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A hybrid model based on symbolic regression and neural networks for electricity load forecasting

Authors

Dimoulkas I. , Herre L. , Khastieva D. , Nycander E. , Amelin M. , MAZIDI, PEYMAN

External publication

No

Means

Int. Conf. European Energy Market, EEM

Scope

Conference Paper

Nature

Científica

JCR Quartile

SJR Quartile

Publication date

01/01/2018

ISI

000482771100114

Scopus Id

2-s2.0-85055476841

Abstract

This paper proposes a hybrid model for electricity load forecasting. Symbolic regression is initially used to automatically create a regression model of the load. Then the explanatory variables and their transformations that have been selected in the model are used as input in an artificial neural network that is trained to predict the electricity load at the output. Therefore symbolic regression operates as a feature selection-creation method and forecasting is done by the artificial neural network. The proposed hybrid model has been successfully used in an electricity load forecasting competition. © 2018 IEEE.

Keywords

Commerce; Electric power plant loads; Forecasting; Neural networks; Power markets; Regression analysis; Electricity load; Electricity load forecasting; Explanatory variables; Hybrid model; Load forecasting; Regression model; Symbolic regression; Electric load forecasting