Leveraging External Factors in Household-Level Electrical Consumption Forecasting using Hypernetworks

Fuente: arXiv
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Main Authors: Bernier, Fabien, Cordy, Maxime, Traon, Yves Le
Format: Preprint
Published: 2025
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author Bernier, Fabien
Cordy, Maxime
Traon, Yves Le
author_facet Bernier, Fabien
Cordy, Maxime
Traon, Yves Le
contents Accurate electrical consumption forecasting is crucial for efficient energy management and resource allocation. While traditional time series forecasting relies on historical patterns and temporal dependencies, incorporating external factors -- such as weather indicators -- has shown significant potential for improving prediction accuracy in complex real-world applications. However, the inclusion of these additional features often degrades the performance of global predictive models trained on entire populations, despite improving individual household-level models. To address this challenge, we found that a hypernetwork architecture can effectively leverage external factors to enhance the accuracy of global electrical consumption forecasting models, by specifically adjusting the model weights to each consumer. We collected a comprehensive dataset spanning two years, comprising consumption data from over 6000 luxembourgish households and corresponding external factors such as weather indicators, holidays, and major local events. By comparing various forecasting models, we demonstrate that a hypernetwork approach outperforms existing methods when associated to external factors, reducing forecasting errors and achieving the best accuracy while maintaining the benefits of a global model.
format Preprint
id arxiv_https___arxiv_org_abs_2506_14472
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Leveraging External Factors in Household-Level Electrical Consumption Forecasting using Hypernetworks
Bernier, Fabien
Cordy, Maxime
Traon, Yves Le
Machine Learning
Artificial Intelligence
Accurate electrical consumption forecasting is crucial for efficient energy management and resource allocation. While traditional time series forecasting relies on historical patterns and temporal dependencies, incorporating external factors -- such as weather indicators -- has shown significant potential for improving prediction accuracy in complex real-world applications. However, the inclusion of these additional features often degrades the performance of global predictive models trained on entire populations, despite improving individual household-level models. To address this challenge, we found that a hypernetwork architecture can effectively leverage external factors to enhance the accuracy of global electrical consumption forecasting models, by specifically adjusting the model weights to each consumer. We collected a comprehensive dataset spanning two years, comprising consumption data from over 6000 luxembourgish households and corresponding external factors such as weather indicators, holidays, and major local events. By comparing various forecasting models, we demonstrate that a hypernetwork approach outperforms existing methods when associated to external factors, reducing forecasting errors and achieving the best accuracy while maintaining the benefits of a global model.
title Leveraging External Factors in Household-Level Electrical Consumption Forecasting using Hypernetworks
topic Machine Learning
Artificial Intelligence
url https://arxiv.org/abs/2506.14472