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arXiv 2207.01019cs.LG

Comparative Analysis of Time Series Forecasting Approaches for Household Electricity Consumption Prediction

State University of New York(纽约州立大学);Ninewatt Inc.(Ninewatt公司);University of Central Asia(中亚大学)

Muhammad Bilal, Hyeok Kim, Muhammad Fayaz, Pravin Pawar

英文摘要:

As a result of increasing population and globalization, the demand for energy has greatly risen. Therefore, accurate energy consumption forecasting has become an essential prerequisite for government planning, reducing power wastage and stable operation of the energy management system. In this work we present a comparative analysis of major machine learning models for time series forecasting of household energy consumption. Specifically, we use Weka, a data mining tool to first apply models on hourly and daily household energy consumption datasets available from Kaggle data science community. The models applied are: Multilayer Perceptron, K Nearest Neighbor regression, Support Vector Regression, Linear Regression, and Gaussian Processes. Secondly, we also implemented time series forecasting models, ARIMA and VAR, in python to forecast household energy consumption of selected South Korean households with and without weather data. Our results show that the best methods for the forecasting of energy consumption prediction are Support Vector Regression followed by Multilayer Perceptron and Gaussian Process Regression.

机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。

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