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Article . 2014
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https://doi.org/10.1109/bigdat...
Article . 2014 . Peer-reviewed
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On the impact of socio-economic factors on power load forecasting

Authors: Han, Yufei; Sha, Xiaolan; Grover-Silva, Etta; Michiardi, Pietro;

On the impact of socio-economic factors on power load forecasting

Abstract

In this paper, we analyze a public dataset of electricity consumption collected over 3,800 households for one year and half. We show that some socioeconomic factors are critical indicators to forecast households' daily peak (and total) load. By using a random forests model, we show that the daily load can be predicted accurately at a fine temporal granularity. Differently from many state-of-the-art techniques based on support vector machines, our model allows to derive a set of heuristic rules that are highly interpretable and easy to fuse with human experts domain knowledge. Lastly, we quantify the different importance of each socioeconomic feature in the prediction task.

Country
France
Keywords

[MATH] Mathematics [math], [MATH]Mathematics [math]

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    popularity
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    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
24
Top 10%
Top 10%
Average
Green