Abstract
Energy consumption has grown alongside dramatic population increases. Statistics show that buildings in particular utilize a significant amount of energy, worldwide. Because of this, building energy prediction is crucial to best optimize utilities' energy plans and also create a predictive model for consumers. To improve energy prediction performance, this paper proposes a ResNet-LSTM model that combines residual networks (ResNets) and long short-term memory (LSTM) for energy consumption prediction. ResNets are utilized to extract complex and rich features, while LSTM has the ability to learn temporal correlation; the dense layer is used as a regression to forecast energy consumption. To make our model more robust, we employed Huber loss during the optimization process. Huber loss obtains high efficiency by handling minor errors quadratically. It also takes the absolute error for large errors to increase robustness. This makes our model less sensitive to outlier data. Our proposed system was trained on historical data to forecast energy consumption for different time series. To evaluate our proposed model, we compared our model's performance with several popular machine learning and deep learning methods such as linear regression, neural networks, decision tree, and convolutional neural networks, etc. The results show that our proposed model predicted energy consumption most accurately.