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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Main Author: Zhu, Nianyao
Other Authors: Xu Yan
Format: Thesis-Master by Coursework
Language:English
Published: Nanyang Technological University 2025
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Online Access:https://hdl.handle.net/10356/182955
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Institution: Nanyang Technological University
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spelling 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
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Engineering
spellingShingle Engineering
Zhu, Nianyao
Residential electricity load forecasting using deep learning tech
description 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
publisher Nanyang Technological University
publishDate 2025
url https://hdl.handle.net/10356/182955
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