Abstract
In contrast to city-level and larger aggregate-level load forecasting, load forecasting for residential customers is a much more challenging problem because residential loads are much more volatile. In order to forecast the residential load at one-hour interval 24-h loads the day before, a 2-Step SARIMAX method for residential load forecasting is proposed in this study. The forecasting performance of the proposed method is compared with the existing forecasting methods including SARIMA.
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Acknowledgements
This work was supported by the Korea Institute of Energy Technology Evaluation and Planning(KETEP) and the Ministry of Trade, Industry & Energy(MOTIE) of the Republic of Korea (No. 20181210301430). This research was supported by the Basic Research Program through the National Research Foundation of Korea(NRF) funded by the MSIT(No. 2020R1F1A1075872).
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Kim, T., Jang, M., Jeong, H.C. et al. Short-Term Residential Load Forecasting Using 2-Step SARIMAX. J. Electr. Eng. Technol. 17, 751–758 (2022). https://doi.org/10.1007/s42835-021-00917-z
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DOI: https://doi.org/10.1007/s42835-021-00917-z