A two-stage multistep-ahead electricity load forecasting scheme based on lightgbm and attention-bilstm

Jinwoong Park, Eenjun Hwang

Research output: Contribution to journalArticlepeer-review

Abstract

An efficient energy operation strategy for the smart grid requires accurate day-ahead electricity load forecasts with high time resolutions, such as 15 or 30 min. Most high-time resolution electricity load prediction techniques deal with a single output prediction, so their ability to cope with sudden load changes is limited. Multistep-ahead forecasting addresses this problem, but conventional multistep-ahead prediction models suffer from deterioration in prediction performance as the prediction range is expanded. In this paper, we propose a novel two-stage multistep-ahead forecasting model that combines a single-output forecasting model and a multistep-ahead forecasting model to solve the aforementioned problem. In the first stage, we perform a single-output prediction based on recent electricity load data using a light gradient boosting machine with time-series cross-validation, and feed it to the second stage. In the second stage, we construct a multistep-ahead forecasting model that applies an attention mechanism to sequence-to-sequence bidirectional long short-term memory (S2S ATT-BiLSTM). Compared to the single S2S ATT-BiLSTM model, our proposed model achieved improvements of 3.23% and 4.92% in mean absolute percentage error and normalized root mean square error, respectively.

Original languageEnglish
Article number7697
JournalSensors
Volume21
Issue number22
DOIs
Publication statusPublished - 2021 Nov 1

Keywords

  • Attention mechanism
  • Electricity load forecasting
  • Light gradient boosting machine
  • Multistep-ahead forecasting
  • Smart grid

ASJC Scopus subject areas

  • Analytical Chemistry
  • Information Systems
  • Atomic and Molecular Physics, and Optics
  • Biochemistry
  • Instrumentation
  • Electrical and Electronic Engineering

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