In this study, a fuzzy probability-based Markov chain model is developed for forecasting regional long-term electric power demand. The model can deal with the uncertainties in electric power system and reflect the vague and ambiguous during the process of power load forecasting through allowing uncertainties expressed as fuzzy parameters and discrete intervals. The developed model is applied to...

Forecasting of future electricity demand is very important for the electric power industry. As influenced by various factors, it has been shown in several publications that machine learning methods are useful for electric load forecasting (ELF). On the one hand, we introduce in this paper the approach of support vector regression (SVR) for ELF. In particular, we use particle swarm optimization ...

This paper picturesquely depicts the comparison of different methodologies adopted for predicting the load demand and highlights the changing trend and values under new circumstances using latest non analytical soft computing techniques employed in the field of electrical load forecasting. A very clear advocacy about the changing trends from conventional and obsolete to the modern techniques is...

In restructuring the electric power industry, the load had an important role for market managers and participants when they develop strategies or make decisions to maximize their profit. Therefore, accurate short term load forecasting (STLF) becomes more and more vital for all market participants such as customer or producer in competitive electricity markets. In this paper, a new hybrid algori...

Electric load forecasting is essential to improve the reliability of the ac power line data network and provide optimal load scheduling in an intelligent home system. In this paper, a short-term load forecasting realized by a neural fuzzy network (NFN) and a modified genetic algorithm (GA) is proposed. It can forecast the hourly load accurately with respect to different day types and weather in...

Electric load forecasting is a fundamental business process and well-established analytical problem in the utility industry. Due to various characteristics of electricity demand series and the business needs, electric load forecasting is a classical textbook example and popular application field in the forecasting community. During the past 30 plus years, many statistical and artificial intelli...

This paper presents an artificial neural network(ANN) approach to electric load forecasting. The ANN is used to learn the relationship among past, current and future temperatures and loads. In order to provide the forecasted load, the ANN interpolates among the load and temperature data in a training data set. The average absolute errors of the one-hour and 24-hour ahead forecasts in our test o...

This paper presents a short-term electric load forecasting method based on Autoregressive Tree Algorithm and Rough Set Theory. Firstly, Rough Set Theory was used to reduce the testing properties of Autoregressive Tree. It can optimize the Autoregressive Tree Algorithm. Then, Autoregressive Tree Model of Short-term electric load forecasting is set up. Using Rough Set Theory, the attributes will ...

Kernel-based methods, such as support vector regression (SVR), have demonstrated satisfactory performance in short-term load forecasting (STLF) application. However, the good performance of kernel-based method depends on the selection of an appropriate kernel function that fits the learning target, unsuitable kernel function or hyper-parameters setting may lead to significantly poor performance...

Load forecasting has become one of the major areas of research in electrical engineering and is an important problem in operation and planning of electric power generation. Load forecasting is the technique for prediction of electrical load. STLF (Short term load forecast) is essential for Power system planning. In a deregulated market it is much need for a generating company to know about the ...