LSTM Based Short-term Electricity Consumption Forecast with Daily Load Profile Sequences | IEEE Conference Publication | IEEE Xplore

LSTM Based Short-term Electricity Consumption Forecast with Daily Load Profile Sequences


Abstract:

For energy-related services and researches, not only the energy load data in the past but also the future are essential. In this paper, a short-term electricity consumpti...Show More

Abstract:

For energy-related services and researches, not only the energy load data in the past but also the future are essential. In this paper, a short-term electricity consumption prediction method is proposed. The method utilizes Long-Short-Term-Memory (LSTM) network which takes a sequence of past consumption profiles to perform a month-ahead electricity consumption prediction as a sequence. For performance analysis, an experiment with a real dataset is done, and the experimental result validates that the proposed method performs well with the prediction accuracy of about 82.5%. The test accuracy can be improved with a longer period of training time and deliberate hyperparameter setting.
Date of Conference: 09-12 October 2018
Date Added to IEEE Xplore: 13 December 2018
ISBN Information:
Print on Demand(PoD) ISSN: 2378-8143
Conference Location: Nara, Japan

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