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Actual vs Predicted load for July 2,2014 with LSTM and LSTM ensembled approach

Actual vs Predicted load for July 2,2014 with LSTM and LSTM ensembled approach

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This work entails producing load forecasting through lstm and lstm ensembled networks and put up a comparative picture between the two. Our work establishes that lstm ensemble learning can produce a better prediction compared to single lstm networks. We tried to quantify the improvement and assess the economic impact that it can have on the utility...

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... to assess the performance of the models. The objective was to observe the contrast between the forecast performances of both of the models. With this purpose in mind, the actual load curve and the forecast curve had been mapped and juxtaposed in order to get a better comparative picture of both of the models' performances. The curves displayed in Fig. 6 exhibit a significant accuracy level for both of the models. LSTM ensembled approach showed a better correspondence for the actual vs. predicted load. Nevertheless, there were slight deviations in both of the models' curve patterns, especially in the transitional regions and sudden bends. The deviations were mostly observed in the peak ...

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Preprint
Full-text available
p>This work entails producing load forecasting through LSTM and LSTM ensembled networks and put up a comparative picture between the two. Our work establishes that LSTM ensemble learning can produce a better prediction compared to single LSTM networks. We tried to quantify the improvement and assess the economic impact that it can have on the utili...