Article navigation
Purpose

This study aims to develop a robust and interpretable forecasting framework for short-term electricity demand that supports sustainable energy demand management, particularly under conditions of demand volatility and unexpected events.

Design/methodology/approach

This study proposes a hybrid Prophet-XGBoost forecasting framework that combines a decomposable time-series model with machine learning–based residual learning. The model was validated using 425 days of operational data from the Taiwan Power Company, utilizing a 30-day out-of-sample test set to simulate real-world forecasting.

Findings

The hybrid model consistently improves upon the standalone Prophet baseline and remains highly competitive with standalone XGBoost. Anomaly detection identifies demand irregularities linked to exogenous shocks, such as national holidays, improving robustness and interpretability.

Practical implications

The framework offers energy utilities and system operators a practical decision-support tool for improving short-term load forecasting, anticipating demand shocks, and strengthening grid reliability.

Originality/value

This study contributes a decision-oriented hybrid forecasting framework that combines statistical interpretability with machine learning accuracy and explicit anomaly detection for energy sector management.

Licensed re-use rights only
You do not currently have access to this content.
Don't already have an account? Register

Purchased this content as a guest? Enter your email address to restore access.

Pay-Per-View Access
$39.00
Rental

or Create an Account

Close subscription notice
Close access options