Hybrid CNN-LSTM Model for Short-Term Individual Household Load Forecasting

Power grids are transforming into flexible, smart, and cooperative systems with greater dissemination of distributed energy resources, advanced metering infrastructure, and advanced communication technologies. Short-term electric load forecasting for individual residential customers plays a progressively crucial role in the operation and planning of future grids. Compared to the aggregated electrical load at the community level, the prediction of individual household electric loads is legitimately challenging because of the high uncertainty and volatility involved. Results from previous studies show that prediction using machine learning and deep learning models is far from accurate, and there is still room…