Limitation of Deep-Learning Algorithm for Prediction of Power Consumption

In recent years, electricity consumption has become high due to the use of several domestic applications in the house. On the other hand, there is a trend of using renewable energy in many houses, such as solar energy, energy-storage systems and electric vehicles. For this reason, forecasting household electricity consumption is essential for managing and planning energy use. Forecasting power consumption is a difficult time-series-forecasting task. Additionally, the electrical load has irregular trend elements, which makes it very difficult to predict the demand for electrical energy using simple forecasting techniques. Therefore, several researchers have worked on intelligent algorithms such as machine-learning and deep-learning algorithms to find a solution for this problem. In this work, we demonstrate that deep-learning algorithms are not always reliable and accurate in predicting power consumption.