Performance evaluation of probabilistic methods based on bootstrap and quantile regression to quantify PV power point forecast uncertainty
Document Type
Article
Publication Date
6-2019
Department
Department of Electrical and Computer Engineering
Abstract
This paper presents two probabilistic approaches based on bootstrap method and quantile regression (QR) method to estimate the uncertainty associated with solar photovoltaic (PV) power point forecasts. Solar PV output power forecasts are obtained using a hybrid intelligent model, which is composed of a data filtering technique based on wavelet transform (WT) and a soft computing model (SCM) based on radial basis function neural network (RBFNN) that is optimized by particle swarm optimization (PSO) algorithm. The point forecast capability of the proposed hybrid WT+RBFNN+PSO intelligent model is examined and compared with other hybrid models as well as individual SCM. The performance of the proposed bootstrap method in the form of probabilistic forecasts is compared with the QR method by generating different prediction intervals (PIs). Numerical tests using real data demonstrate that the point forecasts obtained from the proposed hybrid intelligent model can be effectively used to quantify PV power uncertainty. The performance of these two uncertainty quantification methods is assessed through reliability.
Publication Title
IEEE Transactions on Neural Networks and Learning Systems
Recommended Citation
Wen, Y.,
AlHakeem, D.,
Mandal, P.,
Chakraborty, S.,
Wu, Y.,
Senjyu, T.,
&
Paudyal, S.
(2019).
Performance evaluation of probabilistic methods based on bootstrap and quantile regression to quantify PV power point forecast uncertainty.
IEEE Transactions on Neural Networks and Learning Systems, 1-11.
http://doi.org/10.1109/TNNLS.2019.2918795
Retrieved from: https://digitalcommons.mtu.edu/michigantech-p/581
Publisher's Statement
© 2019 IEEE. Publisher’s version of record: https://doi.org/10.1109/TNNLS.2019.2918795