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This study addresses the escalating energy demands faced by global industries, exerting pressure on power grids to maintain equilibrium between supply and demand. Smart grids play a pivotal role in achieving this balance by facilitating bidirectional energy flow between end users and utilities. Unlike traditional grids, smart grids incorporate advanced sensors and controls to mitigate peak loads and balance overall energy consumption. The proposed work introduces an innovative deep learning strategy utilizing bi-directional Long Short Term Memory (b-LSTM) and advanced decomposition algorithms for processing and analyzing smart grid sensor data. The application of b-LSTM and higher-order decomposition in the analysis of time-series data results in a reduction of Mean Absolute Percentage Error (MAPE) and Minimal Root Mean Square (RMSE). Experimental outcomes, compared with current methodologies, demonstrate the model’s superior performance, particularly evident in a case study focusing on hourly PV cell energy patterns. The findings underscore the efficacy of the proposed model in providing more accurate predictions, thereby contributing to enhanced management of power grid challenges.
Mahendran et al. (Sat,) studied this question.