Half Hourly Electricity Load Prediction Using Echo State Network

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Provided by: Creative Commons
Topic: Networking
Format: PDF
Prediction of time series is a task that cannot be efficiently done by using feed forward neural network. Recurrent neural network are the suitable neural networks for time series prediction task. Electricity load series is also a kind of chaotic time series. In this paper, echo state network is proposed to calculate the electricity load after half an hour. No other type of data is used for prediction except the previous electricity load values. The predicted values obtained from various simulation runs are very close to the actual value.
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