IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v309y2024ics0360544224028421.html
   My bibliography  Save this article

Bilinear-DRTFT: Uncertainty prediction in electricity load considering multiple demand responses

Author

Listed:
  • Xu, Mengjie
  • Li, Qianwen
  • Zhao, Zhengtang
  • Sun, Chuanwang

Abstract

Accurately predicting electricity load is crucial for maintaining the stability of modern power systems. Most studies focus on deterministic predictions, while uncertainty prediction and demand responses (DR) need further research. This paper proposes Bilinear-DRTFT, a load forecasting model that supports uncertainty and considers DR. To comprehensively evaluate model performance, this study combines five deterministic evaluation metrics and three uncertainty evaluation metrics on the test set. The research findings include:1. Incorporating DR effectively enhances the model's performance in both deterministic and uncertainty prediction; 2. Model performance continually improves with refined DR, achieving better uncertainty reduction when incorporating dynamic DR signals considering critical peak electricity prices, reaching expected performance at 80 % and 90 % confidence levels with narrow PINAW; 3. After adding DR, high-quality feature engineering provides the basis for the simplification of feedforward network; 4. Analyzing monthly uncertainty predictions reveals specific time periods on which DR policies should focus. These conclusions are validated in two experimental regions.

Suggested Citation

  • Xu, Mengjie & Li, Qianwen & Zhao, Zhengtang & Sun, Chuanwang, 2024. "Bilinear-DRTFT: Uncertainty prediction in electricity load considering multiple demand responses," Energy, Elsevier, vol. 309(C).
  • Handle: RePEc:eee:energy:v:309:y:2024:i:c:s0360544224028421
    DOI: 10.1016/j.energy.2024.133067
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544224028421
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2024.133067?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eee:energy:v:309:y:2024:i:c:s0360544224028421. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    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.