2023
DOI: 10.3390/s23125436
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A Machine Learning Model Ensemble for Mixed Power Load Forecasting across Multiple Time Horizons

Abstract: The increasing penetration of renewable energy sources tends to redirect the power systems community’s interest from the traditional power grid model towards the smart grid framework. During this transition, load forecasting for various time horizons constitutes an essential electric utility task in network planning, operation, and management. This paper presents a novel mixed power-load forecasting scheme for multiple prediction horizons ranging from 15 min to 24 h ahead. The proposed approach makes use of a … Show more

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Cited by 5 publications
(2 citation statements)
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References 108 publications
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“…It entails forecasting a continuous output value by considering one or more input variables. In recent years, with the rise of big data and advancements in machine learning techniques, regression analysis has become a critical tool in various fields, including energy, finance, healthcare, and marketing [ 10 , 11 ].…”
Section: Introductionmentioning
confidence: 99%
“…It entails forecasting a continuous output value by considering one or more input variables. In recent years, with the rise of big data and advancements in machine learning techniques, regression analysis has become a critical tool in various fields, including energy, finance, healthcare, and marketing [ 10 , 11 ].…”
Section: Introductionmentioning
confidence: 99%
“…Therefore, efficient and reliable power grid systems are essential for maintaining power stability and avoiding power system outages and supply user load demands without power interruptions [ 1 , 2 ]. A sufficient power utilization scheme with accurate short-term load forecasting (STLF) is necessary for application on power grid systems [ 3 , 4 , 5 ]. One percent of forecasting error can cause operation losses of 10 million or more [ 6 ].…”
Section: Introductionmentioning
confidence: 99%