arid Climatic Change and Reducing Disaster of Gansu Province, College of Atmospheric Sciences, Lanzhou University, Lanzhou 730000, China)

Abstract

With the limitations of conventional energy becoming increasing distinct, wind energy is emerging as a promising renewable energy source that plays a critical role in the modern electric and economic fields. However, how to select optimization algorithms to forecast wind speed series and improve prediction performance is still a highly challenging problem. Traditional single algorithms are widely utilized to select and optimize parameters of neural network algorithms, but these algorithms usually ignore the significance of parameter optimization, precise searching, and the application of accurate data, which results in poor forecasting performance. With the aim of overcoming the weaknesses of individual algorithms, a novel hybrid algorithm was created, which can not only easily obtain the real and effective wind speed series by using singular spectrum analysis, but also possesses stronger adaptive search and optimization capabilities than the other algorithms: it is faster, has fewer parameters, and is less expensive. For the purpose of estimating the forecasting ability of the proposed combined model, 10-min wind speed series from three wind farms in Shandong Province, eastern China, are employed as a case study. The experimental results were considerably more accurately predicted by the presented algorithm than the comparison algorithms.

Suggested Citation

  • Pei Du & Yu Jin & Kequan Zhang, 2016. "A Hybrid Multi-Step Rolling Forecasting Model Based on SSA and Simulated Annealing—Adaptive Particle Swarm Optimization for Wind Speed," Sustainability, MDPI, vol. 8(8), pages 1-25, August.
  • Handle: RePEc:gam:jsusta:v:8:y:2016:i:8:p:754-:d:75491
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    References listed on IDEAS

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    Cited by:

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    3. Wang, Zheng-Xin & Li, Qin & Pei, Ling-Ling, 2018. "A seasonal GM(1,1) model for forecasting the electricity consumption of the primary economic sectors," Energy, Elsevier, vol. 154(C), pages 522-534.
    4. Lu, Peng & Ye, Lin & Zhao, Yongning & Dai, Binhua & Pei, Ming & Tang, Yong, 2021. "Review of meta-heuristic algorithms for wind power prediction: Methodologies, applications and challenges," Applied Energy, Elsevier, vol. 301(C).
    5. Wenlong Fu & Kai Wang & Jianzhong Zhou & Yanhe Xu & Jiawen Tan & Tie Chen, 2019. "A Hybrid Approach for Multi-Step Wind Speed Forecasting Based on Multi-Scale Dominant Ingredient Chaotic Analysis, KELM and Synchronous Optimization Strategy," Sustainability, MDPI, vol. 11(6), pages 1-24, March.
    6. Ping Jiang & Zeng Wang & Kequan Zhang & Wendong Yang, 2017. "An Innovative Hybrid Model Based on Data Pre-Processing and Modified Optimization Algorithm and Its Application in Wind Speed Forecasting," Energies, MDPI, vol. 10(7), pages 1-29, July.
    7. Zonggui Yao & Chen Wang, 2018. "A Hybrid Model Based on A Modified Optimization Algorithm and An Artificial Intelligence Algorithm for Short-Term Wind Speed Multi-Step Ahead Forecasting," Sustainability, MDPI, vol. 10(5), pages 1-33, May.
    8. Zhou, Qingguo & Wang, Chen & Zhang, Gaofeng, 2019. "Hybrid forecasting system based on an optimal model selection strategy for different wind speed forecasting problems," Applied Energy, Elsevier, vol. 250(C), pages 1559-1580.

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