A comparative study of different deep learning methods for time-series probabilistic residential load power forecasting

Abstract

The widespread adoption of nonlinear power electronic devices in residential settings has significantly increased the stochasticity and uncertainty of power systems. The original load power data, characterized by numerous irregular, random, and probabilistic components, adversely impacts the predictive performance of deep learning techniques, particularly neural networks. To address this challenge, this paper proposes a time-series probabilistic load power prediction technique based on the mature neural network point prediction technique, i.e., decomposing the load power data into deterministic and stochastic components. The deterministic component is predicted using deep learning neural network technology, the stochastic component is fitted with Gaussian mixture distribution model and the parameters are fitted using great expectation algorithm, after which the stochastic component prediction data is obtained using the stochastic component generation method. Using a mature neural network point prediction technique, the study evaluates six different deep learning methods to forecast residential load power. By comparing the prediction errors of these methods, the optimal model is identified, leading to a substantial improvement in prediction accuracy.