Abstract
The wide proliferation of renewable energy and deregulation of power grid systems require small power utilization systems to deploy intelligent methods of adjustment to the user power demand. Small power utilization systems can benefit from the techniques developed for the smart grid in general. The present paper is devoted to the development of the forecasting model based on the Long Short-Term Memory (LSTM) method. The paper describes the small smart grid architecture and role of the LSTM in this architecture. The LSTM method is implemented with a number of interruptible appliances to predict power demand over 24 hour segments. The experiments demonstrate that the developed algorithm generates a stable pattern of daily power demand; therefore, it has a high predictive power.
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