Electricity Consumption Forecasting Based on a Bidirectional Long-Short-Term Memory Artificial Neural Network

Autor: Alexandru Pîrjan, Dana-Mihaela Petroșanu
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Computer science
020209 energy
long term electricity consumption forecasting
Geography
Planning and Development

Refrigerator car
TJ807-830
Context (language use)
02 engineering and technology
010501 environmental sciences
Management
Monitoring
Policy and Law

TD194-195
01 natural sciences
Renewable energy sources
0202 electrical engineering
electronic engineering
information engineering

GE1-350
artificial neural networks (ANNs)
0105 earth and related environmental sciences
Consumption (economics)
Artificial neural network
bidirectional long-short-term memory (BiLSTM) networks
Environmental effects of industries and plants
Renewable Energy
Sustainability and the Environment

business.industry
function fitting neural networks (FITNETs)
large commercial center-type consumers
Reliability engineering
Environmental sciences
Key (cryptography)
Electricity
business
Performance metric
Efficient energy use
Zdroj: Sustainability, Vol 13, Iss 104, p 104 (2021)
Sustainability
Volume 13
Issue 1
ISSN: 2071-1050
Popis: The accurate forecasting of the hourly month-ahead electricity consumption represents a very important aspect for non-household electricity consumers and system operators, and at the same time represents a key factor in what regards energy efficiency and achieving sustainable economic, business, and management operations. In this context, we have devised, developed, and validated within the paper an hourly month ahead electricity consumption forecasting method. This method is based on a bidirectional long-short-term memory (BiLSTM) artificial neural network (ANN) enhanced with a multiple simultaneously decreasing delays approach coupled with function fitting neural networks (FITNETs). The developed method targets the hourly month-ahead total electricity consumption at the level of a commercial center-type consumer and for the hourly month ahead consumption of its refrigerator storage room. The developed approach offers excellent forecasting results, highlighted by the validation stage&rsquo
s results along with the registered performance metrics, namely 0.0495 for the root mean square error (RMSE) performance metric for the total hourly month-ahead electricity consumption and 0.0284 for the refrigerator storage room. We aimed for and managed to attain an hourly month-ahead consumed electricity prediction without experiencing a significant drop in the forecasting accuracy that usually tends to occur after the first two weeks, therefore achieving a reliable method that satisfies the contractor&rsquo
s needs, being able to enhance his/her activity from the economic, business, and management perspectives. Even if the devised, developed, and validated forecasting solution for the hourly consumption targets a commercial center-type consumer, based on its accuracy, this solution can also represent a useful tool for other non-household electricity consumers due to its generalization capability.
Databáze: OpenAIRE