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To improve the accuracy of the day-ahead load forecasting predictions of a single model, a novel modular parallel forecasting model with feature selection was proposed. First, load features were extracted from a historic load with a horizon from the previous 24 h to the previous 168 h considering the calendar feature. Second, a feature selection combined with a predictor process was carried out to select the optimal feature for building a reliable predictor with respect to each hour. The final modular model consisted of 24 predictors with a respective optimal feature subset for day-ahead load forecasting. New England and Singapore load data were used to evaluate the effectiveness of the proposed method. The results indicated that the accuracy of the proposed modular model was higher than that of the traditional method. Furthermore, conducting a feature selection step when building a predictor improved the accuracy of load forecasting.

Modular Predictor for Day-Ahead Load Forecasting and Feature Selection for Different Hours