Forecasting electricity consumption by multiple linear regression

  • Authors

    • K. G. Tay
    • Y. Y. Choy
    • Audrey Huong
    https://doi.org/10.14419/ijet.v7i4.21727
  • Electricity consumption forecasting is crucial for effective operation, planning and facility expansion of the power system. An accurate forecasts can save operating and maintenance costs. As a result, increased the reliability of power supply and delivery system. Universiti Tun Hussein Onn Malaysia (UTHM) is a developing Malaysian Technical University. There is a great development of UTHM infrastructure since its formation in 1993. The development will be accompanied with the increasing demand for electricity. Hence, there is a need to forecast UTHM electricity consumption for future decisions on generating electric power, load switching, and infrastructure development. The UTHM load demand was forecasted by using multiple linear regression (MLR). The monthly load demand from January 2011 to August 2018 was used to forecast January to August 2019 monthly load demand. MLR can forecast the UTHM load demand quite well with mean absolute percentage error (MAPE) of 10.62%. MLR was then compared with curve fitting methods from an Excel spreadsheet.

  • References

    1. [1] Pedregal DJ & Trapero JR (2010), Mid-term hourly electricity forecasting based on a multi-rate approach. Energy Conversion and Management 51, 105–111. https://doi.org/10.1016/j.enconman.2009.08.028.

      [2] Almeshaiei E & Soltan H (2011), a methodology for Electric Power Load Forecasting. Alexandria Engineering Journal 50, 137–144. https://doi.org/10.1016/j.aej.2011.01.015.

      [3] Singh AK, Ibraheem, Khatoon S & Muazzam Md (2013), An Overview of Electricity Demand Forecasting Techniques. National Conference on Emerging Trends in Electrical, Instrumentation & Communication Engineering 3, 38-48.

      [4] Perry C, (1999), Short-Term Load Forecasting; Using Multiple Regression Analysis. Rural Electric Power Conference, 1-8. https://doi.org/10.1109/REPCON.1999.768683.

      [5] Mohamed Z & Bodger P (2005), Forecasting electricity consumption in New Zealand using economic and demographic variables. Energy 30, 1833–1843. https://doi.org/10.1016/j.energy.2004.08.012.

      [6] Kandananond K (2011), Forecasting Electricity Demand in Thailand with an Artificial Neural Network Approach. Energies 4, 1246-1257. https://doi.org/10.3390/en4081246.

      [7] Amral N, Özveren CS & King D (2007), Short Term Load Forecasting Using Multiple Linear Regression. Universities Power Engineering Conference, 1192-1198. https://doi.org/10.1109/UPEC.2007.4469121.

      [8] Kumar S, Mishra S & Gupta S (2016), Short Term Load Forecasting Using ANN and Multiple Linear Regression. 2016 Second International Conference on Computational Intelligence & Communication Technology, 184-186.

      [9] Kaytez F, Taplamacioglu MC, Cam E & Hardala F (2015), Forecasting electricity consumption: A comparison of regression analysis, neural networks and least squares support vector machines. Electrical Power and Energy Systems 67, 431–438. https://doi.org/10.1016/j.ijepes.2014.12.036.

      [10] Hahn H, Meyer-Nieberg S & Pickl S (2009), Electric load forecasting methods: Tools for decision-making. European Journal of Operational Research. 199, 902-907. https://doi.org/10.1016/j.ejor.2009.01.062.

      [11] Kyriakides E & Polycarpou M (2007), Short-term electric load forecasting: A tutorial. In: Chen, K., Wang, L. (Eds.), Trends in Neural Computation, Studies in Computational Intelligence, Springer, 35, 391–418 (Chapter 16).

      [12] Lepojević V & Anđelković-Pešić M (2011), Forecasting Electricity Consumption by Using Holt-Winters and Seasonal Regression Models. Facta Universitatis Series: Economics and Organization 8, 421 – 431.

  • Downloads

  • How to Cite

    Tay, K. G., Choy, Y. Y., & Huong, A. (2018). Forecasting electricity consumption by multiple linear regression. International Journal of Engineering & Technology, 7(4), 3515-3520. https://doi.org/10.14419/ijet.v7i4.21727