Research and application of short-term load forecasting based on CEEMDAN-LSTM modeling

Accurate short-term load forecasting plays a crucial role in guiding and regulating the operation of power companies. In this study, we propose a combined prediction model based on Long Short-Term Memory (LSTM) and Improved Whale Optimization Algorithm (IWOA) to enhance prediction accuracy and address the limitations of existing single methods. The parameter optimization of the LSTM model requires significant computing resources and time. To tackle this issue, we introduced the Whale Optimization Algorithm (WOA) and improved the algorithm through the roulette method to form a whale optimization algorithm that enhances its global search capability and avoids falling into local optimal solutions. Additionally, in order to handle the nonlinearity and non-smoothness of the input data of the model, we utilized fully integrated Empirical Mode Decomposition with Adaptive Noise (CEEMDAN) in this study to improve the efficiency of model training. By combining these techniques, we constructed a new CEEMDAN-IWOA-LSTM combined prediction model. The simulation results in MATLAB demonstrate that the prediction accuracy of this model reaches 99.05 %, which surpasses other prediction models in all evaluation indexes.

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Publication Details

Journal
Energy Reports
Published
2024-08-15
DOI
https://doi.org/10.1016/j.egyr.2024.08.035
Citations
17
Primary Topic
Energy Load and Power Forecasting
Type
article
Field-Weighted Citation Impact
3.55
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Research and application of short-term load forecasting based on CEEMDAN-LSTM modeling

Lei Shao, Chao Li, Zhenyu Li, Hongli Liu et al.
17 citations
Energy Reports
Energy Load and Power Forecasting
3.55
article

Research and application of short-term load forecasting based on CEEMDAN-LSTM modeling

Lei Shao, Chao Li, Zhenyu Li, Hongli Liu, Ji Li
article en
17 citations

Abstract

Accurate short-term load forecasting plays a crucial role in guiding and regulating the operation of power companies. In this study, we propose a combined prediction model based on Long Short-Term Memory (LSTM) and Improved Whale Optimization Algorithm (IWOA) to enhance prediction accuracy and address the limitations of existing single methods. The parameter optimization of the LSTM model requires significant computing resources and time. To tackle this issue, we introduced the Whale Optimization Algorithm (WOA) and improved the algorithm through the roulette method to form a whale optimization algorithm that enhances its global search capability and avoids falling into local optimal solutions. Additionally, in order to handle the nonlinearity and non-smoothness of the input data of the model, we utilized fully integrated Empirical Mode Decomposition with Adaptive Noise (CEEMDAN) in this study to improve the efficiency of model training. By combining these techniques, we constructed a new CEEMDAN-IWOA-LSTM combined prediction model. The simulation results in MATLAB demonstrate that the prediction accuracy of this model reaches 99.05 %, which surpasses other prediction models in all evaluation indexes.

Energy ReportsVol. 12
Tianjin University of Technology (CN)
Openalex Percentile: Top 7%
Energy Load and Power Forecasting
3.55
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Research and application of short-term load forecasting based on CEEMDAN-LSTM modeling — Lei Shao, Chao Li, et al. · Energy Reports (2024) | TGRS Research Map | TGRS