Mutakabbir Ahmed Tayib, A Comparative Study of Deep Learning Techniques for Time Series Forecasting in Energy Consumption Prediction
This thesis compares the performance of univariate and multivariate energy consumption forecasts using deep learning techniques. The study finds that the univariate model outperforms the multivariate models for two of the three data sets tested. Among all the model architectures, LSTM outperforms all the univariate experiments, while TFT performs best among the multivariate experiments. The results suggest that univariate models are superior in forecasting energy consumption despite being less complex and requiring significantly less training time, cost, and resources.
Date: 13.08.2023 / 13:15 Place: A-212