2018 IEEE Texas Power and Energy Conference (TPEC) 2018
DOI: 10.1109/tpec.2018.8312088
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Long term load forecasting with hourly predictions based on long-short-term-memory networks

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Cited by 93 publications
(45 citation statements)
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“…In terms of aggregated (substation) level, the aggregation of all individual forecasts yielded better results than the direct forecast of aggregated loads. Agrawal et al [32] Introduced a deep-structure RNN-LSTM network at a higher aggregation level; ISO New England energy market using daily, monthly and weekly features to produce hourly predictions over a one-year period. Similar to the approaches using shallow ANNs, some studies explored the combination of LSTM with other models or optimization algorithms.…”
Section: Related Workmentioning
confidence: 99%
“…In terms of aggregated (substation) level, the aggregation of all individual forecasts yielded better results than the direct forecast of aggregated loads. Agrawal et al [32] Introduced a deep-structure RNN-LSTM network at a higher aggregation level; ISO New England energy market using daily, monthly and weekly features to produce hourly predictions over a one-year period. Similar to the approaches using shallow ANNs, some studies explored the combination of LSTM with other models or optimization algorithms.…”
Section: Related Workmentioning
confidence: 99%
“…It indicates that forecasting models based on LSTM outperform other methods, including auto-regressive integrated moving average (ARIMA), support vector regression (SVR), and traditional feed-forward neural network (FNN) [20]. Kumar et al used the LSTM model for short-term electric load forecasting using twelve years of historical data for ISO New England electricity market and reported very reliable and robust results [21]. Zheng et al proposed a short-term load forecasting method for residential community based on gated recurrent unit neural network.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Similarly, if there exists more than one home user, then even predicting short-term load in the form of regular and irregular child nodes could result in poor performance. In this regard, the long-term load prediction and forecasting models are employed to overcome the challenges present in the short-term forecasting models [ 25 , 26 ]. In many of these research works; the LSTM model is widely adopted for forecasting long-term load.…”
Section: Related Workmentioning
confidence: 99%