Residential electricity demand forecasting is important for efficient energy management and grid stability.
A novel deep learning framework called SPDNet is proposed to tackle the challenges of capturing intricate temporal dynamics in electricity demand data.
SPDNet consists of two main modules: Seasonal-Trend Decomposition Module (STDM) and Periodical Decomposition Module (PDM).
Extensive experiments show that SPDNet outperforms traditional and advanced models in both accuracy and efficiency.