Abstract
Load forecasting plays an important role in building business strategies, ensuring reliability and safe operation for any electrical system. There are many different methods, including: regression models, time series, neural networks, expert systems, fuzzy logic, machine learning and statistical algorithms used for short-term forecasts. However, the practical requirement is how to minimize the forecast errors to prevent power shortages or wastage in the electricity market and limit risks. For Asian countries (such as Vietnam) that use lunar calendar, one of the most difficult and unpredictable issues is the Lunar New Year (usually in late January or early February). There is a deviation between the solar calendar and the lunar calendar (the load models are not identical). Therefore, it often leads the forecast results of algorithm for this period with large errors. The paper proposes a method of short-term load forecasting by constructing a Standardized Load Profile (SLP) based on the past electrical load data, combining machine learning algorithms Support Regression Vector (SVR) to improve the accuracy of load forecasting algorithms.
Sign-in/Register to access full text options 
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 callDisclaimer: 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.
