Paper Type
Complete
Paper Number
PACIS2025-1553
Description
The exponential rise in global energy demand which is driven by rapid urbanization and population growth has strained conventional power grids, necessitating smart and adaptive solutions. This paper presents a hybrid approach to short term load forecasting with smart grids, integrating machine learning (ML) and deep learning (DL) models to enhance management of energy and accuracy of prediction. This study evaluates artificial neural networks (ANN), Long Short-term memory (LSTM), and Time Augmented Transformer (TAT) models using real time data from UK Power Networks Open Data Portal. Additionally, a weighted bagging ensemble model (WBE) combines best performing models to achieve better prediction accuracy. Experimental results state that LSTM achieves highest predictive performance while the ensemble model offers a balanced trade-off between accuracy and robustness.
Recommended Citation
Deshpande, Nilkanth Mukund; Thakkar, Jay; Prajapati, Varshilkumar Hasmukhbhai; Gandhi, Mrugank; Kolhar, Shrikrishna; and GIte, Shilpa, "Optimizing Energy Management in Smart Grids: A Hybrid Approach to Load Forecasting" (2025). PACIS 2025 Proceedings. 29.
https://aisel.aisnet.org/pacis2025/aiandml/aiandml/29
Optimizing Energy Management in Smart Grids: A Hybrid Approach to Load Forecasting
The exponential rise in global energy demand which is driven by rapid urbanization and population growth has strained conventional power grids, necessitating smart and adaptive solutions. This paper presents a hybrid approach to short term load forecasting with smart grids, integrating machine learning (ML) and deep learning (DL) models to enhance management of energy and accuracy of prediction. This study evaluates artificial neural networks (ANN), Long Short-term memory (LSTM), and Time Augmented Transformer (TAT) models using real time data from UK Power Networks Open Data Portal. Additionally, a weighted bagging ensemble model (WBE) combines best performing models to achieve better prediction accuracy. Experimental results state that LSTM achieves highest predictive performance while the ensemble model offers a balanced trade-off between accuracy and robustness.
Comments
AI ML