Abstract

With the development of modern power systems (smart grid), energy consumption prediction becomes an essential aspect of resource planning and operations. In the last few decades, industrial and commercial buildings have thoroughly been investigated for consumption patterns. However, due to the unavailability of data, the residential buildings could not get much attention. During the last few years, many solutions have been devised for predicting electric consumption; however, it remains a challenging task due to the dynamic nature of residential consumption patterns. Therefore, a more robust solution is required to improve the model performance and achieve a better prediction accuracy. This paper presents an ensemble approach based on learning to a statistical model to predict the short-term energy consumption of a multifamily residential building. Our proposed approach utilizes Long Short-Term Memory (LSTM) and Kalman Filter (KF) to build an ensemble prediction model to predict short term energy demands of multifamily residential buildings. The proposed approach uses real energy data acquired from the multifamily residential building, South Korea. Different statistical measures are used, such as mean absolute error (MAE), root mean square error (RMSE), mean absolute percentage error (MAPE), and R2 score, to evaluate the performance of the proposed approach and compare it with existing models. The experimental results reveal that the proposed approach predicts accurately and outperforms the existing models. Furthermore, a comparative analysis is performed to evaluate and compare the proposed model with conventional machine learning models. The experimental results show the effectiveness and significance of the proposed approach compared to existing energy prediction models. The proposed approach will support energy management to effectively plan and manage the energy supply and demands of multifamily residential buildings.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.