Enhanced Electricity Demand Forecasting in Australia Using a CNN-LSTM Model with Heating and Cooling Degree Days Data

Publisher:
IEEE
Publication Type:
Conference Proceeding
Citation:
2023 IEEE International Future Energy Electronics Conference (IFEEC), 2024, 00, pp. 504-508
Issue Date:
2024-03-19
Full metadata record
In this paper we present a hybrid deeplearning forecasting method based on heating and cooling degree days data to predict the electricity demand in Australia The proposed model integrates convolutional neural network CNN and long shortterm memory LSTM models to improve electricity prediction accuracy The proposed model performance is comprehensively compared with a few conventional forecast methods including deep neural networks DNN model The results show that the mean absolute error and mean absolute percentage error of the prediction have been reduced by using the proposed hybrid model
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