Complementary Use of Partial Least-Squares and Artificial Neural Networks for the Annual Electricity Consumption Forecast

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Abstract:

A model for predicting annual electricity consumption based on the combination of neural network and partial least square method was proposed. The factors affecting the annual electricity consumption are analyzed by means of partial least square method to extract the most important components so that not only the problem of multi-correlation among variables can be solves but also the amount of input dimensions of the neural network can be reduced. Besides, the application of neural network helps to solve the problem of non-linearity of the model. The application example shows that the proposed model has high precision.

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Periodical:

Advanced Materials Research (Volumes 512-515)

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1113-1116

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May 2012

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© 2012 Trans Tech Publications Ltd. All Rights Reserved

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