IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i2p487-d721853.html
   My bibliography  Save this article

VMD-WSLSTM Load Prediction Model Based on Shapley Values

Author

Listed:
  • Bilin Shao

    (School of Management, Xi’an University of Architecture and Technology, Xi’an 710055, China)

  • Yichuan Yan

    (School of Management, Xi’an University of Architecture and Technology, Xi’an 710055, China)

  • Huibin Zeng

    (School of Management, Xi’an University of Architecture and Technology, Xi’an 710055, China)

Abstract

Accurate short-term load forecasting can ensure the safe operation of the grid. Decomposing load data into smooth components by decomposition algorithms is a common approach to address data volatility. However, each component of the decomposition must be modeled separately for prediction, which leads to overly complex models. To solve this problem, a VMD-WSLSTM load prediction model based on Shapley values is proposed in this paper. First, the Shapley value is used to select the optimal set of special features, and then the VMD decomposition method is used to decompose the original load into several smooth components. Finally, WSLSTM is used to predict each component. Unlike the traditional LSTM model, WSLSTM can simplify the prediction model and extract common features among the components by sharing the parameters among the components. In order to verify the effectiveness of the proposed model, several control groups were used for experiments. The results show that the proposed method has higher prediction accuracy and training speed compared with traditional prediction methods.

Suggested Citation

  • Bilin Shao & Yichuan Yan & Huibin Zeng, 2022. "VMD-WSLSTM Load Prediction Model Based on Shapley Values," Energies, MDPI, vol. 15(2), pages 1-18, January.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:2:p:487-:d:721853
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/2/487/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/15/2/487/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jurado, Sergio & Nebot, Àngela & Mugica, Fransisco & Avellana, Narcís, 2015. "Hybrid methodologies for electricity load forecasting: Entropy-based feature selection with machine learning and soft computing techniques," Energy, Elsevier, vol. 86(C), pages 276-291.
    2. Che, Jinxing & Wang, Jianzhou & Wang, Guangfu, 2012. "An adaptive fuzzy combination model based on self-organizing map and support vector regression for electric load forecasting," Energy, Elsevier, vol. 37(1), pages 657-664.
    3. Keles, Dogan & Scelle, Jonathan & Paraschiv, Florentina & Fichtner, Wolf, 2016. "Extended forecast methods for day-ahead electricity spot prices applying artificial neural networks," Applied Energy, Elsevier, vol. 162(C), pages 218-230.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Liang & Wen, Jin & Li, Yanfei & Chen, Jianli & Ye, Yunyang & Fu, Yangyang & Livingood, William, 2021. "A review of machine learning in building load prediction," Applied Energy, Elsevier, vol. 285(C).
    2. Le Cam, M. & Daoud, A. & Zmeureanu, R., 2016. "Forecasting electric demand of supply fan using data mining techniques," Energy, Elsevier, vol. 101(C), pages 541-557.
    3. Le Cam, M. & Zmeureanu, R. & Daoud, A., 2017. "Cascade-based short-term forecasting method of the electric demand of HVAC system," Energy, Elsevier, vol. 119(C), pages 1098-1107.
    4. Dadkhah, Mojtaba & Jahangoshai Rezaee, Mustafa & Zare Chavoshi, Ahmad, 2018. "Short-term power output forecasting of hourly operation in power plant based on climate factors and effects of wind direction and wind speed," Energy, Elsevier, vol. 148(C), pages 775-788.
    5. Chen, Xuejun & Yang, Yongming & Cui, Zhixin & Shen, Jun, 2019. "Vibration fault diagnosis of wind turbines based on variational mode decomposition and energy entropy," Energy, Elsevier, vol. 174(C), pages 1100-1109.
    6. Grzegorz Marcjasz & Tomasz Serafin & Rafał Weron, 2018. "Selection of Calibration Windows for Day-Ahead Electricity Price Forecasting," Energies, MDPI, vol. 11(9), pages 1-20, September.
    7. Erik Heilmann & Janosch Henze & Heike Wetzel, 2021. "Machine learning in energy forecasts with an application to high frequency electricity consumption data," MAGKS Papers on Economics 202135, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    8. Umut Ugurlu & Ilkay Oksuz & Oktay Tas, 2018. "Electricity Price Forecasting Using Recurrent Neural Networks," Energies, MDPI, vol. 11(5), pages 1-23, May.
    9. Biondi, Tommaso & Moretto, Michele, 2015. "Solar Grid Parity dynamics in Italy: A real option approach," Energy, Elsevier, vol. 80(C), pages 293-302.
    10. Yang, Yang & Xue, Dingyü, 2016. "Continuous fractional-order grey model and electricity prediction research based on the observation error feedback," Energy, Elsevier, vol. 115(P1), pages 722-733.
    11. Nowotarski, Jakub & Weron, Rafał, 2018. "Recent advances in electricity price forecasting: A review of probabilistic forecasting," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1548-1568.
    12. Zeng, Sheng & Su, Bin & Zhang, Minglong & Gao, Yuan & Liu, Jun & Luo, Song & Tao, Qingmei, 2021. "Analysis and forecast of China's energy consumption structure," Energy Policy, Elsevier, vol. 159(C).
    13. Emil Kraft & Dogan Keles & Wolf Fichtner, 2020. "Modeling of frequency containment reserve prices with econometrics and artificial intelligence," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 39(8), pages 1179-1197, December.
    14. Chabouni, Naima & Belarbi, Yacine & Benhassine, Wassim, 2020. "Electricity load dynamics, temperature and seasonality Nexus in Algeria," Energy, Elsevier, vol. 200(C).
    15. Wang, Lei & Wang, Xinyu & Zhao, Zhongchao, 2024. "Mid-term electricity demand forecasting using improved multi-mode reconstruction and particle swarm-enhanced support vector regression," Energy, Elsevier, vol. 304(C).
    16. Asif Afzal & Saad Alshahrani & Abdulrahman Alrobaian & Abdulrajak Buradi & Sher Afghan Khan, 2021. "Power Plant Energy Predictions Based on Thermal Factors Using Ridge and Support Vector Regressor Algorithms," Energies, MDPI, vol. 14(21), pages 1-22, November.
    17. Zhang, Rongda & Wei, Jing & Zhao, Xiaoli & Liu, Yang, 2022. "Economic and environmental benefits of the integration between carbon sequestration and underground gas storage," Energy, Elsevier, vol. 260(C).
    18. Heilmann, Erik, 2023. "The impact of transparency policies on local flexibility markets in electric distribution networks," Utilities Policy, Elsevier, vol. 83(C).
    19. Baruník, Jozef & Malinská, Barbora, 2016. "Forecasting the term structure of crude oil futures prices with neural networks," Applied Energy, Elsevier, vol. 164(C), pages 366-379.
    20. Bekiroglu, Korkut & Duru, Okan & Gulay, Emrah & Su, Rong & Lagoa, Constantino, 2018. "Predictive analytics of crude oil prices by utilizing the intelligent model search engine," Applied Energy, Elsevier, vol. 228(C), pages 2387-2397.

    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:gam:jeners:v:15:y:2022:i:2:p:487-:d:721853. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.