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Results for “medium-term load forecasting”

Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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All sourcesNASA NTRSDOE OSTI
DOE OSTI2020

Considerations for Medium-Term Load Forecasting in Morocco

There are many factors that determine how demand for electricity may change over time. Medium-term load forecasting is a subset of load forecasting that focuses on the next year. This presentation summarizes analysis performed by NREL on medium-term load forecasting performed for the Moroccan energy system. This analysis includes hourly regressions and load clustering. This work also describes potential next steps that can be implemented by ONEE to improve this medium-term load forecasting.

54 ENVIRONMENTAL SCIENCES↗
DOE OSTI2023

Regional Medium-Term Hourly Electricity Demand Forecasting Based on LSTM

This paper aims to forecast high-resolution (hourly) aggregated load for a certain region in the medium term (a few days to over a year). One region is defined as some places with similar climate characteristics because the climate influences people's daily lifestyles and hence the electric usage. We decom- pose the electric usage records into two parts: base load and seasonal load. Considering both temperature and time factors, different deep learning methods are adopted to characterize them. The first goal of our approach is to predict the peak load which is critical for power system planning. Furthermore, our proposed forecast method can provide the depiction of the hourly load profile to provide customized load curves for high- level real-time applications. The proposed method is tested on real-world historical data collected by CAISO, BPA, and PACW. The experimental results show that trained by three years of data, our method could reduce the prediction error for one-year lead hourly load below 5% MAPE, and predict the occurrence of the peak load for next year in CAISO with an error within three days. Furthermore, as a byproduct, an interesting observation on the impact of COVID-19 on human life was made and discussed based on these case studies.

deep learning↗
DOE OSTI2023

Regional Medium-Term Hourly Electricity Demand Forecasting Based on LSTM

This paper aims to forecast high-resolution (hourly) aggregated load for a certain region in the medium term (a few days to over a year). One region is defined as some places with similar climate characteristics because the climate influences people's daily lifestyles and hence the electric usage. We decompose the electric usage records into two parts: base load and seasonal load. Considering both temperature and time factors, different deep-learning methods are adopted to characterize them. The first goal of our approach is to predict the peak load which is critical for power system planning. Furthermore, our proposed forecast method can provide the depiction of the hourly load profile to provide customized load curves for high-level real-time applications. The proposed method is tested on real-world historical data collected by CAISO, BPA, and PACW. The experimental results show that trained by three years of data, our method could reduce the prediction error for a one-year lead hourly load below $5\%$ MAPE, and predict the occurrence of the peak load for next year in CAISO with an error within three days. Furthermore, as a byproduct, an interesting observation on the impact of COVID-19 on human life was made and discussed based on these case studies.

deep learning↗
DOE OSTI2023

Regional Medium-Term Hourly Electricity Demand Forecasting Based on LSTM: Preprint

This paper aims to forecast high-resolution (hourly) aggregated load for a certain region in the medium term (a few days to over a year). One region is defined as some places with similar climate characteristics because the climate influences people's daily lifestyles and hence the electric usage. We decompose the electric usage records into two parts: base load and seasonal load. Considering both temperature and time factors, different deep-learning methods are adopted to characterize them. The first goal of our approach is to predict the peak load which is critical for power system planning. Furthermore, our proposed forecast method can provide the depiction of the hourly load profile to provide customized load curves for high-level real-time applications. The proposed method is tested on real-world historical data collected by CAISO, BPA, and PACW. The experimental results show that trained by three years of data, our method could reduce the prediction error for a one-year lead hourly load below 5% MAPE, and predict the occurrence of the peak load for next year in CAISO with an error within three days. Furthermore, as a byproduct, an interesting observation on the impact of COVID-19 on human life was made and discussed based on these case studies.

deep learning↗