A Short-Term Residential Load Forecasting Model Based on LSTM Recurrent Neural Network Considering Weather Features

Abstract

With economic growth, the demand for power systems is increasingly large. Short-term load forecasting (STLF) becomes an indispensable factor to enhance the application of a smart grid (SG). Other than forecasting aggregated residential loads in a large scale, it is still an urgent problem to improve the accuracy of power load forecasting for individual energy users due to high volatility and uncertainty. However, as an important variable that affects the power consumption pattern, the influence of weather factors on residential load prediction is rarely studied. In this paper, we review the related research of power load forecasting and introduce a short-term residential load forecasting model based on a long short-term memory (LSTM) recurrent neural network with weather features as an input.