Application of Variational Mode Decomposition and Deep Learning in Short-Term Power Load Forecasting

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Abstract

Accurate load forecasting of power system operation and development is of great significance. Because of the power load time series has strong nonlinear, the traditional forecasting model does not apply. Therefore, a short-term load forecasting model based on variational model (VMD) and length (LSTM) is proposed. Firstly, the VMD decomposes the original load sequence to get the modal of different size frequency component. Then, phase space reconstruction (PSR) organizes the modal components into deep learning inputs. Then, the LSTM network is employed to predict each group of modal components. Finally, all the modal component predictive value addition to the power load to predict the future. The experimental results show that compared with the BP, LSTM and EEMD - LSTM model, the model completely weakens the non-stationary load sequence, minimize the prediction error, reached the highest prediction accuracy.

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Yu, P., Fang, J., Xu, Y., & Shi, Q. (2021). Application of Variational Mode Decomposition and Deep Learning in Short-Term Power Load Forecasting. In Journal of Physics: Conference Series (Vol. 1883). IOP Publishing Ltd. https://doi.org/10.1088/1742-6596/1883/1/012128

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