Publication: A Systematic Literature Review of Electricity Load Forecasting using Long Short-Term Memory
Date
2022
Authors
Salleh N.S.M.
Suliman A.
J�rgensen B.N.
Journal Title
Journal ISSN
Volume Title
Publisher
Springer Science and Business Media Deutschland GmbH
Abstract
Research in electricity load prediction has contributed towards short-, medium-, and long-term planning for electricity power companies. One of the methods applied to perform prediction is machine learning. There are various types of dataset features, machine learning algorithms, and evaluation metrics utilised. This paper reviewed articles on electricity load prediction published in between 2019 and 2021. The review applied the systematic literature review method. In total, there were 368 articles were gathered from an online database, IEEE. The search was made based on combinations of keywords, i.e. short-term, electricity, load, demand, deep learning, forecast, time series, regression, and long short-term memory. From the collected articles, 25 articles were selected from a thorough examination of titles and abstracts. In the end, 11 complete materials were selected for final review. The review concentrated on: (i) common dataset feature and duration used, (ii) testing and validation strategies, and (iii) the evaluation metrics selected. The historical electricity load dataset was sufficient to perform electricity prediction. However, it was improved by adding independent variables into the dataset. RMSE and MAPE were the most used evaluation metrics in the reviewed articles. � 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
Description
Brain; Deregulation; Electric load forecasting; Electric power plant loads; Electric utilities; Learning algorithms; Statistical tests; Electricity load; Electricity load forecasting; Evaluation metrics; Load predictions; Long term planning; LSTM; Machine learning algorithms; Medium-term planning; Review papers; Systematic literature review; Long short-term memory