Enhancing the performance of building looad forecasting using hybrid of GLSSVM - ABC Model

Abstract

In conducting load forecasting, the accuracy of forecasting is an important aspect in planning and managing electricity. Thus, a new hybrid model is presented in this paper, which combines the Group Method of Data Handling, Least Square Support Vector Machine and Artificial Bee Colony (GLSSVM- ABC) for building load forecasting. Its performance accuracy has been compared with other methods by using the Mean Absolute Percentage Error (MAPE) and Root Means Square Error (RMSE). It was found that the proposed method has resulted in better performance accuracy in terms of both MAPE and RMSE. The MAPE analysis showed an increase in performance accuracy of more than 7 percent when compared to other methods. The RMSE analysis showed an increase in performance accuracy of more than 5 percent when compared to other methods. The results in this study showed that the proposed method is proven to be effective and has great potential for accurate building load forecasting.