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Load Forecasting Techniques and Their Applications in Smart Grids

Author

Listed:
  • Hany Habbak

    (Department of Computer Engineering and AI, Military Technical College, Cairo 11766, Egypt)

  • Mohamed Mahmoud

    (Department of Electrical and Computer Engineering, Tennessee Technological University, Cookeville, TN 38505, USA
    KINDI Center and the Department of Electrical and Computer Engineering, Qatar University, Doha P.O. Box 2713, Qatar)

  • Khaled Metwally

    (Department of Computer Engineering and AI, Military Technical College, Cairo 11766, Egypt)

  • Mostafa M. Fouda

    (Department of Electrical and Computer Engineering, College of Science and Engineering, Idaho State University, Pocatello, ID 83209, USA)

  • Mohamed I. Ibrahem

    (Department of Cyber Security Engineering, George Mason University, Fairfax, VA 22030, USA
    Department of Electrical Engineering, Faculty of Engineering at Shoubra, Benha University, Cairo 11672, Egypt)

Abstract

The growing success of smart grids (SGs) is driving increased interest in load forecasting (LF) as accurate predictions of energy demand are crucial for ensuring the reliability, stability, and efficiency of SGs. LF techniques aid SGs in making decisions related to power operation and planning upgrades, and can help provide efficient and reliable power services at fair prices. Advances in artificial intelligence (AI), specifically in machine learning (ML) and deep learning (DL), have also played a significant role in improving the precision of demand forecasting. It is important to evaluate different LF techniques to identify the most accurate and appropriate one for use in SGs. This paper conducts a systematic review of state-of-the-art forecasting techniques, including traditional techniques, clustering-based techniques, AI-based techniques, and time series-based techniques, and provides an analysis of their performance and results. The aim of this paper is to determine which LF technique is most suitable for specific applications in SGs. The findings indicate that AI-based LF techniques, using ML and neural network (NN) models, have shown the best forecast performance compared to other methods, achieving higher overall root mean squared (RMS) and mean absolute percentage error (MAPE) values.

Suggested Citation

  • Hany Habbak & Mohamed Mahmoud & Khaled Metwally & Mostafa M. Fouda & Mohamed I. Ibrahem, 2023. "Load Forecasting Techniques and Their Applications in Smart Grids," Energies, MDPI, vol. 16(3), pages 1-33, February.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:3:p:1480-:d:1055616
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