2017 7th IEEE International Conference on System Engineering and Technology (ICSET) 2017
DOI: 10.1109/icsengt.2017.8123412
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Forecasting performance of time series and regression in modeling electricity load demand

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Cited by 15 publications
(5 citation statements)
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“…However, such improvement is not endless, and, at d-7, the historical information is already sufficient due to the highly cyclical and periodic nature of electrical demand. A wider window width actually introduces redundant information that is irrelevant to forecasts, which actually forms the multicollinearity effect [38][39][40].…”
Section: Window Sliding Width Of Load Variablementioning
confidence: 99%
“…However, such improvement is not endless, and, at d-7, the historical information is already sufficient due to the highly cyclical and periodic nature of electrical demand. A wider window width actually introduces redundant information that is irrelevant to forecasts, which actually forms the multicollinearity effect [38][39][40].…”
Section: Window Sliding Width Of Load Variablementioning
confidence: 99%
“…e results prove that the fuzzy law basis can effectively predict short-term load demand with minimal error. Jifri et al [17] showed that modeling electric charge demand is considered one of the most important areas among researchers because electricity is evolving. is study aimed to evaluate the performance of time series and regression in predicting load demand.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Some of the main advantages of TBATS are: (i) it can handle non-linearity present in features using Box-Cox transformation (ii) it detects any auto-correlation present in the residuals using ARMA and (iii) and it is capable of accommodating both nested and non-nested seasonal components in time series [75]. Its applications can be seen in some of recent studies [78], such as modelling electricity load demand [79] or seasonality of pathogens [78].…”
Section: Modelsmentioning
confidence: 99%