Related papers: Ensembling methods for countrywide short term fore…
Gas demand forecasting is a critical task for energy providers as it impacts on pipe reservation and stock planning. In this paper, the one-day-ahead forecasting of residential gas demand at country level is investigated by implementing and…
This work presents ensemble forecasting of monthly electricity demand using pattern similarity-based forecasting methods (PSFMs). PSFMs applied in this study include $k$-nearest neighbor model, fuzzy neighborhood model, kernel regression…
Future grid management systems will coordinate distributed production and storage resources to manage, in a cost effective fashion, the increased load and variability brought by the electrification of transportation and by a higher share of…
Estimation of the generated power of renewable energy resources is in general important for planning operations as well as demand balance and power quality. This paper addresses the problem of the estimation of the short-term (3-hour ahead)…
This study investigates the short-term forecasting of carbon emissions from electricity generation in the Italian power market. Using hourly data from 2021 to 2023, several statistical models and forecast combination methods are evaluated…
One of the primal challenges faced by utility companies is ensuring efficient supply with minimal greenhouse gas emissions. The advent of smart meters and smart grids provide an unprecedented advantage in realizing an optimised supply of…
The increasing use of renewable energy sources with variable output, such as solar photovoltaic and wind power generation, calls for Smart Grids that effectively manage flexible loads and energy storage. The ability to forecast consumption…
In the context of global energy strategy, accurate natural gas demand forecasting is crucial for ensuring efficient resource allocation and operational planning. Traditional forecasting methods struggle to cope with the growing complexity…
Hourly consumption from multiple providers displays pronounced intra-day, intra-week, and annual seasonalities, as well as strong cross-sectional correlations. We introduce a novel approach for forecasting high-dimensional U.S. electricity…
An accurate forecast of electric demand is essential for the optimal design of a generation system. For district installations, the projected lifespan may extend one or two decades. The reliance on a single-year forecast, combined with a…
Accurate mid-term (weeks to one year) hourly electricity load forecasts are essential for strategic decision-making in power plant operation, ensuring supply security and grid stability, planning and building energy storage systems, and…
We propose a new forecasting method for predicting load demand and generation scheduling. Accurate week-long forecasting of load demand and optimal power generation is critical for efficient operation of power grid systems. In this work, we…
Water demand is a highly important variable for operational control and decision making. Hence, the development of accurate forecasts is a valuable field of research to further improve the efficiency of water utilities. Focusing on…
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 problem of combining individual forecasters to produce a forecaster with improved performance is considered. The connections between probability elicitation and classification are used to pose the combining forecaster problem as that of…
The smart metering infrastructure has changed how electricity is measured in both residential and industrial application. The large amount of data collected by smart meter per day provides a huge potential for analytics to support the…
Regression algorithms are regularly used for improving the accuracy of satellite precipitation products. In this context, satellite precipitation and topography data are the predictor variables, and gauged-measured precipitation data are…
We consider the problem of power demand forecasting in residential micro-grids. Several approaches using ARMA models, support vector machines, and recurrent neural networks that perform one-step ahead predictions have been proposed in the…
Demand forecasting is a crucial component of demand management. While shortening the forecasting horizon allows for more recent data and less uncertainty, this frequently means lower data aggregation levels and a more significant data…
Many businesses and industries require accurate forecasts for weekly time series nowadays. However, the forecasting literature does not currently provide easy-to-use, automatic, reproducible and accurate approaches dedicated to this task.…