Power load demand forecasting

Electricity load demand is the fundamental building block for all utilities planning. In recent years, due to new developments, electricity generation are deregulated and decentralized causing high fluctuations in the power load. The basis of this project is to inspect different state-of-art fore...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Palaninathan, Aruna Charukesi
مؤلفون آخرون: Ponnuthurai Nagaratnam Suganthan
التنسيق: Final Year Project
اللغة:English
منشور في: 2016
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/10356/68242
الوسوم: إضافة وسم
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spelling sg-ntu-dr.10356-682422023-07-07T15:44:36Z Power load demand forecasting Palaninathan, Aruna Charukesi Ponnuthurai Nagaratnam Suganthan School of Electrical and Electronic Engineering Ponnuthurai Nagaratnam Suganthan DRNTU::Engineering Electricity load demand is the fundamental building block for all utilities planning. In recent years, due to new developments, electricity generation are deregulated and decentralized causing high fluctuations in the power load. The basis of this project is to inspect different state-of-art forecasting methods and to determine their suitability and efficiency in providing precise forecasts. The first phase of the project was focused on the theory and concepts of the various forecasting methods available. In the subsequent phases, models for short-term load demand forecasting was programmed. In this research, 12 models were constructed based on 7 different techniques. The techniques are: neural network, random forest, support vector regression, autoregressive integrated moving average, empirical mode decomposition, ensemble empirical mode decomposition and lastly complete ensemble empirical mode decomposition with adaptive noise. Once the models were built, they were estimated and forecasted for four different time period intervals. Then, performance measures were applied to the forecast and actual value to study the efficiency and accuracy of the model. The results of the models and the creation process of the models were clearly illustrated in the next few sections of this report. Bachelor of Engineering 2016-05-25T03:38:02Z 2016-05-25T03:38:02Z 2016 Final Year Project (FYP) http://hdl.handle.net/10356/68242 en Nanyang Technological University 95 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering
spellingShingle DRNTU::Engineering
Palaninathan, Aruna Charukesi
Power load demand forecasting
description Electricity load demand is the fundamental building block for all utilities planning. In recent years, due to new developments, electricity generation are deregulated and decentralized causing high fluctuations in the power load. The basis of this project is to inspect different state-of-art forecasting methods and to determine their suitability and efficiency in providing precise forecasts. The first phase of the project was focused on the theory and concepts of the various forecasting methods available. In the subsequent phases, models for short-term load demand forecasting was programmed. In this research, 12 models were constructed based on 7 different techniques. The techniques are: neural network, random forest, support vector regression, autoregressive integrated moving average, empirical mode decomposition, ensemble empirical mode decomposition and lastly complete ensemble empirical mode decomposition with adaptive noise. Once the models were built, they were estimated and forecasted for four different time period intervals. Then, performance measures were applied to the forecast and actual value to study the efficiency and accuracy of the model. The results of the models and the creation process of the models were clearly illustrated in the next few sections of this report.
author2 Ponnuthurai Nagaratnam Suganthan
author_facet Ponnuthurai Nagaratnam Suganthan
Palaninathan, Aruna Charukesi
format Final Year Project
author Palaninathan, Aruna Charukesi
author_sort Palaninathan, Aruna Charukesi
title Power load demand forecasting
title_short Power load demand forecasting
title_full Power load demand forecasting
title_fullStr Power load demand forecasting
title_full_unstemmed Power load demand forecasting
title_sort power load demand forecasting
publishDate 2016
url http://hdl.handle.net/10356/68242
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