A New Method for Electric Consumption Forecasting in a Semiconductor Plant



Similar documents
Sales Forecast for Pickup Truck Parts:

Simple Methods and Procedures Used in Forecasting

Demand forecasting & Aggregate planning in a Supply chain. Session Speaker Prof.P.S.Satish

SINGULAR SPECTRUM ANALYSIS HYBRID FORECASTING METHODS WITH APPLICATION TO AIR TRANSPORT DEMAND

A Comparative Study of the Pickup Method and its Variations Using a Simulated Hotel Reservation Data

A FUZZY LOGIC APPROACH FOR SALES FORECASTING

Forecasting methods applied to engineering management

Demand Forecasting When a product is produced for a market, the demand occurs in the future. The production planning cannot be accomplished unless

The Combination Forecasting Model of Auto Sales Based on Seasonal Index and RBF Neural Network

Master of Mathematical Finance: Course Descriptions

Time series Forecasting using Holt-Winters Exponential Smoothing

How To Plan A Pressure Container Factory

COMBINING THE METHODS OF FORECASTING AND DECISION-MAKING TO OPTIMISE THE FINANCIAL PERFORMANCE OF SMALL ENTERPRISES

SIMPLIFIED PERFORMANCE MODEL FOR HYBRID WIND DIESEL SYSTEMS. J. F. MANWELL, J. G. McGOWAN and U. ABDULWAHID

A Novel Method to Improve Resolution of Satellite Images Using DWT and Interpolation

INCREASING FORECASTING ACCURACY OF TREND DEMAND BY NON-LINEAR OPTIMIZATION OF THE SMOOTHING CONSTANT

CALL VOLUME FORECASTING FOR SERVICE DESKS

Forecasting the first step in planning. Estimating the future demand for products and services and the necessary resources to produce these outputs

Time series forecasting

Forecasting Tourism Demand: Methods and Strategies. By D. C. Frechtling Oxford, UK: Butterworth Heinemann 2001

Forecasting in supply chains

A Wavelet Based Prediction Method for Time Series

Outline: Demand Forecasting

MGT 267 PROJECT. Forecasting the United States Retail Sales of the Pharmacies and Drug Stores. Done by: Shunwei Wang & Mohammad Zainal

Introduction to time series analysis

Energy Load Mining Using Univariate Time Series Analysis

Resource grouping selection to minimize the maximum over capacity planning

A Decision-Support System for New Product Sales Forecasting

Time Series Analysis and Forecasting Methods for Temporal Mining of Interlinked Documents

Applications of improved grey prediction model for power demand forecasting

Adaptive Demand-Forecasting Approach based on Principal Components Time-series an application of data-mining technique to detection of market movement

Fuzzy regression model with fuzzy input and output data for manpower forecasting

NTC Project: S01-PH10 (formerly I01-P10) 1 Forecasting Women s Apparel Sales Using Mathematical Modeling

A COMPARISON OF REGRESSION MODELS FOR FORECASTING A CUMULATIVE VARIABLE

Objectives of Chapters 7,8

Supply Chain Forecasting Model Using Computational Intelligence Techniques

Industry Environment and Concepts for Forecasting 1

CHAPTER 11 FORECASTING AND DEMAND PLANNING

Forecasting of Economic Quantities using Fuzzy Autoregressive Model and Fuzzy Neural Network

A Study on the Comparison of Electricity Forecasting Models: Korea and China

Smoothing methods. Marzena Narodzonek-Karpowska. Prof. Dr. W. Toporowski Institut für Marketing & Handel Abteilung Handel

Prediction of Stock Performance Using Analytical Techniques

Forecasting Stock Prices using a Weightless Neural Network. Nontokozo Mpofu

Improvement of Demand Forecasting Accuracy: A Method Based on Region-Division

Time Series Analysis of Household Electric Consumption with ARIMA and ARMA Models

Theory at a Glance (For IES, GATE, PSU)

2) The three categories of forecasting models are time series, quantitative, and qualitative. 2)

Modelling and Forecasting Packaged Food Product Sales Using Mathematical Programming

Adaptive model for thermal demand forecast in residential buildings

IDENTIFICATION OF DEMAND FORECASTING MODEL CONSIDERING KEY FACTORS IN THE CONTEXT OF HEALTHCARE PRODUCTS

Effect of Forecasting on Bullwhip Effect in Supply Chain Management

Analysis of algorithms of time series analysis for forecasting sales

16 : Demand Forecasting

Ch.3 Demand Forecasting.

Forecasting Methods. What is forecasting? Why is forecasting important? How can we evaluate a future demand? How do we make mistakes?

FORECASTING IN SAP-SCM (SUPPLY CHAIN MANAGEMENT)

Short Term Electricity Price Forecasting Using ANN and Fuzzy Logic under Deregulated Environment

Integrated Resource Plan

Demand Forecasting LEARNING OBJECTIVES IEEM Understand commonly used forecasting techniques. 2. Learn to evaluate forecasts

Slides Prepared by JOHN S. LOUCKS St. Edward s University

NEW YORK STATE ELECTRIC & GAS CORPORATION DIRECT TESTIMONY OF THE SALES AND REVENUE PANEL

A Regional Demand Forecasting Study for Transportation Fuels in Turkey

DING Zhao FEBRUARY 2014 VOL 5, NO 10. Master degree candidate, College of Economic & Management, Sichuan Agricultural University.

ISSUES IN UNIVARIATE FORECASTING

Outline. Role of Forecasting. Characteristics of Forecasts. Logistics and Supply Chain Management. Demand Forecasting

The Operational Value of Social Media Information. Social Media and Customer Interaction

International Journal of Software and Web Sciences (IJSWS)

Product Documentation SAP Business ByDesign Supply Chain Planning and Control

Value of storage in providing balancing services for electricity generation systems with high wind penetration

2Azerbaijan Shahid Madani University. This paper is extracted from the M.Sc. Thesis

Readers will be provided a link to download the software and Excel files that are used in the book after payment. Please visit

Predictive Analytics Tools and Techniques

Forecasting Methods / Métodos de Previsão Week 1

Causal Leading Indicators Detection for Demand Forecasting

Production Planning. Chapter 4 Forecasting. Overview. Overview. Chapter 04 Forecasting 1. 7 Steps to a Forecast. What is forecasting?

INTELLIGENT ENERGY MANAGEMENT OF ELECTRICAL POWER SYSTEMS WITH DISTRIBUTED FEEDING ON THE BASIS OF FORECASTS OF DEMAND AND GENERATION Chr.

Short-term load forecasting using regression based moving windows with adjustable window-sizes

Energy Demand Forecast of Residential and Commercial Sectors: Iran Case Study. Hamed. Shakouri.G 1, Aliyeh. Kazemi 2.

C5 :106. The Alleviation of Prices Impact on Electricity Tariff caused by Renewable Energy Adders in Thailand

Statistical Learning for Short-Term Photovoltaic Power Predictions

2014 Forecasting Benchmark Survey. Itron, Inc High Bluff Drive, Suite 210 San Diego, CA

Sales Forecasting System for Chemicals Supplying Enterprises

Section A. Index. Section A. Planning, Budgeting and Forecasting Section A.2 Forecasting techniques Page 1 of 11. EduPristine CMA - Part I

Prescriptive Analytics. A business guide

Module 6: Introduction to Time Series Forecasting

A New Quantitative Behavioral Model for Financial Prediction

Stock Market Forecasting Using Machine Learning Algorithms

Regression and Time Series Analysis of Petroleum Product Sales in Masters. Energy oil and Gas

Identification of Demand through Statistical Distribution Modeling for Improved Demand Forecasting

Capacity planning for fossil fuel and renewable energy resources power plants

8. Time Series and Prediction

A Primer on Forecasting Business Performance

A Forecasting Decision Support System

Demand Response Management System ABB Smart Grid solution for demand response programs, distributed energy management and commercial operations

Classification of Fingerprints. Sarat C. Dass Department of Statistics & Probability

Network Traffic Prediction Based on the Wavelet Analysis and Hopfield Neural Network

Estimation of the COCOMO Model Parameters Using Genetic Algorithms for NASA Software Projects

A Survey on Cost Estimation Process in Malaysia Software Industry

OBJECTIVE ASSESSMENT OF FORECASTING ASSIGNMENTS USING SOME FUNCTION OF PREDICTION ERRORS

Phase Balancing of Distribution Systems Using a Heuristic Search Approach

Transcription:

A New Method for Electric Consumption Forecasting in a Semiconductor Plant Prayad Boonkham 1, Somsak Surapatpichai 2 Spansion Thailand Limited 229 Moo 4, Changwattana Road, Pakkred, Nonthaburi 11120 Nonthaburi, Thailand Abstract: This paper presents a new method of electric consumption forecasting by using time series comparison with a new method initiative used in a semiconductor plant. The source of time series data comes from the Metropolitan Electricity Authority (MEA) monthly energy consumption (kwh) during 2010 2012, 36 months in total and projection six months ahead compared with a new method. The objective is to select the best forecasting method from least Mean Absolute Present Error (MAPE). The results of this study show that a new method was the best method and least MAPE at 2.48 and also shows the highest significant level compared to the others by using interpolation model in Minitab and excel program. The best forecasting method will be used in forecasting the electricity consumption in the future. Keywords; Time series method, Electric load forecasting, Mean absolute present error, Idle machine, Machine equirements I. INTRODUCTION There are many cases in which a business will make use historic data based on customer information to make predictions or forecast future trends. Forecasting is an important planning tool of particular relevance in the business environment. So then, electrical load forecasting is a main to planning due to it have many parameters relevant such as ft, exchange rate, electricity tariff rate, and volume driven. The researcher has an opportunity to work in a semiconductor plant. Found that, it is a difficult in electric load forecasting because it is a a dynamic machine running as demand or volume driven. However, electricity planning system must be accurate for he optimal operation process to least unit cost as well. Electrical load forecasting is an antique issue in the electricity planning in a semiconductor plant because; it is a big cost to consider for maximizes profit or least unit cost. From the earliest times, it has always been a way to enable the physical balance between the supply and the demand, allowing a reliable system operation. Its role is fundamental to support the analysis of the capacity expansion of existing processes. In a short term perspective, it is also valuable to provide an optimized machine running,helping to manage at least unit cost process. It is therefore essential, according to an operational and planning perspective, to make sure that electricity is available for any period of time align with budget.electrical load forecasting classified into three categories; short term, medium term and long term load forecasting [1].Over the past several decades, Researchers have studied a problem to improving load forecast accuracy, and a wide variety of models have been presented. For instance, D. Srinivasan, C.S. Chang, A.C. Liew [2] presented linear regression models for electricity consumption forecasting, Bianco V, Manca O, Nardini S. [3] applied gray prediction model for energy consumption, Zhou P, Ang BW, Poh KL. [4] presented an improved singular spectral analysis method for short-term load forecasting in Iran electricity market, Kumar and Jain [5] applied three time series models, namely, Grey-Markov model, Grey- Model with rolling mechanism, and singular spectrum analysis to forecast the consumption of conventional energy in India [6]. Forecasting models merely identify patterns in the data being analyzed and using these patterns, forecast what the variable will do in the future. They are relatively simple to build and use. It does not depend on some underlying theory, they were based on mathematical relationships designed to capture patterns in the data and this paper using electricity in the past totally 36 months to forecasting and facilitated using Minitab program. In section II literature reviews each time series forecasting method is presented and discussed. The methodology is performing in section III. In section IV presented and evaluated the results each time series forecasting method. The conclusions follow in section V. II. LITERATURE REVIEW The electric load forecasting method has many methods and interested in study, however, the constraint of time which is researcher decision selected time series method to apply to semiconductor plant who has the 6 methods detail as following; Copyright to IJARCCE www.ijarcce.com 4085

A.Trend analysis method [7] International Journal of Advanced Research in Computer and Communication Engineering This method makes use of statistical technique known as the time series. The time series is an ordered sequence of events over a period of time relating to a certain variety. It shows a series of values of a dependent variable as it changes from one point of time to another by using time series it is possible to project the trend of scales in the future. These are one method used for trend projection was the least square method. It used data in the path to future projections by using fit linear equation. Equation (1) is used to compute the average and to forecast the next period. Y t+1 = (1) n t=1 Y t n = Y Where Y= Forecasting data, t = Time, Y t = Value of times, n= total data The first n data points are used as the initialization part and the rest as a test part. B. Decomposition method [8] Decomposition method is a generic term for solutions of various problems and design of algorithms in which the basic idea is to decompose the problem into sub problems. It can be an effective procedure for the analytical solution of a wide class of dynamical systems without linearization or weak nonlinearity assumptions, closure approximations, perturbation theory, or restrictive assumptions on stochasticitiy and used data in the path to fours portions and each portion is trending, season, cycle, uncertain variation. The equation as (2) C. Moving average [9] Y t = T t S t C t I t ; t = 1, 2, (2) A moving average is commonly used with time series data to smooth out short-term fluctuations and highlight longerterm trends or cycles. The threshold between short-term and long-term depends on the application, and the parameters of the moving average will be set accordingly.it used data in the path to future projections by using averages from starting point to periods to desire, who is this paper used three months average for analysis. The equation (3) is used to compute the moving average and to forecast the next period. Moving average = N i=1 y (t i) demand in previous n periods Y t = (3) N Where n is the number of periods in the moving average. n D. Single Exponential smoothing method [10] Exponential smoothing is a technique that can be applied to time series data, either to produce smoothed data for presentation, or to make forecasts. The time series data themselves are a sequence of observations. The observed phenomenon may be an essentially random process, or it may be an orderly, but noisy, process. Whereas in the simple moving average the past observations are weighted equally, exponential smoothing assigns exponentially decreasing weights over time. It is a forecasting method that is easy to use and is handled efficiently by computer program. The formula can be shown as equation (4) Y t = Y t 1 + α(a t 1 Y t 1 ) (4) Where Y t is new forecast, Y t 1 is previous forecast, α is smooting constant(0 α 1), A t 1 is previous period actual demand. E. Double exponential method[11] Like the regression forecast, the double exponential smoothing forecast is based on the assumption of a model consisting of a constant plus a linear trend. It is used for forecasting technique to smooth the trend and slope directly by using different smoothing constants for each and gives more flexibility in selecting the rates at which the trend and slope are tracked. The formula can be shown as equation (5) Y t+k = X t + kt t (5) X t = αy t + (1 α)(x t 1 + T t 1 ), T t = β X t X t 1 + (1 β)t t 1 Where T t is estimate of trend, α, β are smooting parameters, in range 0 to 1, for te constant and te trend. F. Winter s method [12] This method can be extended to deal with time series which contain both trend and seasonal variations. The Holt- Winters method has two versions, additive and multiplicative, the use of which depends on the characteristics of the particular time series. The latter will be considered first. It is similar to Holt s method with an additional element included to account for seasonality. The formula can be shown as equation (6) Y t+k = (X t + kt t )S t L+k (6) S t = γ Y t + (1-γ)S X t L+k t γ is smoothing parameters, in the range 0 to 1, L is the length of seasonality G. A New Method This method can be preparing the data before calculation as follows; Copyright to IJARCCE www.ijarcce.com 4086

1. Machine on hand; Provided by industrial engineer (IE) 2. Machine requirements; Provided by industrial engineer 3. Idle machine is no. 1 no. 2 4. kw machine running 5. kw machine idle 6. Exchange rate; Provided by finance 7. Utility rate; Electricity spending the last month in Thai bath divided by kwh 8. Calculating 9. Adjust by cost saving forecast 10. Validation by checking with historical data 11. Submitted to SAP system for use to electricity spending control in the future Y = (( (4 *2*t) + (5*3*t)) *7) / 6 (7) Fig.2 Comparison Jan. Jun. 2013 kwh actual with each method. Y = (7) 9 = 10 (8) Y is electricity spending forecast, t = time (hour) III. METHODOLOGY The population of this research is historical power consumption data available in the period from year 2010 to 2010 total sixty-six months as shown in fig. 1 and Comparison Jan Jun 2013 kwh actual with each method in fig. 2. The data collected from a semiconductor plant in Thailand by using primary data is electric load consumption and secondary is literature reviews. Modeling in Minitab [13] program application to analyze by using time series method after that testing forecasting methodology by trend analysis method, decomposition method, moving averages method, single exponential method, double exponential method, winter s method, a new method initiative by researchers. The results from Minitab program is electric load forecasting six months ahead compared actual with forecast value and considered mean absolute percent error. If also what method has at least MAPE. It will be significant at six and slightly down to one as MAPE values. Selecting the best forecasting method for use to electric load consumption in a semiconductor plant in the future. Fig. 3 Research Methodology Fig.1 Monthly historical data of the time series from 2010 to 2012 Fig. 4 A New Method Procedure Copyright to IJARCCE www.ijarcce.com 4087

IV. RESULTS The time series forecasting method by using trend analysis. This technique fits a trend line to a series of electric consumption totally sixty months and then projects the line into the future. The results show in fig. 5 and constant as the horizon. This paper used 3 months averages. The results show in fig. 7 Fig.5 Forecasting by using trend analysis Decomposition method is forecasting time series in the midterm by decomposition time series data on electric consumption totally sixty months and split to four parts are trending, seasonality, cycles, random variations. The results show in fig. 6 Fig.7 Forecasting by using moving averages 3 month method Single exponential method is a relatively simple but very useful forecasting technique.part data is used to generate the forecast with the more recent observations getting a greater weight than older data. The results show in fig. 8 Fig.8 Forecasting by using the single exponential method Fig.6 Forecasting by using decomposition method Moving averages are a method to reduce the side effect impact such as season, business cycle, and random variation from time series forecasting. It is appropriate for short term load forecasting and trend calculating will be stretched a line The double exponential method is used for forecasting time series data with a linear trend.this technique smoothes the trend and slope directly by using different smoothing constants for each. The results show in fig. 9 Fig. 9 Forceasing by using a double exponential method Copyright to IJARCCE www.ijarcce.com 4088

Forecasting Methods MAPE Scores A new method 2.48 7 Single Exponential Smoothing 5.60 6 Moving Average Length 3 5.72 5 Double Exponential Smoothing 6.37 4 Trend Analysis 7.44 3 Time Series Decomposition 7.47 2 Winters' Method 7.65 1 Table. 1 Comparison of forecasting methods V. CONCLUSION AND RECOMMENDATION Winter s method is similar to double exponential method with an additional element included to account for seasonality. The results show in fig. 10 This paper presented a study and the comparison of electric forecasting methods actual power consumption six months ahead by using monthly historical data of the time series from 2010 to 2012 with a new method. As a result, MAPE value was about the same but a new method was the best electric load forecast for semiconductor plant. It can reduce avoidance cost of electricity spending and a tool for management team decision making in order to minimize the unit cost or maximize the profit from operational management. The new method model in this research, can be applied to others plant. Fig.10 Forecasting by using Winter s method There are other measures of the accuracy of historical errors in forecasting. In this paper used the performance of the model will be evaluated according to mean absolute percentage error (MAPE), calculated according to; MAPE = 1 N N Yi Yi i=1 ( ) x 100% (9) Where N is the number of existing samples, Y i is the real historical value and Y I is the estimated value. As a result, comparing time series forecasting method and a new method for finding out the optimal model in a semiconductor plant by using monthly historical data of the time series from 2010 to 2012 with kwh actual six month ahead in 2013 and used MAPE found that as following; Yi REFERENCE [1] C.Narumol, J.Somchart, The forecasting using an average methods and exponential smoothing methods, Ladklabang Engineering Journal, Vol.19, No.1, March 2002. [2] D. Srinivasan, C.S. Chang, A.C. Liew, Survey of hybrid fuzzy neural approaches to electrical load forecasting, in: Proceedings on IEEE International Conference on Systems, Man and Cybernetics, Part 5 Vancouver, BC, 1995, pp.4004 4008. [3] Bianco V, Manca O, Nardini S. Electricity consumption forecasting in Italy using linear regression models. Energy 2009;34(9):1413e21. [4] Zhou P, Ang BW, Poh KL. A trigonometric grey prediction approach to forecastingelectricity demand. Energy 2006;31(14):2839e47. [5] Kumar U, Jain VK. Time series models to forecast energy consumption in India. Energy 2010;35(4):1709e16. [6] Afshar K, Bigdeli N. Data analysis and short term load forecasting in Iran electricity market using singular spectral analysis (SSA). Energy 2011;36(5): 2620e7. [7] Bianco V, Manca O, Nardini S. Electricity consumption forecasting in Italy using linear regression models. Energy 2009; 34(9):1413e21. [8] Benaoudaa D, Murtaghb F, Starckc JL, et al. Wavelet- based nonlinear Multi scale decomposition model for electricity load forecasting. Euro computing 2006;70 (1):139 54. [9] Pappas SS, Ekonomou L, Karamousantas DC, et al. Electricity demand loads modeling using autoregressive moving average (ARMA) models. Energy 2008; 33(9):1353 60. [10] Christiaanse W. Short-term load forecasting using general exponential smoothing. Power Apparatus Syst IEEE Trans 1971;PAS- 90(2):900 11. [11] T. Cipra, Robust exponential smoothing, Int. J. Forecast., vol. 11, no. 1, pp. 57 69, 1992. [12] Gelper, S., Fried, R., Croux, C., 2010. Robust forecasting with exponential and holt winters smoothing. J. Forecast. 29, 285 300. [13] (2013 ) The Minitab website [Online]. Available: http://www.minitab.com/. Copyright to IJARCCE www.ijarcce.com 4089

BIOGRAPHY Mr.Prayad Boonkham obtained his Bachelor Degree in Electrical Engineering from North Eastern University, Khonkhan, Thailand and Master degree in Electrical Engineering from the Kasetsart University, Bangkok, Thailand, He is currently in Principle engineer with Spansion (Thailand) Co., LTD. He has been interested in the area of electrical power system operations,planning, power system economics, load forecasting and energy conservation. Copyright to IJARCCE www.ijarcce.com 4090