Short-Term Load Forecasting Based on Deep Learning Bidirectional LSTM Neural Network

Abstract

Accurate load forecasting guarantees the stable and economic operation of power systems. With the increasing integration of distributed generations and electrical vehicles, the variability and randomness characteristics of individual loads and the distributed generation has increased the complexity of power loads in power systems. Hence, accurate and robust load forecasting results are becoming increasingly important in modern power systems. The paper presents a multi-layer stacked bidirectional long short-term memory (LSTM)-based short-term load forecasting framework; the method includes neural network architecture, model training, and bootstrapping. In the proposed method, reverse computing is combined with forward computing, and a feedback calculation mechanism is designed to solve the coupling of before and after time-series information of the power load. In order to improve the convergence of the algorithm, deep learning training is introduced to mine the correlation between historical loads, and the multi-layer stacked style of the network is established to manage the power load information. Finally, actual data are applied to test the proposed method, and a comparison of the results of the proposed method with different methods shows that the proposed method can extract dynamic features from the data as well as make accurate predictions, and the availability of the proposed method is verified with real operational data.