Short term load forecasting: A dynamic neural network based genetic algorithm optimization

The short term load forecasting plays a significant role in the management of power system supply for countries and regions, in particular in cases of insufficient electric energy for increased needs. A back-propagation artificial neural-network (BP-ANN) genetic algorithm (GA) based optimizing technique for improved accuracy of predictions short term loads is proposed. With GA´s optimizing and BP-ANN´s dynamic capacity, the weighted GA optimization is realized by selection, crossing and mutation operations. The performance of the proposed technique has been tested using load time-series from a real-world electrical power system. Its prediction has been compared to those of obtained by only back-propagation based neural-network techniques. Simulation results demonstrated that the here proposed technique possesses superior performance thus guarantees better forecasting.