Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06) Track 2 Kauai, Hawaii January 04-January 07 ISBN: 0-7695-2507-5
This study develops a novel model, GA-SVR, for parameters optimization in support vector regression and implements this new model in a problem forecasting maximum electrical daily load. The real-valued genetic algorithm (RGA) was adapted to search the optimal parameters of support vector regression (SVR) to increase the accuracy of SVR. The proposed model was tested on a complicated electricity load forecasting competition announced on the EUNITE network. The results illustrated that the new GA-SVR model outperformed previous models. Specifically, the new GA-SVR model can successfully identify the optimal values of parameters of SVR with the lowest prediction error values, MAPE and maximum error, in electricity load forecasting.
Index Terms:
Support vector regression (SVR); Real-valued genetic algorithm (RGA); Parameter optimization; Electrical load forecasting; Forecasting accuracy
Citation:
Chin-Chia Hsu, Chih-Hung Wu, Shih-Chien Chen, Kang-Lin Peng, "Dynamically Optimizing Parameters in Support Vector Regression: An Application of Electricity Load Forecasting," hicss, vol. 2, pp.30c, Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06) Track 2, 2006 Usage of this product signifies your acceptance of the Terms of Use. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||