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A Forecasting Method of Electricity Sales Considering the User Churn Rate in a Power Market Environment

  • Zhaoyang Qu
  • , Wanxin Wang
  • , Nan Qu
  • , Yuqing Liu
  • , Hongbo Lv
  • , Kewei Hu
  • , Jianyou Yu
  • , Manyang Gao
  • , Jiajun Song
  • Northeast Electric Power University
  • Maintenaue Company of Jiangsu Power Company
  • State Grid Jilin Electric Power Supply Company

Research output: Contribution to journalArticlepeer-review

3   Link opens in a new tab Citations (SciVal)

Abstract

In order to improve the accuracy of forecasts of the electricity sales of power sales companies, a depth forecast model of electricity sales based on the characteristics of the power market is proposed. First, based on survival analysis, the calculation method of the user churn rate in the electricity market is given, and the number of users at a certain moment in the future is predicted. Then, users’ electricity consumption that calculated by the deep belief network and the predicted quantity of users are combined to design a forecast model of electricity sales. Finally, the model is solved utilizing the weighting algorithm of adaptive inertia. The analysis of the example shows that the proposed method achieves a significant improvement in the accuracy of power sales forecasting.

Original languageEnglish
Pages (from-to)1585-1596
Number of pages12
JournalJournal of Electrical Engineering and Technology
Volume14
Issue number4
Early online date29 May 2019
DOIs
Publication statusPublished - 1 Jul 2019

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • Churn rate of users
  • Deep belief network
  • Electricity market
  • Electricity sales

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

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