Forecasting for smart energy: an accurate and effificient negative binomial additive model

Smart energy requires accurate and effificient short-term electric load forecasting to enable effificient energy management and active real-time power control. Forecasting accuracy is inflfluenced by the char acteristics of electrical load particularly overdispersion, nonlinearity, autocorrelation a...

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Main Authors: Daraghmi, Yousef-Awwad (Author), Yaser Daraghmi, Eman (Author), Daadoo, Motaz (Author), Alsaadi, Samer (Author)
Format: EJournal Article
Published: Institute of Advanced Engineering and Science, 2020-11-01.
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042 |a dc 
100 1 0 |a Daraghmi, Yousef-Awwad  |e author 
100 1 0 |e contributor 
700 1 0 |a Yaser Daraghmi, Eman  |e author 
700 1 0 |a Daadoo, Motaz  |e author 
700 1 0 |a Alsaadi, Samer  |e author 
245 0 0 |a Forecasting for smart energy: an accurate and effificient negative binomial additive model 
260 |b Institute of Advanced Engineering and Science,   |c 2020-11-01. 
500 |a https://ijeecs.iaescore.com/index.php/IJEECS/article/view/21624 
520 |a Smart energy requires accurate and effificient short-term electric load forecasting to enable effificient energy management and active real-time power control. Forecasting accuracy is inflfluenced by the char acteristics of electrical load particularly overdispersion, nonlinearity, autocorrelation and seasonal patterns. Although several fundamental forecasting methods have been proposed, accurate and effificient forecasting methods that can consider all electric load characteristics are still needed. Therefore, we propose a novel model for short-term electric load forecasting. The model adopts the negative binomial additive models (NBAM) for handling overdispersion and capturing the nonlinearity of electric load. To address the season ality, the daily load pattern is classifified into high, moderate, and low seasons, and the autocorrelation of load is modeled separately in each season. We also consider the effificiency of forecasting since the NBAM captures the behavior of predictors by smooth functions that are estimated via a scoring algorithm which has low computational demand. The proposed NBAM is applied to real-world data set from Jericho city, and its accuracy and effificiency outperform those of the other models used in this context. 
540 |a Copyright (c) 2020 Institute of Advanced Engineering and Science 
540 |a http://creativecommons.org/licenses/by-nc/4.0 
546 |a eng 
690
690 |a Negative binomial additive models; Nonlinearity; Overdispersion; Seasonal patterns; Short-term load forecasting; Smart energy; Temporal autocorrelation 
655 7 |a info:eu-repo/semantics/article  |2 local 
655 7 |a info:eu-repo/semantics/publishedVersion  |2 local 
655 7 |2 local 
786 0 |n Indonesian Journal of Electrical Engineering and Computer Science; Vol 20, No 2: November 2020; 1000-1006 
786 0 |n 2502-4760 
786 0 |n 2502-4752 
786 0 |n 10.11591/ijeecs.v20.i2 
787 0 |n https://ijeecs.iaescore.com/index.php/IJEECS/article/view/21624/14312 
856 4 1 |u https://ijeecs.iaescore.com/index.php/IJEECS/article/view/21624/14312  |z Get fulltext