Malaysian peak daily load forecasting

Time series analysis has been applied intensively and sophisticatedly to model and forecast many problems in the biological, physical and environmental phenomena of interest. This fact accounts for the basic engineering problem in forecasting the daily peak system load to use time series analysis. A...

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Main Authors: Fadhilah R.Abd., Amir H.H., Izham A.Z., Mahendran S.
Other Authors: 36988285400
Format: Conference paper
Published: 2023
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Institution: Universiti Tenaga Nasional
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spelling my.uniten.dspace-307982023-12-29T15:53:28Z Malaysian peak daily load forecasting Fadhilah R.Abd. Amir H.H. Izham A.Z. Mahendran S. 36988285400 24447656300 35606640500 23568523100 ANFIS ARMA Load Forecasting RegARMA Errors Neural networks Regression analysis Time series Time series analysis Appropriate models ARMA model Auto regressive models Daily load forecasting Engineering problems Environmental phenomena Forecasting models Hybrid model Load forecasting Malaysians Mean absolute percentage error Order 2 Regression model System loads Times series Electric load forecasting Time series analysis has been applied intensively and sophisticatedly to model and forecast many problems in the biological, physical and environmental phenomena of interest. This fact accounts for the basic engineering problem in forecasting the daily peak system load to use time series analysis. ARMA and Regression with ARMA errors models are among the times series models considered. ANFIS, a hybrid model from neural network is also discussed as for comparison purposes. The main interest of the forecasts consists of three days up to seven days ahead predictions for daily data. The objective is to find an appropriate model for forecasting the Malaysian peak daily demand of electricity. The pure autoregressive model with an order 2 or AR (2) has the minimum AIC statistic value compared with other ARMA models. AR (2) model recorded the value for the mean absolute percentage error (MAPE) as 1.27 % for the prediction of 3 days ahead from Jan 1 to 3 , 2005. Besides AR(2) model, Regression model with ARMA errors and ANFIS were found to be among the best forecasting models for weekdays with MAPE value from 0.1% to 3%. �2009 IEEE. Final 2023-12-29T07:53:28Z 2023-12-29T07:53:28Z 2009 Conference paper 10.1109/SCORED.2009.5442993 2-s2.0-77952665108 https://www.scopus.com/inward/record.uri?eid=2-s2.0-77952665108&doi=10.1109%2fSCORED.2009.5442993&partnerID=40&md5=a5e57343e60adc99868b0bb3c0219e74 https://irepository.uniten.edu.my/handle/123456789/30798 5442993 392 394 All Open Access; Green Open Access Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic ANFIS
ARMA
Load Forecasting
RegARMA
Errors
Neural networks
Regression analysis
Time series
Time series analysis
Appropriate models
ARMA model
Auto regressive models
Daily load forecasting
Engineering problems
Environmental phenomena
Forecasting models
Hybrid model
Load forecasting
Malaysians
Mean absolute percentage error
Order 2
Regression model
System loads
Times series
Electric load forecasting
spellingShingle ANFIS
ARMA
Load Forecasting
RegARMA
Errors
Neural networks
Regression analysis
Time series
Time series analysis
Appropriate models
ARMA model
Auto regressive models
Daily load forecasting
Engineering problems
Environmental phenomena
Forecasting models
Hybrid model
Load forecasting
Malaysians
Mean absolute percentage error
Order 2
Regression model
System loads
Times series
Electric load forecasting
Fadhilah R.Abd.
Amir H.H.
Izham A.Z.
Mahendran S.
Malaysian peak daily load forecasting
description Time series analysis has been applied intensively and sophisticatedly to model and forecast many problems in the biological, physical and environmental phenomena of interest. This fact accounts for the basic engineering problem in forecasting the daily peak system load to use time series analysis. ARMA and Regression with ARMA errors models are among the times series models considered. ANFIS, a hybrid model from neural network is also discussed as for comparison purposes. The main interest of the forecasts consists of three days up to seven days ahead predictions for daily data. The objective is to find an appropriate model for forecasting the Malaysian peak daily demand of electricity. The pure autoregressive model with an order 2 or AR (2) has the minimum AIC statistic value compared with other ARMA models. AR (2) model recorded the value for the mean absolute percentage error (MAPE) as 1.27 % for the prediction of 3 days ahead from Jan 1 to 3 , 2005. Besides AR(2) model, Regression model with ARMA errors and ANFIS were found to be among the best forecasting models for weekdays with MAPE value from 0.1% to 3%. �2009 IEEE.
author2 36988285400
author_facet 36988285400
Fadhilah R.Abd.
Amir H.H.
Izham A.Z.
Mahendran S.
format Conference paper
author Fadhilah R.Abd.
Amir H.H.
Izham A.Z.
Mahendran S.
author_sort Fadhilah R.Abd.
title Malaysian peak daily load forecasting
title_short Malaysian peak daily load forecasting
title_full Malaysian peak daily load forecasting
title_fullStr Malaysian peak daily load forecasting
title_full_unstemmed Malaysian peak daily load forecasting
title_sort malaysian peak daily load forecasting
publishDate 2023
_version_ 1806428085414789120