A Novel Temporal Feature Selection Based LSTM Model for Electrical Short-Term Load Forecasting

Abstract

An accurate electrical Short-term Load Forecasting (STLF) is an eminent factor in the power generation, electrical load dispatching and energy planning for the power supply companies, specifically in developing countries. This paper proposes a novel temporal feature selection-based Long Short-term Memory (LSTM) model developed by the combination of standard Artificial Neural Network (ANN) layer and LSTM for electrical short term load forecasting. The LSTM model has excellent capability of predicting the stochastic nature of an hour ahead electrical loads. The standard ANN layer consisting 11 neurons is used as an input to LSTM cells. Such a combination of ANN layer with LSTM was never proposed before. The proposed model accommodates variations in weather as well as temporal inputs like humidity, holidays, and date-time features in the hourly load data of the power supply company situated in Johor, Malaysia. This paper gives the insights of hyper parameter tuning to capture the more generalized electrical load patterns in the dataset without compromising the time complexity of the proposed model. The proposed approach was compared with five existing approaches, namely: ANN, LSTM model 1, LSTM model 2, LSTM model 3 and Convolutional Neural Network-LSTM (CNN-LSTM) using hourly load dataset of Johor. The experimental results demonstrate that the proposed approach outperformed the existing approaches in terms of root mean square error, mean absolute percentage error and Diebold-Mariano statistical inference test within 95% confidence interval.