Short Term Electricity Load Forecasting Through Machine Learning

Essentially, Electricity Load Forecasting is an approximation of upcoming active loads from a variety of load buses before the active loads occur. Also, it is an important factor for power system energy management. Accurate and precise load forecasting can help to reduce the capacity of the power system, to make unit commitment decisions, and to increase the dependability of power systems. Hence, this paper presents a generalized regression Neural Network (GRNN) based approach for Short Term Load Forecasting (STLF). The results showed that the performance of GRNN with 30 neurons is better of short-term load forecasting in comparison with 10 neurons. For 10 neurons, the Mean Absolute Percentage Error (MAPE) was 2.10% and Mean Absolute Error (MAE) was 306.21 MWh. However, for 30 neurons it was observed that MAPE is 1.81% and MAE 268.48 MWh.

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