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Time-Series Prediction: Application to the Short-Term Electric Energy Demand

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Book cover Current Topics in Artificial Intelligence (TTIA 2003)

Abstract

This paper describes a time-series prediction method based on the kNN technique. The proposed methodology is applied to the 24-hour load forecasting problem. Also, based on recorded data, an alternative model is developed by means of a conventional dynamic regression technique, where the parameters are estimated by solving a least squares problem. Finally, results obtained from the application of both techniques to the Spanish transmission system are compared in terms of maximum, average and minimum forecasting errors.

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© 2004 Springer-Verlag Berlin Heidelberg

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Troncoso Lora, A., Riquelme Santos, J.M., Riquelme, J.C., Gómez Expósito, A., Martínez Ramos, J.L. (2004). Time-Series Prediction: Application to the Short-Term Electric Energy Demand. In: Conejo, R., Urretavizcaya, M., Pérez-de-la-Cruz, JL. (eds) Current Topics in Artificial Intelligence. TTIA 2003. Lecture Notes in Computer Science(), vol 3040. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-25945-9_57

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  • DOI: https://doi.org/10.1007/978-3-540-25945-9_57

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-22218-7

  • Online ISBN: 978-3-540-25945-9

  • eBook Packages: Springer Book Archive

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