Neural Network Load Forecasting with Weather Ensemble Predictions

Taylor, James and Buizza, Roberto (2002) Neural Network Load Forecasting with Weather Ensemble Predictions. IEEE Transactions on Power Systems, 17 (3). pp. 626-632.

Abstract

In recent years, a large amount of literature has evolved on the use of artificial neural networks (ANNs) for electric load forecasting. ANNs are particularly appealing because of their ability to model an unspecified nonlinear relationship between load and weather variables. Weather forecasts are a key input when the ANN is used for forecasting. This paper investigates the use of weather ensemble predictions in the application of ANNs to load forecasting for lead times from one to ten days ahead. A weather ensemble prediction consists of multiple scenarios for a weather variable. We use these scenarios to produce multiple scenarios for load. The results show that the average of the load scenarios is a more accurate load forecast than that produced using traditional weather forecasts. We use the load scenarios to estimate the uncertainty in the ANN load forecast. This compares favorably with estimates based solely on historical load forecast errors.

Item Type: Article
Keywords: Load forecasting; Neural networks; Power engineering computing; Weather forecasting
Subject(s): Management science
Date Deposited: 24 Jan 2012 20:19
Last Modified: 10 Feb 2017 16:58
Funders: N/A
URI: http://eureka.sbs.ox.ac.uk/id/eprint/1727

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