2013
DOI: 10.1080/0952813x.2013.813976
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A hybrid method based on wavelet, ANN and ARIMA model for short-term load forecasting

Abstract: In the new competitive electricity markets, the necessity of appropriate load forecasting tools for accurate scheduling is completely evident. The model which is utilised for the forecasting purposes determines how much the forecasted results would be dependable. In this regard, this paper proposes a new hybrid forecasting method based on the wavelet transform, autoregressive integrated moving average (ARIMA) and artificial neural network (ANN) for short-term load forecasting. In the proposed model, the autoco… Show more

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Cited by 114 publications
(35 citation statements)
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References 25 publications
(18 reference statements)
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“…At present, there are many methods for predicting ultrashort-term renewable energy and load, mostly using Kalman filtering [21][22][23], artificial neural networks [24], time series [25], and the gray theory method [26,27]. Compared to other prediction methods, the gray prediction method does not need to determine whether the renewable energy and the thermal power fluctuations follow a normal distribution and does not require large sample statistics.…”
Section: Prediction Modelmentioning
confidence: 99%
“…At present, there are many methods for predicting ultrashort-term renewable energy and load, mostly using Kalman filtering [21][22][23], artificial neural networks [24], time series [25], and the gray theory method [26,27]. Compared to other prediction methods, the gray prediction method does not need to determine whether the renewable energy and the thermal power fluctuations follow a normal distribution and does not require large sample statistics.…”
Section: Prediction Modelmentioning
confidence: 99%
“…Combination of NNs and ARIMA [14] this work proposed a hybrid model combining NNs and ARIMA, which is capable of exploiting the strengths of traditional time series approaches and artificial neural networks.…”
Section: Markov Chain Modelmentioning
confidence: 99%
“…Some researchers combine different models, such as EMD-BPN [13,14], to forecast the volume of the passengers. As for the last one, with the help of the cellular automaton model, the volume can be forecasted.…”
Section: Passenger Data Monitoring and Forecastingmentioning
confidence: 99%