A novel harmony search algorithm for one-year-ahead energy demand estimation using macroeconomic variables

Sancho Salcedo-Sanz, Joé Antonio Portilla-Figueras, Jesús Muñoz-Bulnes, Javier del Ser, Miren Nekane Bilbao

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

In this paper we tackle a problem of one-year ahead energy demand estimation from macroeconomic variables. A modified Harmony Search (HS) algorithm is proposed to this end, as one of the novelties of the paper. The modifications on the proposed HS include a hybrid encoding, with a binary part to carry out a feature selection, and a real part, to select the parameter of a given prediction model. Some other adaptation focussed on the HS operators are also introduced. We study the performance of the proposed approach in a real problem of Energy demand estimation in Spain, from 14 macroeconomic variables with values for the last 30 years, including years of the crisis, from 2008. The performance of the proposed HS with feature selection is excellent, providing an accurate one year ahead prediction that improves previous proposals in the literature.

Original languageEnglish
Title of host publicationInternational Joint Conference SOCO 2014 - CISIS 2014 - ICEUTE 2014, Proceedings
EditorsFanny Klett, Ajith Abraham, Álvaro Herrero, Bruno Baruque, André C.P.L.F. de Carvalho, Héctor Quintián, Emilio Corchado, Héctor Quintián, José Gaviria de la Puerta, Iván García Ferreira, Pablo García Bringas
PublisherSpringer Verlag
Pages251-258
Number of pages8
ISBN (Electronic)9783319079943
DOIs
Publication statusPublished - 2014
EventInternational Joint Conference on 9th International Conference on Soft Computing Models in Industrial and Environmental Applications, SOCO 2014 with 7th International Conference on Computational Intelligence in Security for Information Systems, CISIS 2014 and 5th International Conference on EUropean Transnational Education, ICEUTE 2014 - Bilbao, Spain
Duration: 25 Jun 201427 Jun 2014

Publication series

NameAdvances in Intelligent Systems and Computing
Volume299
ISSN (Print)2194-5357

Conference

ConferenceInternational Joint Conference on 9th International Conference on Soft Computing Models in Industrial and Environmental Applications, SOCO 2014 with 7th International Conference on Computational Intelligence in Security for Information Systems, CISIS 2014 and 5th International Conference on EUropean Transnational Education, ICEUTE 2014
Country/TerritorySpain
CityBilbao
Period25/06/1427/06/14

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