Residential electricity load forecasting using deep learning tech
In this work, we adopt the multi-scale deep learning framework TimesNet, which embeds attention mechanisms to capture both short and long-term temporal dependencies of residential electricity demand. By fusing historical consumption data together with exogenous factors like temperature, humidi...
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2025
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sg-ntu-dr.10356-1829552025-03-14T15:47:26Z Residential electricity load forecasting using deep learning tech Zhu, Nianyao Xu Yan School of Electrical and Electronic Engineering xuyan@ntu.edu.sg Engineering In this work, we adopt the multi-scale deep learning framework TimesNet, which embeds attention mechanisms to capture both short and long-term temporal dependencies of residential electricity demand. By fusing historical consumption data together with exogenous factors like temperature, humidity, and calendar variables, the proposed approach models complex and evolving load patterns effectively. Experimental results over real datasets show that the proposed approach beats baseline approaches, such as LSTM and RNN, in terms of lower forecast error, ensuring superior performances also in regimes affected by high volatility and anomalous demand events. These results underpin the value of TimesNet to assist utilities with optimized operational decisions by shaving peak-loads and proactively informing energy management policies. Real-time deployment, interpretability analysis, and integration with spatially aware models are some of the coordinated regional forecasting issues that will be addressed in future works. Master's degree 2025-03-12T02:00:29Z 2025-03-12T02:00:29Z 2025 Thesis-Master by Coursework Zhu, N. (2025). Residential electricity load forecasting using deep learning tech. Master's thesis, Nanyang Technological University, Singapore. https://hdl.handle.net/10356/182955 https://hdl.handle.net/10356/182955 en application/pdf Nanyang Technological University |
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Engineering Zhu, Nianyao Residential electricity load forecasting using deep learning tech |
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In this work, we adopt the multi-scale deep learning framework TimesNet, which
embeds attention mechanisms to capture both short and long-term temporal
dependencies of residential electricity demand. By fusing historical consumption data
together with exogenous factors like temperature, humidity, and calendar variables,
the proposed approach models complex and evolving load patterns effectively.
Experimental results over real datasets show that the proposed approach beats baseline
approaches, such as LSTM and RNN, in terms of lower forecast error, ensuring
superior performances also in regimes affected by high volatility and anomalous
demand events. These results underpin the value of TimesNet to assist utilities with
optimized operational decisions by shaving peak-loads and proactively informing
energy management policies. Real-time deployment, interpretability analysis, and
integration with spatially aware models are some of the coordinated regional
forecasting issues that will be addressed in future works. |
author2 |
Xu Yan |
author_facet |
Xu Yan Zhu, Nianyao |
format |
Thesis-Master by Coursework |
author |
Zhu, Nianyao |
author_sort |
Zhu, Nianyao |
title |
Residential electricity load forecasting using deep learning tech |
title_short |
Residential electricity load forecasting using deep learning tech |
title_full |
Residential electricity load forecasting using deep learning tech |
title_fullStr |
Residential electricity load forecasting using deep learning tech |
title_full_unstemmed |
Residential electricity load forecasting using deep learning tech |
title_sort |
residential electricity load forecasting using deep learning tech |
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Nanyang Technological University |
publishDate |
2025 |
url |
https://hdl.handle.net/10356/182955 |
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