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Short-term power load forecasting based on gray relational analysis and support vector machine optimized by

Xinfu Pang1, Wei Sun1, Haibo Li1

  • 1Key Laboratory of Energy Saving and Controlling in Power System of Liaoning Province, Shenyang Institute of Engineering, Shenyang, Liaoning, China.

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Summary
This summary is machine-generated.

This study introduces an improved short-term power load forecasting method using Gray Relational Analysis (GRA) and Artificial Bee Colony (ABC) optimized Support Vector Machines (SVM). The novel approach enhances accuracy by considering key influencing factors and optimizing model parameters.

Keywords:
Artificial bee colony algorithmGray relational analysisShort-term power load forecastingSimilar daysSupport vector machine

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Area of Science:

  • Electrical Engineering
  • Artificial Intelligence
  • Data Science

Background:

  • Short-term power load forecasting is critical for power system stability and automation.
  • Traditional methods struggle with load volatility and the influence of external factors like weather.
  • Existing models exhibit limitations in nonlinear mapping and generalization to new data.

Purpose of the Study:

  • To develop a more accurate and robust short-term power load forecasting method.
  • To address the limitations of traditional forecasting techniques.
  • To improve the reliability of power system operations through enhanced load prediction.

Main Methods:

  • Factor selection using Pearson correlation coefficient.
  • Identification of similar historical days via Gray Relational Analysis (GRA) and K-means clustering.
  • Optimization of Support Vector Machine (SVM) parameters (penalty coefficient, kernel function) using the Artificial Bee Colony (ABC) algorithm.

Main Results:

  • The proposed GRA and ABC-SVM method demonstrated effectiveness in short-term power load forecasting.
  • Simulation results using actual load data from Nanjing validated the method's performance.
  • The approach successfully integrated factor analysis, similar day selection, and optimized machine learning.

Conclusions:

  • The GRA and ABC-SVM method offers a significant improvement over traditional forecasting approaches.
  • This enhanced forecasting technique contributes to safer and more efficient power system operation.
  • The study highlights the potential of hybrid intelligent methods in addressing complex forecasting challenges.