Technical Papers
Aug 8, 2014

Least-Squares Support Vector Machine Based on Improved Imperialist Competitive Algorithm in a Short-Term Load Forecasting Model

Publication: Journal of Energy Engineering
Volume 141, Issue 4

Abstract

To improve the accuracy of short-term load forecasting, a least-squares support vector machine (LSSVM) method based on improved imperialist competitive algorithm through differential evolution algorithm (ICADE) is proposed in this paper. Optimizing the regularization parameter and kernel parameter of the LSSVM through ICADE, a short-term load forecasting model that can take load-affected factors such as meteorology, weather, and date types into account is built. The proposed method is proved by implementing short-term load forecasting on the real historical data of the Yangquan power system in China. The result shows the proposed method improves the least-squares support vector machine capacity and overcomes the traditional imperialist competitive algorithm and least-squares support vector machine that exist in some of the shortcomings. The mean absolute percentage error is less than 1.5%, which demonstrates that the proposed model can be used in the short-term forecasting of the power system more efficiently.

Get full access to this article

View all available purchase options and get full access to this article.

References

Atashpaz-Gargari, E., and Lucas, C. (2007). “Imperialist competitive algorithm: An algorithm for optimization inspired by imperialistic competition.” Evolutionary Computation. IEEE Congress on, IEEE, New York, 4661–4667.
Diebold, F. X., and Mariano, R. S. (2002). “Comparing predictive accuracy.” J. Bus. Econ. Stat., 20(1), 134–144.
Forouharfard, S., and Zandieh, M. (2010). “An imperialist competitive algorithm to schedule of receiving and shipping trucks in cross-docking systems.” Int. J. Adv. Manuf. Technol., 51(9–12), 1179–1193.
Hippert, H. S., Pedreira, C. E., and Souza, R. C. (2001). “Neural networks for short-term load forecasting: A review and evaluation.” Power Syst., 16(1), 44–55.
Hong, W. C. (2009a). “Chaotic particle swarm optimization algorithm in a support vector regression electric load forecasting model.” Energy Convers. Manage., 50(1), 105–117.
Hong, W. C. (2009b). “Electric load forecasting by support vector model.” Appl. Math. Model., 33(5), 2444–2454.
Hsu, C. C., and Chen, C. Y. (2003). “Regional load forecasting in Taiwan-applications of artificial neural networks.” Energy Convers. Manage., 44(12), 1941–1949.
Huang, V. L., Zhao, S. Z., Mallipeddi, R., et al. (2009). “Multi-objective optimization using self-adaptive differential evolution algorithm.” Evolutionary Computation. IEEE Congress on, IEEE, New York, 190–194.
Hung, W. M., and Hong, W. C. (2009). “Application of SVR with improved ant colony optimization algorithms in exchange rate forecasting.” Control Cybern., 38(3), 863–891.
Leung, M. T., Chen, A. S., and Daouk, H. (2000). “Forecasting exchange rates using general regression neural networks.” Comput. Oper. Res., 27(11), 1093–1110.
Lin, K. P., Pai, P. F., Lu, Y. M., and Chang, P. T. (2013). “Revenue forecasting using a least-squares support vector regression model in a fuzzy environment.” Inf. Sci., 220(20), 196–209.
Liu, S., et al. (2013). “Prediction of dissolved oxygen content in river crab culture based on least squares support vector regression optimized by improved particle swarm optimization.” Comput. Electron. Agric., 95, 82–91.
Mamlook, R., Badran, O., and Abdulhadi, E. (2009). “A fuzzy inference model for short-term load forecasting.” Energy Policy, 37(4), 1239–1248.
Metaxiotis, K., Kagiannas, A., Askounis, D., and Psarras, J. (2003). “Artificial intelligence in short term electric load forecasting: A state-of-the-art survey for the researcher.” Energy Convers. Manage., 44(9), 1525–1534.
Mousavi Rad, S. J., Akhlaghian Tab, F., and Mollazade, K. (2012). “Application of imperialist competitive algorithm for feature selection: A case study on bulk rice classification.” Int. J. Comput. Appl., 40(16), 41–48.
Pai, P. F., and Hong, W. C. (2005). “Forecasting regional electricity load based on recurrent support vector machines with genetic algorithms.” Electr. Power Syst. Res., 74(3), 417–425.
Rahman, S., and Hazim, O. (1996). “Load forecasting for multiple sites: Development of an expert system-based technique.” Electr. Power Syst. Res., 39(3), 161–169.
Singh, A. K., Khatoon, S., Muazzam, M., et al. (2012). “Load forecasting techniques and methodologies: A review.” Power, Control and Embedded Systems (ICPCES), 2nd Int. Conf. on, IEEE, New York, 1–10.
Storn, R., and Price, K. (1995). Differential evolution-a simple and efficient adaptive scheme for global optimization over continuous spaces, ICSI, Berkeley, CA.
Tan, G. H., Yan, J. Z., Gao, C., and Yang, S. H. (2012). “Prediction of water quality time series data based on least squares support vector machine.” Procedia Eng., 31(12), 1194–1199.
Vapnik, V. (1995). The nature of statistic learning theory, Springer, New York.
Vapnik, V. (1998). Statistical learning theory, Wiley, New York.
Yao, J., and Tan, C. L. (2000). “A case study on using neural networks to perform technical forecasting of forex.” Neurocomputing, 34(1), 79–98.

Information & Authors

Information

Published In

Go to Journal of Energy Engineering
Journal of Energy Engineering
Volume 141Issue 4December 2015

History

Received: Mar 23, 2014
Accepted: Jun 24, 2014
Published online: Aug 8, 2014
Discussion open until: Jan 8, 2015
Published in print: Dec 1, 2015

Permissions

Request permissions for this article.

Authors

Affiliations

Wei Sun
Professor, Dept. of Economy Management, North China Electric Power Univ., No. 689, Huadian Rd., Beishi District, Baoding, Hebei 071003, China.
Master Student, Dept. of Economy Management, North China Electric Power Univ., No. 689, Huadian Rd., Beishi District, Baoding, Hebei 071003, China (corresponding author). E-mail: [email protected]

Metrics & Citations

Metrics

Citations

Download citation

If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.

Cited by

View Options

Get Access

Access content

Please select your options to get access

Log in/Register Log in via your institution (Shibboleth)
ASCE Members: Please log in to see member pricing

Purchase

Save for later Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.

Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
ASCE Library Card (5 downloads)
$105.00
Add to cart
ASCE Library Card (20 downloads)
$280.00
Add to cart
Buy Single Article
$35.00
Add to cart

Get Access

Access content

Please select your options to get access

Log in/Register Log in via your institution (Shibboleth)
ASCE Members: Please log in to see member pricing

Purchase

Save for later Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.

Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
ASCE Library Card (5 downloads)
$105.00
Add to cart
ASCE Library Card (20 downloads)
$280.00
Add to cart
Buy Single Article
$35.00
Add to cart

Media

Figures

Other

Tables

Share

Share

Copy the content Link

Share with email

Email a colleague

Share