Ultra-short-term Forecasting Study of Power Load in Mega Steel Industry Based on Multi-stage Modeling

Background: In the large-scale steel industry, significant power load variability, especially during processes like steel smelting, poses challenges to power system safety. Although there is an abundance of research and patents related to load forecasting, studies and patents specifically addressing large industrial load forecasting are sparse. Hence, accurate ultra-short-term load forecasting becomes particularly crucial. Objective: This study proposes an innovative method for ultra-short-term load forecasting to improve prediction accuracy during peak periods and mitigate risks in high-load conditions. Methods: We introduce an LSTM-XGBoost model enhanced by a random forest network and an improved grey wolf optimization algorithm (IGWO) for feature selection and parameter optimization, respectively. Results: Compared to other advanced models, our method demonstrates superior performance across key indicators such as MAPE (1.93%), RMSE (220.81), and R2 coefficient (0.99), and the prediction error is lower during both peak and off-peak periods. For instance, the proposed model achieved a MAPE improvement of over 25% compared to traditional models. Validation with data from multiple time periods confirms the model's accuracy and robustness. Conclusion: The proposed forecasting method effectively tackles load fluctuations in the steel industry, supporting safe and economical power system operations. Future research will aim to further improve peak identification accuracy and enable continuous adaptive learning.