Short term power load forecasting using a modified generalized regression neural network

Short Term Load Forecasting is very important from the power systems grid operation point of view. The short term time frame may consist of half hourly prediction up to monthly prediction. Accurate forecasting would benefit the utility in terms of reliability and stability of the grid ensuring adequ...

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Main Authors: Yap K.S., Lim C.P.
Other Authors: 24448864400
Format: Conference paper
Published: 2023
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Institution: Universiti Tenaga Nasional
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spelling my.uniten.dspace-309502023-12-29T15:56:26Z Short term power load forecasting using a modified generalized regression neural network Yap K.S. Lim C.P. 24448864400 55666579300 ?-Insensitive loss function Generalized regression neural network Load forecasting Time series prediction Competition Neural networks Regression analysis Time series Financial performance Generalized regression neural network Grid operations Load demands Load forecasting Power load forecasting Power loads Power systems Prediction accuracies Reliability and stabilities Short term load forecasting Short terms Simulation results Support vector regressions Time frames Time series prediction Utility companies Electric load forecasting Short Term Load Forecasting is very important from the power systems grid operation point of view. The short term time frame may consist of half hourly prediction up to monthly prediction. Accurate forecasting would benefit the utility in terms of reliability and stability of the grid ensuring adequate supply is present to meet with the load demand. Apart from that it would also affect the financial performance of the utility company. An accurate forecast would result in better savings while maintaining the security of the grid. This paper outlines the short term load forecasting using a Modified Generalized Regression Neural Network (MGRNN). The experiments are based on the power load data from Jan 1997 to Jan 1999 of East Slovakian Electricity Corporation. Simulation results show that MGRNN has comparable prediction accuracy compared to benchmark result archived by Support Vector Regression. Final 2023-12-29T07:56:25Z 2023-12-29T07:56:25Z 2008 Conference paper 2-s2.0-62449274621 https://www.scopus.com/inward/record.uri?eid=2-s2.0-62449274621&partnerID=40&md5=9205f4979da70f04c10487ce2d25451f https://irepository.uniten.edu.my/handle/123456789/30950 180 184 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 ?-Insensitive loss function
Generalized regression neural network
Load forecasting
Time series prediction
Competition
Neural networks
Regression analysis
Time series
Financial performance
Generalized regression neural network
Grid operations
Load demands
Load forecasting
Power load forecasting
Power loads
Power systems
Prediction accuracies
Reliability and stabilities
Short term load forecasting
Short terms
Simulation results
Support vector regressions
Time frames
Time series prediction
Utility companies
Electric load forecasting
spellingShingle ?-Insensitive loss function
Generalized regression neural network
Load forecasting
Time series prediction
Competition
Neural networks
Regression analysis
Time series
Financial performance
Generalized regression neural network
Grid operations
Load demands
Load forecasting
Power load forecasting
Power loads
Power systems
Prediction accuracies
Reliability and stabilities
Short term load forecasting
Short terms
Simulation results
Support vector regressions
Time frames
Time series prediction
Utility companies
Electric load forecasting
Yap K.S.
Lim C.P.
Short term power load forecasting using a modified generalized regression neural network
description Short Term Load Forecasting is very important from the power systems grid operation point of view. The short term time frame may consist of half hourly prediction up to monthly prediction. Accurate forecasting would benefit the utility in terms of reliability and stability of the grid ensuring adequate supply is present to meet with the load demand. Apart from that it would also affect the financial performance of the utility company. An accurate forecast would result in better savings while maintaining the security of the grid. This paper outlines the short term load forecasting using a Modified Generalized Regression Neural Network (MGRNN). The experiments are based on the power load data from Jan 1997 to Jan 1999 of East Slovakian Electricity Corporation. Simulation results show that MGRNN has comparable prediction accuracy compared to benchmark result archived by Support Vector Regression.
author2 24448864400
author_facet 24448864400
Yap K.S.
Lim C.P.
format Conference paper
author Yap K.S.
Lim C.P.
author_sort Yap K.S.
title Short term power load forecasting using a modified generalized regression neural network
title_short Short term power load forecasting using a modified generalized regression neural network
title_full Short term power load forecasting using a modified generalized regression neural network
title_fullStr Short term power load forecasting using a modified generalized regression neural network
title_full_unstemmed Short term power load forecasting using a modified generalized regression neural network
title_sort short term power load forecasting using a modified generalized regression neural network
publishDate 2023
_version_ 1806424231621165056