The Transactions of The Korean Institute of Electrical Engineers (전기학회논문지)

The Korean Institute of Electrical Engineers (대한전기학회)
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24 hour Load Forecasting using Combined Very-short-term and Short-term Multi-Variable Time-Series Model

초단기 및 단기 다변수 시계열 결합모델을 이용한 24시간 부하예측

  • Lee, WonJun (Dept. of Energy System Research, Ajou University) ;
  • Lee, Munsu (Dept. of Energy Science, Sungkyunkwan University) ;
  • Kang, Byung-O (Dept. of Electric Engineering, Dong-a University) ;
  • Jung, Jaesung (Dept. of Energy System Research, Ajou University)
  • Received : 2016.10.13
  • Accepted : 2017.02.23
  • Published : 2017.03.01
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Abstract

This paper proposes a combined very-short-term and short-term multi-variate time-series model for 24 hour load forecasting. First, the best model for very-short-term and short-term load forecasting is selected by considering the least error value, and then they are combined by the optimal forecasting time. The actual load data of industry complex is used to show the effectiveness of the proposed model. As a result the load forecasting accuracy of the combined model has increased more than a single model for 24 hour load forecasting.

Keywords

References

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