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Interpretable Short-Term Electrical Load Forecasting Scheme Using Cubist.

Jihoon Moon1, Sungwoo Park2, Seungmin Rho1

  • 1Department of Industrial Security, Chung-Ang University, Seoul, Republic of Korea.

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Summary
This summary is machine-generated.

This study introduces an interpretable Cubist model for accurate daily peak load forecasting and total daily load forecasting. The model effectively uses historical data and external factors like temperature to improve predictions for power systems.

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Area of Science:

  • Electrical Engineering
  • Artificial Intelligence
  • Data Science

Background:

  • Accurate daily peak load forecasting (DPLF) and total daily load forecasting (TDLF) are critical for efficient power system operation.
  • Existing forecasting models may lack interpretability or struggle to adapt to evolving load trends.

Purpose of the Study:

  • To develop an accurate and interpretable Cubist-based incremental learning model for DPLF and TDLF.
  • To identify key internal and external factors influencing electrical load patterns.

Main Methods:

  • Utilized a Cubist-based incremental learning approach for load forecasting.
  • Employed time-series cross-validation to capture recent electrical load trends.
  • Conducted variable importance analysis to determine significant predictive factors.

Main Results:

  • The proposed model achieved an average Mean Absolute Percentage Error (MAPE) of 7.77%.
  • The model achieved an average Coefficient of Variation of the Root Mean Square Error (CV(RMSE)) of 10.06%.
  • Temperature, holidays, and recent past loads (one day and one week prior) were identified as significant factors.

Conclusions:

  • The Cubist-based incremental learning model provides accurate and interpretable DPLF and TDLF.
  • The model's performance demonstrates its suitability for practical power system management.
  • Understanding the influence of external (temperature, holidays) and internal (past loads) factors enhances forecasting reliability.