| Title |
24 hour Load Forecasting using Combined Very-short-term and Short-term Multi-Variable Time-Series Model |
| Authors |
이원준(Lee, WonJun) ; 이문수(Lee, Munsu) ; 강병오(Kang, Byung-O) ; 정재성(Jung, Jaesung) |
| DOI |
https://doi.org/10.5370/KIEE.2017.66.3.493 |
| Keywords |
24 hour load forecasting ; Short-term load forecasting ; Very-short-term load forecasting ; Multi-variate time-series model ; Combined multi-variate time-series model |
| Abstract |
This paper proposes a combined very-short-term and short-term multi-variate time-series model for 24 hour load forecasting. First, the best model for very-short-term and short-term load forecasting is selected by considering the least error value, and then they are combined by the optimal forecasting time. The actual load data of industry complex is used to show the effectiveness of the proposed model. As a result the load forecasting accuracy of the combined model has increased more than a single model for 24 hour load forecasting. |