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In recent years, with the deepening of China's electricity sales side reform and electricity market opening up gradually, the forecasting of electricity consumption (FoEC) becomes an extremely important technique for the electricity market. At present, how to forecast the electricity accurately and make an evaluation of results scientifically are still key research topics. In this paper, we propose a novel prediction scheme based on the least-square support vector machine (LSSVM) model with a maximum correntropy criterion (MCC) to forecast the electricity consumption (EC). Firstly, the electricity characteristics of various industries are analyzed to determine the factors that mainly affect the changes in electricity, such as the gross domestic product (GDP), temperature, and so on. Secondly, according to the statistics of the status quo of the small sample data, the LSSVM model is employed as the prediction model. In order to optimize the parameters of the LSSVM model, we further use the local similarity function MCC as the evaluation criterion. Thirdly, we employ the K-fold cross-validation and grid searching methods to improve the learning ability. In the experiments, we have used the EC data of Shaanxi Province in China to evaluate the proposed prediction scheme, and the results show that the proposed prediction scheme outperforms the method based on the traditional LSSVM model. [ABSTRACT FROM AUTHOR]

Weather information is an important factor in short-term load forecasting (STLF). However, for a long time, more importance has always been attached to forecasting models instead of other processes such as the introduction of weather factors or feature selection for STLF. The main aim of this paper is to develop a novel methodology based on Fisher information for meteorological variables introduction and variable selection in STLF. Fisher information computation for one-dimensional and multidimensional weather variables is first described, and then the introduction of meteorological factors and variables selection for STLF models are discussed in detail. On this basis, different forecasting models with the proposed methodology are established. The proposed methodology is implemented on real data obtained from Electric Power Utility of Zhenjiang, Jiangsu Province, in southeast China. The results show the advantages of the proposed methodology in comparison with other traditional ones regarding prediction accuracy, and it has very good practical significance. Therefore, it can be used as a unified method for introducing weather variables into STLF models, and selecting their features. [ABSTRACT FROM AUTHOR]

In recent years, coal-fired power plants contribute the biggest part of power generation in China. Challenges of energy conservation and emission reduction of the coal-fired power plant encountering with a rapid growth due to the rising proportion of renewable energy generation in total power generation. Energy saving power generation dispatch (ESPGD) based on power units sorting technology is a promising approach to meet the challenge. Therefore, it is crucial to establish a reasonable and feasible multi-index comprehensive evaluation (MICE) framework for assessing the performance of coal-fired power units accessed by the power grid. In this paper, a hierarchical multiple criteria evaluation system was established. Except for the typical economic and environmental indices, the evaluation system considering operational flexibility and power quality indices either. A hybrid comprehensive evaluation model was proposed to assess the unit operational performance. The model is an integration of grey relational analysis (GRA) with analytic hierarchy process (AHP) and a novel entropy-based method (abbreviate as BECC) which integrates bootstrap method and correlation coefficient (CC) into entropy principle to get the objective weight of indices. Then a case study on seven typical 600 megawatts coal-fired power units was carried out to illustrate the proposed evaluation model, and a weight sensitivity analysis was developed in addition. The results of the case study shows that unit 4 has the power generating priority over the rest ones, and unit 2 ranks last, with the lowest grey relational degree. The weight sensitivity analysis shows that the environmental factor has the biggest sensitivity coefficient. And the validation analysis of the developed BECC weight method shows that it is feasible for the MICE model, and it is stable with an ignorable uncertainty caused by the stochastic factor in the bootstrapping process. The elaborate analysis of the result reveals that it is feasible to rank power units with the proposed evaluation model. Furthermore, it is beneficial to synthesize the updated multiple criteria in optimizing the power generating priority of coal-fired power units. [ABSTRACT FROM AUTHOR]