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A New Input Selection Algorithm Using the Group Method of Data Handling and Bootstrap Method for Support Vector Regression Based Hourly Load Forecasting

Author

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  • Jungwon Yu

    (Department of Electrical and Computer Engineering, Pusan National University, Busan 46241, Korea)

  • June Ho Park

    (Department of Electrical and Computer Engineering, Pusan National University, Busan 46241, Korea)

  • Sungshin Kim

    (Department of Electrical and Computer Engineering, Pusan National University, Busan 46241, Korea)

Abstract

Electric load forecasting is indispensable for the effective planning and operation of power systems. Various decisions related to power systems depend on the future behavior of loads. In this paper, we propose a new input selection procedure, which combines the group method of data handling (GMDH) and bootstrap method for support vector regression based hourly load forecasting. To construct the GMDH network, a learning dataset is divided into training and test datasets by bootstrapping. After constructing GMDH networks several times, the inputs that appeared frequently in the input layers of the completed networks were selected as the significant inputs. Filter methods based on linear correlation and mutual information (MI) were employed as comparison methods, and the performance of hybrids of the filter methods and the proposed method were also confirmed. In total, five input selection methods were compared. To verify the performance of the proposed method, hourly load data from South Korea was used and the results of one-hour, one-day and one-week-ahead forecasts were investigated. The experimental results demonstrated that the proposed method has higher prediction accuracy compared with the filter methods. Among the five methods, a hybrid of an MI-based filter with the proposed method shows best prediction performance.

Suggested Citation

  • Jungwon Yu & June Ho Park & Sungshin Kim, 2018. "A New Input Selection Algorithm Using the Group Method of Data Handling and Bootstrap Method for Support Vector Regression Based Hourly Load Forecasting," Energies, MDPI, vol. 11(11), pages 1-20, October.
    • Handle: RePEc:gam:jeners:v:11:y:2018:i:11:p:2870-:d:177754
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    References listed on IDEAS

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    1. Alves da Silva, Alexandre P. & Ferreira, Vitor H. & Velasquez, Roberto M.G., 2008. "Input space to neural network based load forecasters," International Journal of Forecasting, Elsevier, vol. 24(4), pages 616-629.
    2. Ghofrani, M. & Ghayekhloo, M. & Arabali, A. & Ghayekhloo, A., 2015. "A hybrid short-term load forecasting with a new input selection framework," Energy, Elsevier, vol. 81(C), pages 777-786.
    3. Che, JinXing & Wang, JianZhou, 2014. "Short-term load forecasting using a kernel-based support vector regression combination model," Applied Energy, Elsevier, vol. 132(C), pages 602-609.
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    Cited by:

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