This paper proposes a new hybrid framework for short-term load forecasting (STLF) by combining the Feature Engineering (FE) and Bayesian Optimization (BO) algorithms with a Bayesian Neural Network (BNN). The FE module comprises feature selection and extraction phases. Firstly, by merging the Random Forest (RaF) and Relief-F (ReF) algorithms, we developed a hybrid feature selector based on grey correlation analysis (GCA) to eliminate feature redundancy. Secondly, a radial basis Kernel function and principal component analysis (KPCA) are integrated into the feature-extraction module for dimensional reduction. Thirdly, the Bayesian Optimization (BO) algorithm is used to fine-tune the control parameters of a BNN and provides more accurate results by avoiding the optimal local trapping. The proposed FE-BNN-BO framework works in such a way to ensure stability, convergence, and accuracy. The proposed FE-BNN-BO model is tested on the hourly load data obtained from the PJM, USA, electricity market. In addition, the simulation results are also compared with other benchmark models such as Bi-Level, long short-term memory (LSTM), an accurate and fast convergence-based ANN (ANN-AFC), and a mutual-information-based ANN (ANN-MI). The results show that the proposed model has significantly improved the accuracy with a fast convergence rate and reduced the mean absolute percent error (MAPE).

Short-term load forecasting plays an essential role in the efficient management of electrical systems. Building an optimization model that will enhance forecasting accuracy is a challenging task and a concern for electrical load prediction. Due to Artificial Neural Networks (ANNs), the final result depends on initial random weights and thresholds that affect the stability of the forecast. Although much devotion is being given to improving the forecast accuracy, convergence, complexity, and resilience need to be considered for stable predictive models. To overcome this limitation, this work has jointly considered the Wavelet Neural Network (WNN) and Self-Adaptive Momentum Factor (SAMF) to achieve fast convergence, stability, and high accuracy. The proposed hybrid model is developed by combining the Feature Engineering (FE) and SAMF with the WNN model. The FE removes the irrelevant data and shallow features to ensure high computational performance. In contrast, the SAMF combines the wavelet transform’s time and frequency domain properties and adjusts the WNN model’s corresponding parameters. This ensures the global optimum solution while returning accurate predictive results. Finally, the SAMF is used to tune the control parameters of WNN by initializing the random weights and thresholds to accelerate the convergence rate and improve the accuracy compared to the Back-Propagation (BP) method. The proposed hybrid model is tested on the real-time datasets taken from the Australian states of (New South Wales (NSW), and Victoria (VIC)). Experimental results show that the developed model outperforms other benchmark models such as WNN-IGA, BPNN, WNN-AMBA, and Enhanced WNN in terms of instability, rate of convergence, and accuracy.

Electric vehicles are anticipated to be essential components of future energy systems, as they possess the capability to assimilate surplus energy generated by renewable sources. With the increasing popularity of plug-in hybrid electric vehicles (PHEVs), conventional internal combustion engine (ICE)-based vehicles are expected to be gradually phased out, thereby decreasing greenhouse gases and reliance on foreign oil. Intensive research and development efforts across the globe are currently concentrated on developing effective PHEV charging solutions that can efficiently cater to the charging needs of PHEVs, while simultaneously minimizing their detrimental effects on the power infrastructure. Efficient PHEV charging strategies and technologies are necessary to overcome the obstacles presented. Forecasting PHEV charging loads provides a solution by enabling energy delivery to power systems based on anticipated future loads. We have developed a novel approach, utilizing machine learning methods, for accurately forecasting PHEV charging loads at charging stations across three phases of powering (smart, non-cooperative, and cooperative). The proposed Q-learning method outperforms conventional AI techniques, such as recurrent neural and artificial neural networks, in accurately forecasting PHEV loads for various charging scenarios. The findings indicate that the Q-learning method effectively predicts PHEV loads in three scenarios: smart, non-cooperative, and cooperative. Compared to the ANN and RNN models, the forecast precision of the QL model is higher by 31.2% and 40.7%, respectively. The Keras open-source set was utilized to simulate three different approaches and evaluate the efficacy and worth of the suggested Q-learning technique.