Title
Probabilistic Load Forecasting Using An Improved Wavelet Neural Network Trained By Generalized Extreme Learning Machine
Abstract
Competitive transactions resulting from recent restructuring of the electricity market, have made achieving a precise and reliable load forecasting, especially probabilistic load forecasting, an important topic. Hence, this paper presents a novel hybrid method of probabilistic electricity load forecasting, including generalized extreme learning machine fin- training an improved wavelet neural network, wavelet preprocessing and bootstrapping. In the proposed method, the forecasting model and data noise uncertainties are taken into account while the output of the model is the load probabilistic interval. In order to validate the method, it is implemented on the Ontario and Australian electricity markets data. Also, in order to remove the influence of model parameters and data on performance validation, Friedman and post-hoc tests, which are non-parametric tests, are applied to the proposed method. The results demonstrate the high performance, accuracy, and reliability of the proposed method.
Year
DOI
Venue
2018
10.1109/TSG.2018.2807845
IEEE TRANSACTIONS ON SMART GRID
Keywords
Field
DocType
Probabilistic forecasting, improved wavelet neural network, generalized extreme learning machine, bootstrapping, wavelet processing
Electricity market,Data mining,Electricity,Bootstrapping,Extreme learning machine,Control engineering,Preprocessor,Probabilistic logic,Engineering,Artificial neural network,Wavelet
Journal
Volume
Issue
ISSN
9
6
1949-3053
Citations 
PageRank 
References 
1
0.38
0
Authors
5
Name
Order
Citations
PageRank
Mehdi Rafiei1153.38
Taher Niknam2152.64
Jamshid Aghaei35419.74
Miadreza Shafie-khah44324.07
João P. S. Catalão5277.46