Revolutionizing power grid loss prediction with advanced hybrid time series deep learning model

Abstract

Accurate prediction of grid loss in power distribution networks is pivotal for efficient energy management and pricing strategies. Traditional forecasting approaches often struggle to capture the complex temporal dynamics and external influences inherent in grid loss data. In response, this research presents a novel hybrid time-series deep learning model: Gated Recurrent Units with Temporal Convolutional Networks (GRU-TCN), designed to enhance grid loss prediction accuracy. The proposed model integrates the temporal sensitivity of GRU with the local context awareness of TCN, exploiting their complementary strengths. A learnable attention mechanism fuses the outputs of both architectures, enabling the model to discern significant features for accurate prediction. The model is evaluated using well-established metrics across distinct temporal phases: training, testing, and future projection. Results showcase Resulting in encouraging Figures for mean absolute error, root mean squared error, and mean absolute percentage error, the model’s capacity to capture both long-term trends and transitory patterns. The GRU-TCN hybrid model represents a pioneering approach to power grid loss prediction, offering a flexible and precise tool for energy management. This research not only advances predictive accuracy but also lays the foundation for a smarter and more sustainable energy ecosystem, poised to transform the landscape of energy forecasting.