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Two-Stage Electricity Demand Modeling Using Machine Learning Algorithms

Author

Listed:
  • Krzysztof Gajowniczek

    (Department of Informatics, Faculty of Applied Informatics and Mathematics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-787 Warsaw, Poland)

  • Tomasz Ząbkowski

    (Department of Informatics, Faculty of Applied Informatics and Mathematics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-787 Warsaw, Poland)

Abstract

Forecasting of electricity demand has become one of the most important areas of research in the electric power industry, as it is a critical component of cost-efficient power system management and planning. In this context, accurate and robust load forecasting is supposed to play a key role in reducing generation costs, and deals with the reliability of the power system. However, due to demand peaks in the power system, forecasts are inaccurate and prone to high numbers of errors. In this paper, our contributions comprise a proposed data-mining scheme for demand modeling through peak detection, as well as the use of this information to feed the forecasting system. For this purpose, we have taken a different approach from that of time series forecasting, representing it as a two-stage pattern recognition problem. We have developed a peak classification model followed by a forecasting model to estimate an aggregated demand volume. We have utilized a set of machine learning algorithms to benefit from both accurate detection of the peaks and precise forecasts, as applied to the Polish power system. The key finding is that the algorithms can detect 96.3% of electricity peaks (load value equal to or above the 99th percentile of the load distribution) and deliver accurate forecasts, with mean absolute percentage error (MAPE) of 3.10% and resistant mean absolute percentage error (r-MAPE) of 2.70% for the 24 h forecasting horizon.

Suggested Citation

  • Krzysztof Gajowniczek & Tomasz Ząbkowski, 2017. "Two-Stage Electricity Demand Modeling Using Machine Learning Algorithms," Energies, MDPI, vol. 10(10), pages 1-25, October.
    • Handle: RePEc:gam:jeners:v:10:y:2017:i:10:p:1547-:d:114315
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    Cited by:

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    5. Moroff, Nikolas Ulrich & Sardesai, Saskia, 2019. "Machine learning in demand planning: Cross-industry overview," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg Int, volume 27, pages 355-383, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    6. Zigui Jiang & Rongheng Lin & Fangchun Yang, 2018. "A Hybrid Machine Learning Model for Electricity Consumer Categorization Using Smart Meter Data," Energies, MDPI, vol. 11(9), pages 1-19, August.
    7. Laib, Oussama & Khadir, Mohamed Tarek & Mihaylova, Lyudmila, 2019. "Toward efficient energy systems based on natural gas consumption prediction with LSTM Recurrent Neural Networks," Energy, Elsevier, vol. 177(C), pages 530-542.
    8. Krzysztof Gajowniczek & Tomasz Ząbkowski, 2018. "Simulation Study on Clustering Approaches for Short-Term Electricity Forecasting," Complexity, Hindawi, vol. 2018, pages 1-21, April.

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