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Adaptive load forecasting using reinforcement learning with database technology.

Authors :
Wee, Chee Keong
Nayak, Richi
Source :
Journal of Information & Telecommunication; Sep2019, Vol. 3 Issue 3, p381-399, 19p
Publication Year :
2019

Abstract

Load forecasting is an essential operation in the power utility industry. However, a common challenge is faced for adjusting forecasting models to fit the need for substations' load prediction as well as minimizing expenditure in IT resources for repurposing these forecasting models to bigger datasets. The goal of this paper is to propose a novel solution that is responsive to these demands through the integration of reinforcement learning with load forecasting on existing database technology. To deal with the varying accuracy of the forecasting models on different substations' loads, the proposed solution compares and uses the best models and recalibrate them iteratively by comparing the model's prediction against the actual load data. As shown in empirical analysis, the solution interacts with the environment and performs the optimum forecasting routine intuitively. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
24751839
Volume :
3
Issue :
3
Database :
Complementary Index
Journal :
Journal of Information & Telecommunication
Publication Type :
Academic Journal
Accession number :
137824203
Full Text :
https://doi.org/10.1080/24751839.2019.1596470