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Accurate forecasting of mid-term electricity load is an important issue for power system planning and operation. Instead of point load forecasting, this study aims to model and forecast mid-term interval loads up to one month in the form of interval-valued series consisting of both peak and valley points by using MSVR (Multi-output Support Vector Regression). In addition, an MA (Memetic Algorithm)...
Short-term load forecasting is an important issue that has been widely explored and examined with respect to the operation of power systems and commercial transactions in electricity markets. Of the existing forecasting models, support vector regression (SVR) has attracted much attention. While model selection, including feature selection and parameter optimization, plays an important role in short-term...
Addressing the issue of SVMs parameters optimization, this study proposes an efficient memetic algorithm based on particle swarm optimization algorithm (PSO) and pattern search (PS). In the proposed memetic algorithm, PSO is responsible for exploration of the search space and the detection of the potential regions with optimum solutions, while pattern search (PS) is used to produce an effective exploitation...
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