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Advancing Long-Term Multi-Energy Load Forecasting with Patchformer: A Patch and Transformer-Based Approach

arXiv 2404.10458 ↗First posted 16 Apr 2024cs.LG cs.AIcited by 0

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Abstract (arXiv)

In the context of increasing demands for long-term multi-energy load forecasting in real-world applications, this paper introduces Patchformer, a novel model that integrates patch embedding with encoder-decoder Transformer-based architectures. To address the limitation in existing Transformer-based models, which struggle with intricate temporal patterns in long-term forecasting, Patchformer employs patch embedding, which predicts multivariate time-series data by separating it into multiple univariate data and segmenting each of them into multiple patches. This method effectively enhances the model's ability to capture local and global semantic dependencies. The numerical analysis shows that the Patchformer obtains overall better prediction accuracy in both multivariate and univariate long-term forecasting on the novel Multi-Energy dataset and other benchmark datasets. In addition, the positive effect of the interdependence among energy-related products on the performance of long-term time-series forecasting across Patchformer and other compared models is discovered, and the superiority of the Patchformer against other models is also demonstrated, which presents a significant advancement in handling the interdependence and complexities of long-term multi-energy forecasting. Lastly, Patchformer is illustrated as the only model that follows the positive correlation between model performance and the length of the past sequence, which states its ability to capture long-range past local semantic information.

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References · 12

  1. 2017Attention Is All You Needcited by 59,932
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  7. 2022A Time Series is Worth 64 Words: Long-term Forecasting with Transformerscited by 1,981
  8. 2020Reformer: The Efficient Transformercited by 1,658
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  10. 2022Are Transformers Effective for Time Series Forecasting?cited by 1,400
  11. 2022FEDformer: Frequency Enhanced Decomposed Transformer for Long-term Series Forecastingcited by 1,200
  12. 2020Time Series Forecasting Using LSTM Networks: A Symbolic Approachcited by 25

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