Review Article

A Review on Deep Sequential Models for Forecasting Time Series Data

Table 2

A summary of published articles that used deep sequential models in energy predictions.

Ref.MethodApplicationResults obtainedMetrics usedData units

[50]ANN + fuzzy logicEnergy (electricity demand)The method was lowering the average.RMSE = 42%Hourly
[51]TCNN, LSTM,Energy (solar power)In terms of accuracy and capability to maintain a longer effective history, TCNN beats other models.MAEHalf-hourly
[52]TCNN, TCANEnergy (solar power)In terms of accuracy, TCAN outperforms some state-of-the-art deep learning prediction models, such as TCNN.MAEHalf-hourly
[53]LSTM + TASolar generation (energy)Employing partial autocorrelation to calculate the input lag, the TA method improves performance over regular LSTM.RMSE = 0.25
MAE = 0.12
Daily
[54]ETS + LSTMEnergy (electricity demand)Superior performance and competitiveness with both classical modelsMAPE 5%Monthly
[55]LSTMEnergy (electricity consumption)Prediction results were obtained with the least degree of error.RMSEEvery minute
[56]LSTMEnergyLSTM outperformed ARIMA and SARIMARMSLE, RMSE, MASE, and MAPEDaily
[57]NARX-ANN-PSOEnergyThe model is capable of determining the appropriate input and output lag terms.MSE, RMSE, MAPEHourly
[58]Combined ANNEnergy (electricity price)The model’s performance may be utilized as a baseline for making EV charging decisionMAPEHourly
[59]LSTM + fuzzyEnergy (electricity demand and wind speed)The nonstationary and irregular characteristics are effectively addressed by the CFML model. Under the MAPE metric, the model perfection wind speed and electrical power load by an average of 49% and 70%, respectively.MAPE-
[60]ISO-TS-RBF-RFNNPower load forecastingThe model performs the best in terms of long-term load forecasting accuracy.MAPEMonthly, daily, weakly, hourly