Computational Intelligence Techniques for Short-Term Electric Load Forecasting
Journal of Intelligent and Robotic Systems
The particle swarm optimization algorithm: convergence analysis and parameter selection
Information Processing Letters
Mathematics and Computers in Simulation
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The Electric load series always presents complex phenomenon because of the influence of many complicated facts, various forecasting results can be obtained by using different models for a given electric power utility. The combined forecasting model is recognized as an appreciative method. The paper introduces an improved Particle swarm optimization (PSO) for electric load combination forecasting model weight optimization. The new method applies a self-adaptive weight scale operator to avoid being trapped in the local optimum in conventional Particle swarm optimization. The proposed method has been examined and tested on a practical system. The test results show that the improved PSO has better convergence and faster calculation speed than the basic PSO, and the presented combination forecast model has improved the accuracy.