N. Kourentzes and S. F. Crone, 2011, International Joint Conference on Neural Networks, San Jose, 31-05 August 2011.
In this paper we propose a semi-supervised neural network algorithm to identify unusual load patterns in hourly electricity demand time series. In spite of several modeling and forecasting methodologies that have been proposed, there have been limited advancements in monitoring and automatically identifying outlying patterns in such series. This becomes more important considering the difficulty and the cost associated with manual exploration of such data, due to the vast number of observations. The proposed network learns from both labeled and unlabeled patterns, adapting automatically as more data become available. This drastically limits the cost and effort associated with exploring and labeling such data. We compare the proposed method with conventional supervised and unsupervised approaches, demonstrating higher accuracy, robustness and efficacy on empirical electricity load data.
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