Author
Güngör, Onat, Akşanlı, B., Aydoğan, Reyhan
Publication Date
2019-10
Publication Place
-
Elsevier
Subject
Electricity consumption prediction, Algorithm selection, Combining multiple learners, Time series prediction
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
0167-739X
Record ID
a1a927e8-ad4d-450a-ab84-1f0abf7cea23
Library Location
Computer Science
Date
2019-10
Sample Text
Balancing supply and demand management in energy grids requires knowing energy consumption in advance. Therefore, forecasting residential energy consumption accurately plays a key role for future energy systems. For this purpose, in the literature a number of prediction algorithms have been used. This work aims to increase the accuracy of those predictions as much as possible. Accordingly, we first introduce an algorithm selection approach, which identifies the best prediction algorithm for the given residence with respect to its characteristics such as number of people living, appliances and so on. In addition to this, we also study combining multiple learners to increase the accuracy of the predictions. In our experimental setup, we evaluate the aforementioned approaches. Empirical results show that adopting an algorithm selection approach performs better than any single prediction algorithm. Furthermore, combining multiple learners increases the accuracy of the energy consumption prediction significantly.
DOI
10.1016/j.future.2019.04.018
Cilt
99