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Short-Term and Midterm Load Forecasting Using a Bilevel Optimization Model

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5 Author(s)
Huina Mao ; Sch. of Comput. Sci., Univ. of Manchester, Manchester ; Xiao-Jun Zeng ; Gang Leng ; Yong-Jie Zhai
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During the last decade, neural networks have emerged as one of the most powerful and accurate nonlinear models for load forecasting. However, using neural networks requires users to have in-depth knowledge to determine the model structure and parameters, which limits their wide application. To overcome this weakness, this paper proposes an integrated approach which combines a self-organizing fuzzy neural network (SOFNN) learning method with a bilevel optimization method. SOFNNs can automatically determine both the model structure and parameters, while the bilevel optimization method automatically selects the best pre-training parameters to ensure that the best fuzzy neural networks be identified. Therefore, the proposed approach is able to automatically identify the best fuzzy neural network for a given forecasting task and is much easier to use in practice. The proposed approach is tested on real-load data from the Southern Power Network of Hebei Province, China, and on the EUNITE competition data. Results show the proposed approach improves existing load forecasting models.

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Power Systems, IEEE Transactions on  (Volume:24 ,  Issue: 2 )