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Energy Consumption Prediction With Big Data: Balancing Prediction Accuracy And Computational Resources, Katarina Grolinger, Miriam Am Capretz, Luke Seewald Jun 2016

Energy Consumption Prediction With Big Data: Balancing Prediction Accuracy And Computational Resources, Katarina Grolinger, Miriam Am Capretz, Luke Seewald

Electrical and Computer Engineering Publications

In recent years, advances in sensor technologies and expansion of smart meters have resulted in massive growth of energy data sets. These Big Data have created new opportunities for energy prediction, but at the same time, they impose new challenges for traditional technologies. On the other hand, new approaches for handling and processing these Big Data have emerged, such as MapReduce, Spark, Storm, and Oxdata H2O. This paper explores how findings from machine learning with Big Data can benefit energy consumption prediction. An approach based on local learning with support vector regression (SVR) is presented. Although local learning itself is …