• Title/Summary/Keyword: energy forecasting

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A Study on the Building Energy Analysis and Algorithm of Energy Management System (건물 에너지 분석 및 에너지 관리 시스템 알고리즘에 관한 연구)

  • Han, Byung-Jo;Park, Ki-Kwang;Koo, Kyung-Wan;Yang, Hai-Won
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.58 no.4
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    • pp.505-510
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    • 2009
  • In this paper, building energy analysis and energy cost of power stand up and demand control over the power proposed to reduce power demand. Through analysis of the load power demand special day were able to apply the pattern. In addition, the existing rate of change of load forecasting to reduce the large errors were not previously available data. And daily schedules and special day for considering the exponential smoothing methods were used. Previous year's special day and the previous day due to the uncertainty of the load and the model components were considered. The maximum demand power control simulation using the fuzzy control of power does not exceed the contract. Through simulation, the benefits of the proposed energy-saving techniques were demonstrated.

Forecasting of Electricity Demand for Fishing Industry Based on Genetic Algorithm approach (유전자 알고리즘에 기반한 수산업 전력 수요 예측에 관한 연구)

  • Kim, Heung-Soe;Lee, Sung-Geun
    • Journal of the Korea Convergence Society
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    • v.8 no.1
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    • pp.19-23
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    • 2017
  • Energy is a vital resource for the economic growth and the social development for any country. As the industry becomes more sophisticated and the economy more grows, the electricity demand is increasing. So forecasting electricity demand is an important for electricity suppliers. Forecasting electricity demand makes it possible to distribute electricity demand. As the market for Negawatt market began to grow in Korea from 2014, the prediction of electricity consumption demand becomes more important. Moreover, power consumption forecasting provides a way for demand management to be directly or indirectly participated by consumers in the electricity market. We use Genetic Algorithms to predict the energy demand of the fishing industry in Jeju Island by using GDP, per capita gross national income, value add, and domestic electricity consumption from 1999 to 2011. Genetic Algorithm is useful for finding optimal solutions in various fields. In this paper, genetic algorithm finds optimal parameters. The objective is to find the optimal value of the coefficients used to predict the electricity demand and to minimize the error rate between the predicted value and the actual power consumption values.

Mid-Term Energy Demand Forecasting Using Conditional Restricted Boltzmann Machine (조건적 제한된 볼츠만머신을 이용한 중기 전력 수요 예측)

  • Kim, Soo-Hyun;Sun, Young-Ghyu;Lee, Dong-gu;Sim, Is-sac;Hwang, Yu-Min;Kim, Hyun-Soo;Kim, Hyung-suk;Kim, Jin-Young
    • Journal of IKEEE
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    • v.23 no.1
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    • pp.127-133
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    • 2019
  • Electric power demand forecasting is one of the important research areas for future smart grid introduction. However, It is difficult to predict because it is affected by many external factors. Traditional methods of forecasting power demand have been limited in making accurate prediction because they use raw power data. In this paper, a probability-based CRBM is proposed to solve the problem of electric power demand prediction using raw power data. The stochastic model is suitable to capture the probabilistic characteristics of electric power data. In order to compare the mid-term power demand forecasting performance of the proposed model, we compared the performance with Recurrent Neural Network(RNN). Performance comparison using electric power data provided by the University of Massachusetts showed that the proposed algorithm results in better performance in mid-term energy demand forecasting.

The Effect of Changes of the Housing Type on Long-Term Load Forecasting (가족구성형태의 변화가 주택용 부하의 장기 전력수요예측에 미치는 영향 분석)

  • Kim, Sung-Yul
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.9
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    • pp.1276-1280
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    • 2015
  • Among the various statistical factors for South Korea, the population has been steadily decreased by lower birthrate. Nevertheless, the number of household is constantly increasing amid population aging and single life style. In general, residential electricity use is more the result of the number of household than the population. Therefore, residential electricity consumption is expected to be far higher for decades to come. The existing long-term load forecasting, however, do not necessarily reflect the growth of single and two-member households. In this respect, this paper proposes the long-term load forecasting for residential users considering the effect of changes of the housing type, and in the case study the changes of the residential load pattern is analyzed for accurate long-term load forecasting.

Further Advances in Forecasting Day-Ahead Electricity Prices Using Time Series Models

  • Guirguis, Hany S.;Felder, Frank A.
    • KIEE International Transactions on Power Engineering
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    • v.4A no.3
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    • pp.159-166
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    • 2004
  • Forecasting prices in electricity markets is critical for consumers and producers in planning their operations and managing their price risk. We utilize the generalized autoregressive conditionally heteroskedastic (GARCH) method to forecast the electricity prices in two regions of New York: New York City and Central New York State. We contrast the one-day forecasts of the GARCH against techniques such as dynamic regression, transfer function models, and exponential smoothing. We also examine the effect on our forecasting of omitting some of the extreme values in the electricity prices. We show that accounting for the extreme values and the heteroskedactic variance in the electricity price time-series can significantly improve the accuracy of the forecasting. Additionally, we document the higher volatility in New York City electricity prices. Differences in volatility between regions are important in the pricing of electricity options and for analyzing market performance.

Long-term Load Forecasting considering economic indicator (경제지표를 고려한 장기전력부하예측 기법)

  • Choi, Sang-Bong;Kim, Dae-Kyeong;Jeong, Seong-Hwan;Bae, Jeong-Hyo;Ha, Tae-Hwan;Lee, Hyun-Goo;Lee, Kang-Sae
    • Proceedings of the KIEE Conference
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    • 1998.07c
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    • pp.1163-1165
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    • 1998
  • This paper presents a method of the regional long-term load forecasting considering economic indicator with the assuption that energy demands proportionally increases with the economic indicators. For the accurate load forecasting, it is very important to scrutinize the correlation among the regional electric power demands, economic indicator and other characteristics because load forecasting results may vary depending on many different factors such as electric power demands, gross products, social trend and so on. Three steps are microscopically and macroscopically used for the regional long-term load forecasting in order to increase the accuracy and practically of the results.

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Development of the Wind Power Forecasting System, KIER Forecaster (풍력발전 예보시스템 KIER Forecaster의 개발)

  • Kim, Hyun-Goo;Jang, Mun-Seok;Kyong, Nam-Ho;Lee, Yung-Seop
    • 한국신재생에너지학회:학술대회논문집
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    • 2006.06a
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    • pp.323-324
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    • 2006
  • In the present paper a forecasting system of wind power generation for Walryong Site, Jejudo is presented, which has been developed and evaluated as a first step toward establishing Korea Forecasting Model of Wind Power Generation. The forecasting model, KIER forecaster is constructed based on statistical models and is trained with wind speed data observed at Gosan Weather Station nearby Walryong Si to. Due to short period of measurements at Walryong Site for training statistical model, Gosan wind data were substituted and transplanted to Walryong Site by using Measure-Correlate-Predict technique. Three-hour advanced forecast ins shows good agreement with the measurement at Walryong site with the correlation factor 0.88 and MAE(mean absolute error) 15% under.

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Load Forecasting using Hierarchical Clustering Method for Building (계층적 군집분석방법을 활용한 건물 부하의 전력수요예측)

  • Hwang, Hye-Mi;Lee, Sung-Hee;Park, Jong-Bae;Park, Yong-Gi;Son, Sung-Yong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.1
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    • pp.41-47
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    • 2015
  • In recent years, energy supply cases to take advantage of EMS(Energy Management System) are increasing according to high interest of energy efficiency. The important factor for essential and economical EMS operation is the supply and demand plan the hourly power demand of building load using the hierarchical clustering method of variety statistical techniques, and use the real historical data of target load. Also the estimated results of study are obtained the reliability through separate tests of validity.

Real-Time Peak Shaving Algorithm Using Fuzzy Wind Power Generation Curves for Large-Scale Battery Energy Storage Systems

  • Son, Subin;Song, Hwachang
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.14 no.4
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    • pp.305-312
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    • 2014
  • This paper discusses real-time peak shaving algorithms for a large-scale battery energy storage system (BESS). Although several transmission and distribution functions could be implemented for diverse purposes in BESS applications, this paper focuses on a real-time peak shaving algorithm for an energy time shift, considering wind power generation. In a high wind penetration environment, the effective load levels obtained by subtracting the wind generation from the load time series at each long-term cycle time unit are needed for efficient peak shaving. However, errors can exist in the forecast load and wind generation levels, and the real-time peak shaving operation might require a method for wind generation that includes comparatively large forecasting errors. To effectively deal with the errors of wind generation forecasting, this paper proposes a real-time peak shaving algorithm for threshold value-based peak shaving that considers fuzzy wind power generation.

Policy implication of nuclear energy's potential for energy optimization and CO2 mitigation: A case study of Fujian, China

  • Peng, Lihong;Zhang, Yi;Li, Feng;Wang, Qian;Chen, Xiaochou;Yu, Ang
    • Nuclear Engineering and Technology
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    • v.51 no.4
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    • pp.1154-1162
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    • 2019
  • China is undertaking an energy reform from fossil fuels to clean energy to accomplish $CO_2$ intensity (CI) reduction commitments. After hydropower, nuclear energy is potential based on breadthwise comparison with the world and analysis of government energy consumption (EC) plan. This paper establishes a CI energy policy response forecasting model based on national and provincial EC plans. This model is then applied in Fujian Province to predict its CI from 2016 to 2020. The result shows that CI declines at a range of 43%-53% compared to that in 2005 considering five conditions of economic growth in 2020. Furthermore, Fujian will achieve the national goals in advance because EC is controlled and nuclear energy ratio increased to 16.4% (the proportion of non-fossil in primary energy is 26.7%). Finally, the development of nuclear energy in China and the world are analyzed, and several policies for energy optimization and CI reduction are proposed.