A new SOM algorithm for electricity load forecasting

  • Authors:
  • Manuel Martín-Merino;Jesus Román

  • Affiliations:
  • Universidad Pontificia de Salamanca, Salamanca, Spain;Universidad Pontificia de Salamanca, Salamanca, Spain

  • Venue:
  • ICONIP'06 Proceedings of the 13 international conference on Neural Information Processing - Volume Part I
  • Year:
  • 2006

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Abstract

The interest in electricity load forecasting has grown up in the last years. However, the accurate load prediction remains a difficult task due particularly to the non-linear character of the time series and the periodical and seasonal patterns it exhibits. Several machine learning techniques such as the Support Vector Machines (SVM) have been developed that are able to deal with non-linear time series. However, the patterns of electricity demand change strongly and periodically with seasons, holidays and other factors. Therefore global models such as the SVM are not expected to perform well. In this paper we propose a new segmentation algorithm based on the Self Organizing Maps (SOM) to split the time series into homogeneous regions. Next, a linear SVM is locally trained in each region. The algorithm proposed has been applied to the prediction of the maximum daily electricity demand. The experimental results show that the new segmentation algorithm helps to improve several well known forecasting techniques.