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Short-term load forecasting using artificial neural networks and social media data

Boyd, Alexander; Sun, Hongjian; Black, Mary; Jesson, Simon

Authors

Alexander Boyd

Mary Black

Simon Jesson



Abstract

Evolving practices around energy generation, storage and trading within the UK have made it more necessary than ever to provide accurate means of forecasting electricity demand. This paper considers deep neural networks with convolutional and recurrent layers to investigate the inclusion of various data types as inputs to a load forecasting model, by evaluating 24-hour ahead predictions of electricity demand. Using two case studies in Durham, UK, this paper evaluates the benefits of including temporal and meteorological data, and proposes a novel approach to incorporating social media data to a load forecasting model. Performance is assessed using traditional measures of Mean Absolute Percentage Error (MAPE) and Root Mean Square Error (RMSE), whilst also considering the standard deviation across repeats. Results indicate that Twitter data containing the number of tweets matching a specific query is capable of improving forecasting accuracy for large-scale residential loads.

Citation

Boyd, A., Sun, H., Black, M., & Jesson, S. (2021). Short-term load forecasting using artificial neural networks and social media data. . https://doi.org/10.1049/icp.2021.1552

Conference Name CIRED 2021 - The 26th International Conference and Exhibition on Electricity Distribution
Conference Location Online Conference
Start Date Sep 20, 2021
End Date Sep 23, 2021
Acceptance Date Jul 14, 2021
Online Publication Date Jan 25, 2022
Publication Date 2021
Deposit Date Jul 21, 2021
Publicly Available Date Mar 28, 2024
Publisher IET
DOI https://doi.org/10.1049/icp.2021.1552