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Load Forecasting and Analysis of Power Scenario in Bihar Using Time Series Prediction and Machine Learning

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Smart Energy and Advancement in Power Technologies

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 926))

Abstract

The present paper is regarding the reliable forecasting of electrical load demands of the Indian state of Bihar using the long short-term memory (LSTM) technique of machine learning. Bihar is an energy deficit state mainly owing to the lack of resources is now progressing at a good pace which is evident in its growth rate. The prediction of electricity demand, which is crucial for power generation unit planning and monitoring, is hence the need of the hour as this will enable higher growth for the state and prosperity for the people. The dataset of electrical load demand used covering the period of 2019–2020 available on kaggle has been taken from the weekly energy reports of POSOCO, a Government of India enterprise under the Ministry of Power. In the recent times, the transparency of the organizations as well as the development of technologies such as IoT, smart grid and smart energy metres has led to the availability of huge amount of data in the public domain. This involves power consumption as well as generation data of various entities. These developments have led to the need of electrical load forecasting which is useful in the financial planning as well as capacity addition in the generating stations. In this work, we have used deep learning technique called the long short-term memory (LSTM) technique in order to find patterns from a time series data. Results corresponding to the electricity consumptions for years 2019 and 2020 for the state of Bihar are presented and discussed. Finally, the future scope of time series prediction using big data techniques is presented.

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Correspondence to Amitesh Prakash .

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Prakash, A., Kumar, A., Kaushal, A., Namrata, K., Kumar, N. (2023). Load Forecasting and Analysis of Power Scenario in Bihar Using Time Series Prediction and Machine Learning. In: Namrata, K., Priyadarshi, N., Bansal, R.C., Kumar, J. (eds) Smart Energy and Advancement in Power Technologies. Lecture Notes in Electrical Engineering, vol 926. Springer, Singapore. https://doi.org/10.1007/978-981-19-4971-5_63

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  • DOI: https://doi.org/10.1007/978-981-19-4971-5_63

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-19-4970-8

  • Online ISBN: 978-981-19-4971-5

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