Engineering Proceedings (Jul 2023)
Multi-Output Variational Gaussian Process for Daily Forecasting of Hydrological Resources
Abstract
Water resource forecasting plays a crucial role in managing hydrological reservoirs, supporting operational decisions ranging from the economy to energy. In recent years, machine learning-based models, including sequential models such as Long Short-Term Memory (LSTM) networks, have been widely employed to address this task. Despite the significant interest in forecasting hydrological series, weather’s nonlinear and stochastic nature hampers the development of accurate prediction models. This work proposes a Variational Gaussian Process-based forecasting methodology for multiple outputs, termed MOVGP, that provides a probabilistic framework to capture the prediction uncertainty. The case study focuses on the Useful Volume and the Streamflow Contributions from 23 reservoirs in Colombia. The results demonstrate that MOVGP models outperform classical LSTM and linear models in predicting several horizons, with the added advantage of offering a predictive distribution.
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