Urban data analytics for better power grid management

Technology advancement has allowed efficient and highly accurate collection of data generated by human activity in space and time. The large amount of data often also known as big data, is essential for uncovering new insights to enable better decision making. Harnessing these human activity data, n...

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Bibliographic Details
Main Author: Neo, Shannon Si Lin
Other Authors: Tan Rui
Format: Final Year Project
Language:English
Published: 2018
Subjects:
Online Access:http://hdl.handle.net/10356/76149
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Institution: Nanyang Technological University
Language: English
Description
Summary:Technology advancement has allowed efficient and highly accurate collection of data generated by human activity in space and time. The large amount of data often also known as big data, is essential for uncovering new insights to enable better decision making. Harnessing these human activity data, namely electricity demand and consumption, is greatly beneficial to many societal applications such as urban planning through more effective power grid management. This project will be conducted on a relevant geographical area, Trentino region in Italy, where there is access to their open big data resources. The utilization of a real dataset which contains nearly 1 million rows of electricity consumption records is adaptive to its local electricity demand and provides a more accurate and localized electricity consumption prediction result. The study proposes using a deep learning model, which is a special type of Recurrent Neural Network (RNN), known as Long Short-Term memory (LSTM). The LSTM model is particularly useful for time series datasets and has demonstrate high performance in prediction accuracy.