Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm

Electric power is a kind of unstorable energy concerning the national welfare and the people’s livelihood, the stability of which is attracting more and more attention. Because the short-term power load is always interfered by various external factors with the characteristics like high volatility an...

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Main Authors: Wei Sun, Minquan Ye
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Journal of Electrical and Computer Engineering
Online Access:http://dx.doi.org/10.1155/2015/862185
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author Wei Sun
Minquan Ye
author_facet Wei Sun
Minquan Ye
author_sort Wei Sun
collection DOAJ
description Electric power is a kind of unstorable energy concerning the national welfare and the people’s livelihood, the stability of which is attracting more and more attention. Because the short-term power load is always interfered by various external factors with the characteristics like high volatility and instability, a single model is not suitable for short-term load forecasting due to low accuracy. In order to solve this problem, this paper proposes a new model based on wavelet transform and the least squares support vector machine (LSSVM) which is optimized by fruit fly algorithm (FOA) for short-term load forecasting. Wavelet transform is used to remove error points and enhance the stability of the data. Fruit fly algorithm is applied to optimize the parameters of LSSVM, avoiding the randomness and inaccuracy to parameters setting. The result of implementation of short-term load forecasting demonstrates that the hybrid model can be used in the short-term forecasting of the power system.
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institution Kabale University
issn 2090-0147
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language English
publishDate 2015-01-01
publisher Wiley
record_format Article
series Journal of Electrical and Computer Engineering
spelling doaj-art-5eb7ee3508254161b6d9090aa83aa00c2025-02-03T01:31:18ZengWileyJournal of Electrical and Computer Engineering2090-01472090-01552015-01-01201510.1155/2015/862185862185Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization AlgorithmWei Sun0Minquan Ye1Department of Business Administration, North China Electric Power University, Baoding 071000, ChinaDepartment of Business Administration, North China Electric Power University, Baoding 071000, ChinaElectric power is a kind of unstorable energy concerning the national welfare and the people’s livelihood, the stability of which is attracting more and more attention. Because the short-term power load is always interfered by various external factors with the characteristics like high volatility and instability, a single model is not suitable for short-term load forecasting due to low accuracy. In order to solve this problem, this paper proposes a new model based on wavelet transform and the least squares support vector machine (LSSVM) which is optimized by fruit fly algorithm (FOA) for short-term load forecasting. Wavelet transform is used to remove error points and enhance the stability of the data. Fruit fly algorithm is applied to optimize the parameters of LSSVM, avoiding the randomness and inaccuracy to parameters setting. The result of implementation of short-term load forecasting demonstrates that the hybrid model can be used in the short-term forecasting of the power system.http://dx.doi.org/10.1155/2015/862185
spellingShingle Wei Sun
Minquan Ye
Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
Journal of Electrical and Computer Engineering
title Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
title_full Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
title_fullStr Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
title_full_unstemmed Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
title_short Short-Term Load Forecasting Based on Wavelet Transform and Least Squares Support Vector Machine Optimized by Fruit Fly Optimization Algorithm
title_sort short term load forecasting based on wavelet transform and least squares support vector machine optimized by fruit fly optimization algorithm
url http://dx.doi.org/10.1155/2015/862185
work_keys_str_mv AT weisun shorttermloadforecastingbasedonwavelettransformandleastsquaressupportvectormachineoptimizedbyfruitflyoptimizationalgorithm
AT minquanye shorttermloadforecastingbasedonwavelettransformandleastsquaressupportvectormachineoptimizedbyfruitflyoptimizationalgorithm