Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison

Having an accurate forecast of future electricity usage is vital for utility companies to be able to provide adequate power supply to meet the demand. Two methods have been implemented to perform forecasting of electricity demand, namely, regression analysis (RA) and artificial neural networks (ANNs...

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Main Authors: Bong, David B L, Tan, J.Y.B., Lai, K.C.
Format: Article
Language:English
Published: IEEE 2009
Subjects:
Online Access:http://ir.unimas.my/id/eprint/16644/
http://ir.unimas.my/id/eprint/16644/1/Application%20of%20Multilayer%20Perceptron%20with%20Backpropagation%20Algorithm%20%28abstract%29.pdf
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author Bong, David B L
Tan, J.Y.B.
Lai, K.C.
author_facet Bong, David B L
Tan, J.Y.B.
Lai, K.C.
author_sort Bong, David B L
building UNIMAS Institutional Repository
collection Online Access
description Having an accurate forecast of future electricity usage is vital for utility companies to be able to provide adequate power supply to meet the demand. Two methods have been implemented to perform forecasting of electricity demand, namely, regression analysis (RA) and artificial neural networks (ANNs). We aim to compare these two methods in this paper using the mean absolute percentage error (MAPE) to measure the forecasting performance. The results show that ANNs are more effective than RA in long-term forecast. In addition to that, from our investigation into the effects of the inclusion of economic and social factors, such as population and gross domestic product (GDP), into the forecast, we conclude that the inclusion of economic and social factors do not improve the accuracy of the forecast of the chosen ANN model for electricity demand.
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spelling unimas-166442017-06-14T07:04:31Z http://ir.unimas.my/id/eprint/16644/ Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison Bong, David B L Tan, J.Y.B. Lai, K.C. TK Electrical engineering. Electronics Nuclear engineering Having an accurate forecast of future electricity usage is vital for utility companies to be able to provide adequate power supply to meet the demand. Two methods have been implemented to perform forecasting of electricity demand, namely, regression analysis (RA) and artificial neural networks (ANNs). We aim to compare these two methods in this paper using the mean absolute percentage error (MAPE) to measure the forecasting performance. The results show that ANNs are more effective than RA in long-term forecast. In addition to that, from our investigation into the effects of the inclusion of economic and social factors, such as population and gross domestic product (GDP), into the forecast, we conclude that the inclusion of economic and social factors do not improve the accuracy of the forecast of the chosen ANN model for electricity demand. IEEE 2009 Article PeerReviewed text en http://ir.unimas.my/id/eprint/16644/1/Application%20of%20Multilayer%20Perceptron%20with%20Backpropagation%20Algorithm%20%28abstract%29.pdf Bong, David B L and Tan, J.Y.B. and Lai, K.C. (2009) Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison. International Conference on Electronic Design, 2008. ICED 2008. ISSN ISBN: 978-1-4244-2315-6 http://ieeexplore.ieee.org/document/4786748/ DOI: 10.1109/ICED.2008.4786748
spellingShingle TK Electrical engineering. Electronics Nuclear engineering
Bong, David B L
Tan, J.Y.B.
Lai, K.C.
Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title_full Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title_fullStr Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title_full_unstemmed Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title_short Application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: A comparison
title_sort application of multilayer perceptron with backpropagation algorithm and regression analysis for long-term forecast of electricity demand: a comparison
topic TK Electrical engineering. Electronics Nuclear engineering
url http://ir.unimas.my/id/eprint/16644/
http://ir.unimas.my/id/eprint/16644/
http://ir.unimas.my/id/eprint/16644/
http://ir.unimas.my/id/eprint/16644/1/Application%20of%20Multilayer%20Perceptron%20with%20Backpropagation%20Algorithm%20%28abstract%29.pdf