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Electricity consumption forecasting has been always playing a vital role in power system management and planning. Inaccurate prediction may cause wastes of scarce energy resource or electricity shortages. However, forecasting electricity consumption has proven to be a challenging task due to...
Persistent link: https://www.econbiz.de/10010744168
Wind energy has been well recognized as a renewable resource in electricity generation, which is environmentally friendly, socially beneficial and economically competitive. For proper and efficient evaluation of wind energy, a hybrid Seasonal Auto-Regression Integrated Moving Average and Least...
Persistent link: https://www.econbiz.de/10010810225
For accurate electricity demand forecasting, this paper proposes a novel approach, MFES, that combines a multi-output FFNN (feedforward neural network) with EMD (empirical mode decomposition)-based signal filtering and seasonal adjustment. In electricity demand forecasting, noise signals, caused...
Persistent link: https://www.econbiz.de/10010808872
Providing accurate wind speed prediction algorithms has become increasingly significant because of the important technological and economic impacts of wind speed on wind power generation. In this study, two combined strategies for wind speed forecasting are proposed and followed. Four approaches...
Persistent link: https://www.econbiz.de/10010594052
Electricity is a special energy which is hard to store, so the electricity demand forecasting in China remains an important problem. This paper aims at developing an improved hybrid model for electricity demand in China, which takes the advantages of moving average procedure, combined method,...
Persistent link: https://www.econbiz.de/10010571891
Electric load forecasting is crucial for managing electric power systems economically and safely. This paper presents a new combined model for electric load forecasting based on the seasonal ARIMA forecasting model, the seasonal exponential smoothing model and the weighted support vector...
Persistent link: https://www.econbiz.de/10010810033
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Persistent link: https://www.econbiz.de/10011943063
Purpose: Electricity demand forecasting has always been a key issue, and inaccurate forecasts may mislead policymakers. To accurately predict China’s electricity demand up to 2030, this paper aims to establish a cross-validation-based linear model selection system, which can consider many...
Persistent link: https://www.econbiz.de/10012075975