• Journal of Korea Society of Industrial Information Systems
• /
• v.29 no.3
• /
• pp.51-65
• /
• 2024

Accurate electrical load forecasting is important to the effective operation of power systems in smart grids. With the recent development in machine learning, artificial intelligence-based models for predicting power demand are being actively researched. However, since existing models get input variables as numerical features, the accuracy of the forecasting model may decrease because they do not reflect the semantic relationship between these features. In this paper, we propose a scheme for short-term load forecasting by using features extracted through the large language models for input data. We firstly convert input variables into a sentence-like prompt format. Then, we use the large language model with frozen weights to derive the embedding vectors that represent the features of the prompt. These vectors are used to train the forecasting model. Experimental results show that the proposed scheme outperformed models based on numerical data, and by visualizing the attention weights in the large language models on the prompts, we identified the information that significantly influences predictions.

• Communications for Statistical Applications and Methods
• /
• v.22 no.6
• /
• pp.675-683
• /
• 2015

In the 21st century, we now face the serious problems of the enormous consumption of the energy resources. Depending on the power consumption increases, both China and South Korea face a reduction in available resources. This paper considers the regression models and time-series models to compare the performance of the forecasting accuracy based on Mean Absolute Percentage Error (MAPE) in order to forecast the electricity demand accurately on the short-term period (68 months) data in Northeast China and find the relationship with Korea. Among the models the support vector regression (SVR) model shows superior performance than time-series models for the short-term period data and the time-series models show similar results with the SVR model when we use long-term period data.

• International Journal of Computer Science & Network Security
• /
• v.21 no.2
• /
• pp.77-87
• /
• 2021

In this study, a novel improved second order Radial Basis Function Neural Network based method with excellent scheduling capabilities is used for the dynamic prediction of short and long-term energy required applications. The effectiveness and the reliability of the algorithm are evaluated using training operations with New England-ISO database. The dynamic prediction algorithm is implemented in Matlab and the computation of mean absolute error and mean absolute percent error, and training time for the forecasted load, are determined. The results show the impact of temperature and other input parameters on the accuracy of solar Photovoltaic load forecasting. The mean absolute percent error is found to be between 1% to 3% and the training time is evaluated from 3s to 10s. The results are also compared with the previous studies, which show that this new method predicts short and long-term load better than sigmoidal neural network and bagged regression trees. The forecasted energy is found to be the nearest to the correct values as given by England ISO database, which shows that the method can be used reliably for short and long-term load forecasting of any electrical system.

• Journal of Information Processing Systems
• /
• v.14 no.6
• /
• pp.1385-1397
• /
• 2018

There are many factors that affect the wind speed. In addition, the randomness of wind speed also leads to low prediction accuracy for wind speed. According to this situation, this paper constructs the short-time forecasting model based on the least squares support vector machines (LSSVM) to forecast the wind speed. The basis of the model used in this paper is support vector regression (SVR), which is used to calculate the regression relationships between the historical data and forecasting data of wind speed. In order to improve the forecast precision, historical data is clustered by cluster analysis so that the historical data whose changing trend is similar with the forecasting data can be filtered out. The filtered historical data is used as the training samples for SVR and the parameters would be optimized by particle swarm optimization (PSO). The forecasting model is tested by actual data and the forecast precision is more accurate than the industry standards. The results prove the feasibility and reliability of the model.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.59 no.11
• /
• pp.1956-1963
• /
• 2010

Studies on the development of various energy management programs and real-time bidirectional information infrastructures have been actively conducted to promote the reduction of power demands and CO2 emissions effectively. In the conventional energy management programs, the demand response program that can transition or transfer the power use spontaneously for power prices and other signals has been largely used throughout the inside and outside of the country. For measuring the effect of such demand response program, it is necessary to exactly estimate short-term loads. In this study, the power consumption patterns in both individual and group consumers were analyzed to estimate the exact short-term loads, and the relationship between the actual power consumption and seasonal factors was also analyzed.

• Proceedings of the KIEE Conference
• /
• summer
• /
• pp.698-700
• /
• 2004

Electric power restructuring offers a major change to the vertically integrated utility monopoly. Deregulation has had a great impact on the electric power industry in various countries. Bidding competition is one of the main transaction approaches after deregulation. The energy trading levels between market participants is largely dependent on the short-term price forecasts. This paper presents the short-term System Marginal Price (SMP) forecasting implementation using backpropagation Neural Network in competitive electricity market. Demand and SMP that supplied from Korea Power Exchange (KPX) are used by a input data and then predict SMP. It needs to analysis the input data for accurate prediction.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.65 no.7
• /
• pp.1144-1150
• /
• 2016

Short-term load forecasting is essential to the electricity pricing and stable power system operations. The conventional weekday 24-hour load forecasting algorithms consider the temperature model to forecast maximum load and minimum load. But 24-hour load pattern forecasting models do not consider temperature effects, because hourly temperature forecasts were not present until the latest date. Recently, 3 hour temperature forecast is announced, therefore hourly temperature forecasts can be produced by mathematical techniques such as various interpolation methods. In this paper, a new 24-hour load pattern forecasting method is proposed by using similar day search considering the hourly temperature. The proposed method searches similar day input data based on the anomalous weather features such as continuous temperature drop or rise, which can enhance 24-hour load pattern forecasting performance, because it uses the past days having similar hourly temperature features as input data. In order to verify the effectiveness of the proposed method, it was applied to the case study. The case study results show high accuracy of 24-hour load pattern forecasting.

• Proceedings of the KIEE Conference
• /
• 1992.07a
• /
• pp.495-497
• /
• 1992

Hourly load forecasting has become indispensable for practical simulation of electric power system as the system become larger and more complicated. To forecast the future hourly load the cyclic behavior of electric load which follows seasonal weather, day or week and office hours is to be analyzed so that the trend of the recent behavioral change can be extrapolated for the short term. For the long term, on the other hand, the changes in the infra-structure of each electricity consumer groups should be assessed. In this paper the concept and process of hourly load forecasting for hourly load is introduced.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
• /
• 2006.05a
• /
• pp.779-783
• /
• 2006

A The estimation of electrical power consumption is becoming more important to supply stabilized electrical power recently. In this paper, we propose a supplied forecasting system of electrical power using Fuzzy Compensative Algorithm to estimate electrical load accurately than the previous. We evaluate a time series of supplied electrical power have the chaotic character using quantitative and qualitative analysis, compose a forecasting system by the maximum change $rate(\alpha)$ of Fuzzy Algorithm and compensative parameter. Simulating it for obtained time series, we can obtain more accurate results than the previous proposed system.

• International Journal of Fuzzy Logic and Intelligent Systems
• /
• v.9 no.4
• /
• pp.327-332
• /
• 2009

This paper proposes a method to improve the accuracy of a short-term electrical load forecasting (STLF) system based on neuro-fuzzy models. The proposed method compensates load forecasts based on the error obtained during the previous prediction. The basic idea behind this approach is that the error of the current prediction is highly correlated with that of the previous prediction. This simple compensation scheme using error information drastically improves the performance of the STLF based on neuro-fuzzy models. The viability of the proposed method is demonstrated through the simulation studies performed on the load data collected by Korea Electric Power Corporation (KEPCO) in 1996 and 1997.