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Deep Learning Network for Energy Storage Scheduling in Power Market Environment Short-Term Load Forecasting Model

Yunlei Zhang1, Ruifeng Cao1, Danhuang Dong2, Sha Peng3,*, Ruoyun Du3, Xiaomin Xu3

1 State Grid Zhejiang Electric Power Co., Ltd., Hangzhou, 310007, China
2 Strategy and Development Research Center, Economic and Technical Research Institute, State Grid Zhejiang Electric Power Co., Hangzhou, 310000, China
3 Beijing Key Laboratory of New Energy Power and Low Carbon Development Research, North China University of Electric Power, Beijing, 102206, China

* Corresponding Author: Sha Peng. Email: email

Energy Engineering 2022, 119(5), 1829-1841. https://doi.org/10.32604/ee.2022.020118

Abstract

In the electricity market, fluctuations in real-time prices are unstable, and changes in short-term load are determined by many factors. By studying the timing of charging and discharging, as well as the economic benefits of energy storage in the process of participating in the power market, this paper takes energy storage scheduling as merely one factor affecting short-term power load, which affects short-term load time series along with time-of-use price, holidays, and temperature. A deep learning network is used to predict the short-term load, a convolutional neural network (CNN) is used to extract the features, and a long short-term memory (LSTM) network is used to learn the temporal characteristics of the load value, which can effectively improve prediction accuracy. Taking the load data of a certain region as an example, the CNN-LSTM prediction model is compared with the single LSTM prediction model. The experimental results show that the CNN-LSTM deep learning network with the participation of energy storage in dispatching can have high prediction accuracy for short-term power load forecasting.

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APA Style
Zhang, Y., Cao, R., Dong, D., Peng, S., Du, R. et al. (2022). Deep learning network for energy storage scheduling in power market environment short-term load forecasting model. Energy Engineering, 119(5), 1829-1841. https://doi.org/10.32604/ee.2022.020118
Vancouver Style
Zhang Y, Cao R, Dong D, Peng S, Du R, Xu X. Deep learning network for energy storage scheduling in power market environment short-term load forecasting model. Energ Eng. 2022;119(5):1829-1841 https://doi.org/10.32604/ee.2022.020118
IEEE Style
Y. Zhang, R. Cao, D. Dong, S. Peng, R. Du, and X. Xu "Deep Learning Network for Energy Storage Scheduling in Power Market Environment Short-Term Load Forecasting Model," Energ. Eng., vol. 119, no. 5, pp. 1829-1841. 2022. https://doi.org/10.32604/ee.2022.020118



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