Abstract

Accurate prediction of energy demand is crucial for improving services, reducing costs, and optimizing operations in energy systems. Deep neural networks (DNNs) have emerged as a popular method for energy demand forecasting. However, the performance of DNNs can be affected by data quality and hyperparameter selection. To address these concerns, this study proposes a novel energy demand forecasting technique that combines DNNs with an enhanced Giza pyramid construction methodology. The aim of this study is to provide a more reliable and effective approach for forecasting energy demand. The DNNs are employed to capture the complex relationships between input and output variables, while the Giza pyramids algorithm is utilized to optimal selection of hyperparameters of the network. Real-world energy demand data is used to evaluate the proposed approach, comparing it with state-of-the-art baseline models. The research methodology involves assessing the suggested approach using real-world energy demand information and conducting a comparative analysis with cutting-edge baseline models, including modified BP neural network (MBPNN), Neural Network based Genetic Algorithm (NNGA), and reinforcement learning and deep neural network (RLDNN). The IGPCA/CNN method outperforms other methods in energy prediction accuracy across short-term, medium-term, and long-term time scales. It achieves an MSE score of 0.564, lower than MBPNN, NNGA, and RLDNN. In medium-term prediction, it achieves an MSE score of 0.587, better than MBPNN, NNGA, and RLDNN. In long-term prediction, it achieves an MSE score of 0.629, lower than MBPNN and RLDNN. Further analysis and validation experiments are needed to ensure robustness and generalizability. Comparing the method with other state-of-the-art approaches can provide a comprehensive understanding of its superiority. The performance of the models is evaluated based on reliability and effectiveness in energy demand forecasting. The major conclusion of this study is that the proposed approach outperforms the initial models in accurately forecasting energy demand. The combination of DNNs and the improved Giza pyramid construction methodology results in enhanced performance, demonstrating superior reliability and effectiveness compared to other models. The study highlights the significance of accurate energy demand prediction for optimizing energy systems and reducing costs.

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