Microgrid Multivariate Load Forecasting Based on Weighted Visibility Graph: A Regional Airport Case Study

This paper introduces an alternative forecasting approach that leverages the application of visibility graphs in the context of multivariate energy forecasting for a regional airport, which incorporates energy demand of diverse types of buildings and wind power generation. The motivation for this re...

Full description

Saved in:
Bibliographic Details
Main Authors: Georgios Vontzos, Vasileios Laitsos, Dimitrios Bargiotas, Athanasios Fevgas, Aspassia Daskalopulu, Lefteri H. Tsoukalas
Format: Article
Language:English
Published: MDPI AG 2025-04-01
Series:Electricity
Subjects:
Online Access:https://www.mdpi.com/2673-4826/6/2/17
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper introduces an alternative forecasting approach that leverages the application of visibility graphs in the context of multivariate energy forecasting for a regional airport, which incorporates energy demand of diverse types of buildings and wind power generation. The motivation for this research stems from the urgent need to enhance the accuracy and reliability of load forecasting in microgrids, which is crucial for optimizing energy management, integrating renewable sources, and reducing operational costs, thereby contributing to more sustainable and efficient energy systems. The proposed methodology employs visibility graph transformations, the superposed random walk method, and temporal decay adjustments, where more recent observations are weighted more significantly to predict the next time step in the data set. The results indicate that the proposed method exhibits satisfactory performance relative to comparison models such as Exponential smoothing, ARIMA, Light Gradient Boosting Machine and CNN-LSTM. The proposed method shows improved performance in forecasting energy consumption for both stationary and highly variable time series, with SMAPE and NMRSE values typically in the range of 4–10% and 5–20%, respectively, and an <inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><msup><mi>R</mi><mn>2</mn></msup></semantics></math></inline-formula> reaching 0.96. The proposed method affords notable benefits to the forecasting of energy demand, offering a versatile tool for various kinds of structures and types of energy production in a microgrid. This study lays the groundwork for further research and real-world applications within this field by enhancing both the theoretical and practical aspects of time series forecasting, including load forecasting.
ISSN:2673-4826