Title: Assessing deep learning performance in power demand forecasting for smart grid

Authors: Hengshuo Liang; Cheng Qian; Wei Yu; David Griffith; Nada Golmie

Addresses: Department of Computer and Information Sciences, Towson University, Towson, MD 21252, USA ' Department of Computer and Information Sciences, Towson University, Towson, MD 21252, USA ' Department of Computer and Information Sciences, Towson University, Towson, MD 21252, USA ' National Institute of Standards and Technology (NIST), Gaithersburg, MD 20899, USA ' National Institute of Standards and Technology (NIST), Gaithersburg, MD 20899, USA

Abstract: This paper addresses the issue of forecasting power demands via deep learning (DL) techniques in smart grid (SG). Assessing proper DL models for power demand forecasting requires the consideration of factors (e.g., data pre-processing, computational resource usage, the complexity of learning models). We employ a two-tiered approach to carry out both short-term and long-term forecasting. Short-term forecasting emphasises model accuracy, while long-term forecasting assesses model robustness. Our evaluations utilise temporal fusion transformers (TFT) and the neural hierarchical interpolation for time series (N-HiTS)-based predictors, tested on a publicly available dataset. Our findings confirm that while TFT and N-HiTS perform similarly in short-term forecasting tasks, TFT displays superior robustness and accuracy in long-term forecasting tasks. The TFT model requires substantial computational resources, especially video RAM (VRAM), for a longer input data stream. Conversely, N-HiTS, though less confident in long-term forecasting, is shown to be more resource-efficient for handling longer input data streams.

Keywords: deep learning? smart grid? power demand forecasting? performance assessment? sensing and communication infrastructure.

DOI: 10.1504/IJSNET.2024.136340

International Journal of Sensor Networks, 2024 Vol.44 No.1, pp.36 - 48

Received: 08 Oct 2023
Accepted: 12 Oct 2023
Published online: 30 Jan 2024 *

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