Electricity Demand Prediction with XGBoost: Complete ML Project in Python

Added:

Project Overview
Data Import & Explore
Data Cleaning & Prep
Feature Engineering
Rolling Stats & Viz
Model Training & Eval
Forecast & Save Model

Project Overview

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Playing Section
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    Outlines building a machine learning model to forecast city electricity demand.

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    Introduces the historical dataset and key project steps for prediction.

Proficiency in Python programming, particularly using the Pandas library for handling datetime indexes and time-series data manipulation.
Understanding of basic Machine Learning concepts, specifically decision trees and the fundamentals of gradient boosting algorithms.
Familiarity with time-series analysis concepts such as trend, seasonality, lag features, and autocorrelation.
Knowledge of standard regression evaluation metrics, including Mean Absolute Error (MAE) and Root Mean Squared Error (RMSE).
Implementing advanced hyperparameter tuning for XGBoost using frameworks like Optuna with TimeSeriesSplit cross-validation.
Integrating exogenous variables (such as weather data, calendar holidays, and economic factors) to improve forecasting accuracy.
Exploring deep learning alternatives for time-series forecasting, such as Long Short-Term Memory (LSTM) networks or Temporal Fusion Transformers.
Deploying the trained forecasting model into a production environment using MLOps practices for real-time electricity demand monitoring.
3.3K views152likes1:28:41@data_science_loversOriginal Release: 2025-07-17

This tutorial demonstrates how to build a machine learning model for electricity demand forecasting using Python. The process involves importing and exploring a 5-year historical electricity dataset, performing data cleaning including handling missing values through forward fill, backward fill, and interpolation methods, creating engineered features such as lagged values (24-hour and 168-hour lags), rolling mean and standard deviation, and temporal features like quarter, week, and weekend indicators. The model uses XGBoost regressor for prediction, with evaluation metrics including RMSE and MAE. Visualization techniques including line charts, box plots, scatter plots, and heatmaps are employed to analyze patterns and correlations between demand, temperature, and other factors.