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There has been an increasing trend in the electric power system from a centralized generation-driven grid to a more reliable, environmental friendly, and customer-driven grid. One of the most important issues which the designers of smart…

Systems and Control · Computer Science 2015-02-03 Kianoosh G. Boroojeni , Shekoufeh Mokhtari , M. H. Amini , S. S. Iyengar

The integration of solar power has been increasing as the green energy transition rolls out. The penetration of solar power challenges the grid stability and energy scheduling, due to its intermittent energy generation. Accurate and near…

Machine Learning · Computer Science 2025-09-23 Jinbao Wang , Jun Liu , Shiliang Zhang , Xuehui Ma

To ensure the smooth and near optimal operation of storage and controllable generation in a grid with a high share of renewable energies, it is important to have accurate forecasts for load and generation. But even with the advanced…

Systems and Control · Computer Science 2019-02-06 Benjamin Matthiss , Arghavan Momenifarahani , Kay Ohnmeiss , Martin Felder

In order to enable the transition towards renewable energy sources, probabilistic energy forecasting is of critical importance for incorporating volatile power sources such as solar energy into the electrical grid. Solar energy forecasting…

Applications · Statistics 2021-05-03 Benedikt Schulz , Mehrez El Ayari , Sebastian Lerch , Sándor Baran

As a key component of power system production simulation, load forecasting is critical for the stable operation of power systems. Machine learning methods prevail in this field. However, the limited training data can be a challenge. This…

Systems and Control · Electrical Eng. & Systems 2024-12-18 Linna Xu , Yongli Zhu

With the widespread engineering applications ranging from artificial intelligence and big data decision-making, originally a lot of tedious financial data processing, processing and analysis have become more and more convenient and…

Computational Finance · Quantitative Finance 2019-02-26 Quanxi Wang

Electricity load consumption may be extremely complex in terms of profile patterns, as it depends on a wide range of human factors, and it is often correlated with several exogenous factors, such as the availability of renewable energy and…

Machine Learning · Computer Science 2025-02-03 Aleksei Kychkin , Georgios C. Chasparis

We describe a simple and succinct methodology to develop hourly auto-regressive moving average (ARMA) models to forecast power output from a photovoltaic solar generator. We illustrate how to build an ARMA model, to use statistical tests to…

Applications · Statistics 2018-09-12 Bismark Singh , David Pozo

The electricity consumption of buildings composes a major part of the city's energy consumption. Electricity consumption forecasting enables the development of home energy management systems resulting in the future design of more…

Machine Learning · Computer Science 2022-08-16 Farshad Ahmadi Asl , Mehmet Bodur

Probabilistic forecasts of renewable energy production provide users with valuable information about the uncertainty associated with the expected generation. Current state-of-the-art forecasts for solar irradiance have focused on producing…

Applications · Statistics 2013-10-28 Emil B. Iversen , Juan M. Morales , Jan K. Møller , Henrik Madsen

Reliable short horizon forecasting of solar and wind generation is a structural prerequisite of any modern power system yet most published forecasters are tuned and evaluated on a single climatic regime and most algorithmic novelty has been…

Computation and Language · Computer Science 2026-05-12 Pavan Manjunath , Thomas Prufer

Solar energy is one of the most economical and clean sustainable energy sources on the planet. However, the solar energy throughput is highly unpredictable due to its dependency on a plethora of conditions including weather, seasons, and…

Computers and Society · Computer Science 2019-02-21 Nirupam Bidikar , Kotoju Rajitha , P. Usha Supriya

The rapid expansion of renewable energy, particularly wind and solar power, has made reliable forecasting critical for power system operations. While recent deep learning models have achieved strong average accuracy, the increasing…

Machine Learning · Computer Science 2026-02-19 Zhi Sheng , Yuan Yuan , Guozhen Zhang , Yong Li

Accurate and reliable forecasting of photovoltaic (PV) power generation is crucial for grid operations, electricity markets, and energy planning, as solar systems now contribute a significant share of the electricity supply in many…

Applications · Statistics 2025-08-22 Martin János Mayer , Ágnes Baran , Sebastian Lerch , Nina Horat , Dazhi Yang , Sándor Baran

PV power forecasting models are predominantly based on machine learning algorithms which do not provide any insight into or explanation about their predictions (black boxes). Therefore, their direct implementation in environments where…

Applications · Statistics 2022-11-08 Georgios Mitrentsis , Hendrik Lens

Recent studies indicate that the effects of inter-annual climate-based variability in power system planning are significant and that long samples of demand & weather data (spanning multiple decades) should be considered. At the same time,…

Applications · Statistics 2019-05-30 Adriaan P Hilbers , David J Brayshaw , Axel Gandy

Renewable energy sources, such as wind and solar power, are increasingly being integrated into smart grid systems. However, when compared to traditional energy resources, the unpredictability of renewable energy generation poses significant…

Systems and Control · Electrical Eng. & Systems 2023-03-01 Arman Ghasemi , Amin Shojaeighadikolaei , Morteza Hashemi

We conduct the first comprehensive meta-analysis of deterministic solar forecasting based on skill score, screening 1,447 papers from Google Scholar and reviewing the full texts of 320 papers for data extraction. A database of 4,687 points…

Applications · Statistics 2023-04-13 Thi Ngoc Nguyen , Felix Müsgens

Inspired from recent insights into the common ground of machine learning, optimization and decision-making, this paper proposes an easy-to-implement, but effective procedure to enhance both the quality of renewable energy forecasts and the…

Optimization and Control · Mathematics 2020-01-17 Miguel Á. Muñoz , Juan M. Morales , Salvador Pineda

Electricity consumption forecasting has important implications for the mineral companies on guiding quarterly work, normal power system operation, and the management. However, electricity consumption prediction for the mineral company is…

Computer Vision and Pattern Recognition · Computer Science 2019-04-05 Youshan Zhang , Qi Li