Abstract
Infected by the novel coronavirus (COVID-19 – C-19) pandemic, worldwide energy generation and utilization have altered immensely. It remains unfamiliar in any case that traditional short-term load forecasting methodologies centered upon single-task, single-area, and standard signals could precisely catch the load pattern during the C-19 and must be cautiously analyzed. An effectual administration and finer planning by the power concerns remain of higher importance for precise electrical load forecasting. There presents a higher degree of unpredictability’s in the load time series (TS) that remains arduous in doing the precise short-term load forecast (SLF), medium-term load forecast (MLF), and long-term load forecast (LLF). For excerpting the local trends and capturing similar patterns of short and medium forecasting TS, we proffer Diffusion Convolutional Recurrent Neural Network (DCRNN), which attains finer execution and normalization by employing knowledge transition betwixt disparate forecasting jobs. This as well evens the portrayals if many layers remain stacked. The paradigms have been tested centered upon the actual life by performing comprehensive experimentations for authenticating their steadiness and applicability. The execution has been computed concerning squared error, Root Mean Square Error (RMSE), Mean Absolute Percentage Error (MAPE), and Mean Absolute Error (MAE). Consequently, the proffered DCRNN attains 0.0534 of MSE in the Chicago area, 0.1691 of MAPE in the Seattle area, and 0.0634 of MAE in the Seattle area.
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