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Probabilistic Load Forecasting With Reservoir Computing

delete2023-01-01
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OA
AI
M
Michele Guerra *
S
Simone Scardapane
F
Filippo Maria Bianchi
DOI:10.1109/ACCESS.2023.3343467delete
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Abstract

Abstract

En 中文
Some applications of deep learning require not only to provide accurate results but also to quantify the amount of confidence in their prediction. The management of an electric power grid is one of these cases: to avoid risky scenarios, decision-makers need both precise and reliable forecasts of, for example, power loads. For this reason, point forecasts are not enough hence it is necessary to adopt methods that provide an uncertainty quantification. This work focuses on reservoir computing as the core time series forecasting method, due to its computational efficiency and effectiveness in predicting time series. While the reservoir computing literature mostly focused on point forecasting, this work explores the compatibility of some popular uncertainty quantification methods with the reservoir setting. Both Bayesian and deterministic approaches to uncertainty assessment are evaluated and compared in terms of their prediction accuracy, computational resource efficiency and reliability of the estimated uncertainty, based on a set of carefully chosen performance metrics.
Keywords:
Time series forecasting
reservoir computing
probabilistic forecasting
Bayesian inference
quantile regression

Journal

IEEE Access cover
IEEE Access
IF:
3.6
Papers:
9.8W
Citations:
29.4W

Organization

U
uit the arctic university of tromso
Scholars:
9.9K
Papers: 8.7K
Citations: 10
S
sapienza university rome
Scholars:
6.3W
Papers: 4.7W
Citations: 381
Cited Papers

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