Related papers: Electricity consumption forecasting method based o…
Electricity consumption forecasting has vital importance for the energy planning of a country. Of the enabling machine learning models, support vector regression (SVR) has been widely used to set up forecasting models due to its superior…
China has made great achievements in electric power industry during the long-term deepening of reform and opening up. However, the complex regional economic, social and natural conditions, electricity resources are not evenly distributed,…
Middle-term horizon (months to a year) power consumption prediction is a main challenge in the energy sector, in particular when probabilistic forecasting is considered. We propose a new modelling approach that incorporates trend,…
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…
With the development of modern information technology (IT), a smart grid has become one of the major components of smart cities. To take full advantage of the smart grid, the capability of intelligent scheduling and planning of electricity…
Electricity consumption has increased exponentially during the past few decades. This increase is heavily burdening the electricity distributors. Therefore, predicting the future demand for electricity consumption will provide an upper hand…
In this paper, the annual growth rate of electricity consumption in China in the first 15 years of the 21st century is modeled using multiple linear regression. Historical data and trends of gross domestic product, fixed assets investment…
Accurate short-term energy consumption forecasting is essential for efficient power grid management, resource allocation, and market stability. Traditional time-series models often fail to capture the complex, non-linear dependencies and…
In the present study, a Particle Swarm Optimization (PSO) based Demand Response (DR) model, using Artificial Neural Network (ANN) to predict load is proposed. The electrical load and climatological data of a residential area in Austin city…
Power management is an expensive and important issue for large computational infrastructures such as datacenters, large clusters, and computational grids. However, measuring energy consumption of scalable systems may be impractical due to…
This project describes the electricity demand and energy consumption management system and its application to Southern Peru smelter. It is composed of an hourly demand-forecasting module and of a simulation component for a plant electrical…
Keeping the balance between electricity generation and consumption is becoming increasingly challenging and costly, mainly due to the rising share of renewables, electric vehicles and heat pumps and electrification of industrial processes.…
Due to imprecision and uncertainties in predicting real world problems, artificial neural network (ANN) techniques have become increasingly useful for modeling and optimization. This paper presents an artificial neural network approach for…
Accurate electricity price forecasting is critical for strategic decision-making in deregulated electricity markets, where volatility stems from complex supply-demand dynamics and external factors. Traditional point forecasts often fail to…
Deep learning is a machine learning approach that produces excellent performance in various applications, including natural language processing, image identification, and forecasting. Deep learning network performance depends on the…
In this paper, the process of forecasting household energy consumption is studied within the framework of the nonparametric Gaussian Process (GP), using multiple short time series data. As we begin to use smart meter data to paint a clearer…
The instability of power generation from national grids has led industries (e.g., telecommunication) to rely on plant generators to run their businesses. However, these secondary generators create additional challenges such as fuel leakages…
Probabilistic forecasting of power consumption in a middle-term horizon (months to a year) is a main challenge in the energy sector. It plays a key role in planning future generation plants and transmission grid. We propose a new model that…
This paper presents some considerations regarding the prediction of the electrical energy consumption. It is well known that the central element of a microeconomic analysis is represented by the economical agents actions, actions that…
We present a novel approach to probabilistic electricity price forecasting which utilizes distributional neural networks. The model structure is based on a deep neural network that contains a so-called probability layer. The network's…