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Research and Application of a Novel Hybrid Model Based on a Deep Neural Network for Electricity Load Forecasting: A Case Study in Australia

Author

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  • Kailai Ni

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

  • Jianzhou Wang

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

  • Guangyu Tang

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

  • Danxiang Wei

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

Abstract

Electricity load forecasting plays an essential role in improving the management efficiency of power generation systems. A large number of load forecasting models aiming at promoting the forecasting effectiveness have been put forward in the past. However, many traditional models have no consideration for the significance of data preprocessing and the constraints of individual forecasting models. Moreover, most of them only focus on the forecasting accuracy but ignore the forecasting stability, resulting in nonoptimal performance in practical applications. This paper presents a novel hybrid model that combines an advanced data preprocessing strategy, a deep neural network, and an avant-garde multi-objective optimization algorithm, overcoming the defects of traditional models and thus improving the forecasting performance effectively. In order to evaluate the validity of the proposed hybrid model, the electricity load data sampled in 30-min intervals from Queensland, Australia are used as a case to study. The experiments show that the new proposed model is obviously superior to all other traditional models. Furthermore, it provides an effective technical forecasting means for smart grid management.

Suggested Citation

  • Kailai Ni & Jianzhou Wang & Guangyu Tang & Danxiang Wei, 2019. "Research and Application of a Novel Hybrid Model Based on a Deep Neural Network for Electricity Load Forecasting: A Case Study in Australia," Energies, MDPI, vol. 12(13), pages 1-30, June.
    • Handle: RePEc:gam:jeners:v:12:y:2019:i:13:p:2467-:d:243188
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    3. Qiangqiang Cheng & Yiqi Yan & Shichao Liu & Chunsheng Yang & Hicham Chaoui & Mohamad Alzayed, 2020. "Particle Filter-Based Electricity Load Prediction for Grid-Connected Microgrid Day-Ahead Scheduling," Energies, MDPI, vol. 13(24), pages 1-15, December.
    4. Danxiang Wei & Jianzhou Wang & Kailai Ni & Guangyu Tang, 2019. "Research and Application of a Novel Hybrid Model Based on a Deep Neural Network Combined with Fuzzy Time Series for Energy Forecasting," Energies, MDPI, vol. 12(18), pages 1-38, September.
    5. Xiaosheng Peng & Kai Cheng & Jianxun Lang & Zuowei Zhang & Tao Cai & Shanxu Duan, 2021. "Short-Term Wind Power Prediction for Wind Farm Clusters Based on SFFS Feature Selection and BLSTM Deep Learning," Energies, MDPI, vol. 14(7), pages 1-18, March.

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