Title
Electric load forecasting in smart grids using Long-Short-Term-Memory based Recurrent Neural Network
Abstract
Electric load forecasting plays a vital role in smart grids. Short term electric load forecasting forecasts the load that is several hours to several weeks ahead. Due to the nonlinear, non-stationary and nonseasonal nature of the short term electric load time series in small scale power systems, accurate forecasting is challenging. This paper explores Long-Short-Term-Memory (LSTM) based Recurrent Neural Network (RNN) to deal with this challenge. LSTM-based RNN is able to exploit the long term dependencies in the electric load time series for more accurate forecasting. Experiments are conducted to demonstrate that LSTM-based RNN is capable of forecasting accurately the complex electric load time series with a long forecasting horizon. Its performance compares favorably to many other forecasting methods.
Year
DOI
Venue
2017
10.1109/CISS.2017.7926112
2017 51st Annual Conference on Information Sciences and Systems (CISS)
Keywords
Field
DocType
Electric load forecasting,univariate time series,smart grids,recurrent neural network (RNN),long-short-term-memory (LSTM)
Time series,Nonlinear system,Electrical load,Smart grid,Computer science,Recurrent neural network,Long short term memory,Electric power system,Load forecasting,Real-time computing
Conference
ISBN
Citations 
PageRank 
978-1-5090-2697-5
3
0.42
References 
Authors
13
4
Name
Order
Citations
PageRank
Zheng Jian1165.31
Cencen Xu230.42
Ziang Zhang3175.14
Xiaohua Li435438.22