Short‐Term Load Forecasting Based on VMD and Combined Deep Learning Model

Abstract

Aiming at the nonlinear and non‐stationary characteristics of the power load, in order to improve the accuracy of load forecasting, a short‐term load forecasting method based on variational modal decomposition and the combination of convolutional neural network and bi‐directional long short‐term memory (Bi‐LSTM) network is proposed. The load sequence is decomposed into components with different frequencies by variational modal decomposition, and each component is predicted by Bi‐LSTM. Then the convolution neural network is introduced to process multi‐source data. The load, temperature, day and other data are constructed according to the time sliding window as the input, and the convolution neural network is used to extract the effective feature vector, the eigenvector is constructed in a time series and used as the input data of Bi‐LSTM network. Taking the public data set provided by a US public utility department as an example, the proposed model is compared with other methods. The results show that the proposed method can better track the change of load and effectively improve the accuracy of short‐term load forecasting. © 2023 Institute of Electrical Engineer of Japan and Wiley Periodicals LLC.