Feb. 6, 2024, 5:49 a.m. | Anuvab Sen Arul Rhik Mazumder Udayon Sen

cs.LG updates on arXiv.org arxiv.org

Accurate load forecasting plays a vital role in numerous sectors, but accurately capturing the complex dynamics of dynamic power systems remains a challenge for traditional statistical models. For these reasons, time-series models (ARIMA) and deep-learning models (ANN, LSTM, GRU, etc.) are commonly deployed and often experience higher success. In this paper, we analyze the efficacy of the recently developed Transformer-based Neural Network model in Load forecasting. Transformer models have the potential to improve Load forecasting because of their ability to …

algorithm ann arima challenge cs.lg cs.ne differential dynamic dynamics etc evolution experience forecasting gru lstm network neural network parameters power role series statistical systems transformer vital

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