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Transmission system operators have a growing need for more accurate forecasting of electricity demand. Current electricity systems largely require demand forecasting so that the electricity market establishes electricity prices as well as…

Machine Learning · Computer Science 2024-04-02 Oscar Trull , J. Carlos García-Díaz , Angel Peiró-Signes

Elasticity is one of the key features of cloud computing that attracts many SaaS providers to minimize their services' cost. Cost is minimized by automatically provision and release computational resources depend on actual computational…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-01-13 Ashraf A. Shahin

Privacy is important when dealing with sensitive personal information in machine learning models, which require large data sets for training. In the energy field, access to household prosumer energy data is crucial for energy predictions to…

Machine Learning · Computer Science 2023-09-20 Viorica Chifu , Tudor Cioara , Cristian Anitiei , Cristina Pop , Ionut Anghel

A novel hybrid data-driven approach is developed for forecasting power system parameters with the goal of increasing the efficiency of short-term forecasting studies for non-stationary time-series. The proposed approach is based on mode…

Machine Learning · Computer Science 2014-04-10 Victor Kurbatsky , Nikita Tomin , Vadim Spiryaev , Paul Leahy , Denis Sidorov , Alexei Zhukov

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…

Neural and Evolutionary Computing · Computer Science 2022-09-16 Yukun Bao , Liang Shen , Xiaoyuan Zhang , Yanmei Huang , Changrui Deng

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

Optimisation-based algorithms known as Moving Horizon Estimator (MHE) have been developed through the years. This paper illustrates the implementation of the policy introduced in the companion paper submitted to the 18th IFAC Workshop on…

Optimization and Control · Mathematics 2022-04-21 Federico Oliva , Daniele Carnevale

Seasonal climate variations affect electricity demand, which in turn affects month-to-month electricity planning and operations. Electricity system planning at the monthly timescale can be improved by adapting climate forecasts to estimate…

Systems and Control · Electrical Eng. & Systems 2019-11-12 A. R. de Queiroz , D. Mulcahy , A. Sankarasubramanian , J. P. Deane , G. Mahinthakumar , N. Lu , J. F. DeCarolis

Measuring the performance of solar energy and heat transfer systems requires a lot of time, economic cost and manpower. Meanwhile, directly predicting their performance is challenging due to the complicated internal structures. Fortunately,…

Artificial Intelligence · Computer Science 2017-10-09 Hao Li , Zhijian Liu

Precise day-ahead forecasts for electricity prices are crucial to ensure efficient portfolio management, support strategic decision-making for power plant operations, enable efficient battery storage optimization, and facilitate demand…

Machine Learning · Computer Science 2026-03-31 Btissame El Mahtout , Florian Ziel

To fully exploit the benefits of the fog environment, efficient management of data locality is crucial. Blind or reactive data replication falls short in harnessing the potential of fog computing, necessitating more advanced techniques for…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-20 Emil Balitzki , Tobias Pfandzelter , David Bermbach

Simple exponential smoothing is widely used in forecasting economic time series. This is because it is quick to compute and it generally delivers accurate forecasts. On the other hand, its multivariate version has received little attention…

Computation · Statistics 2021-03-17 Federico Poloni , Giacomo Sbrana

Short-Term Load Forecasting (STLF) is a fundamental component in the efficient management of power systems, which has been studied intensively over the past 50 years. The emerging development of smart grid technologies is posing new…

Optimization and Control · Mathematics 2017-02-28 The-Hien Dang-Ha , Filippo Maria Bianchi , Roland Olsson

Numerous methods have been proposed for forecasting load for normal days. Modeling of anomalous load, however, has often been ignored in the research literature. Occurring on special days, such as public holidays, anomalous load conditions…

Applications · Statistics 2016-11-18 Siddharth Arora , James W. Taylor

This paper deals with the problem of the electricity consumption forecasting method. An MPSO-BP (modified particle swarm optimization-back propagation) neural network model is constructed based on the history data of a mineral company of…

Neural and Evolutionary Computing · Computer Science 2018-10-23 Youshan Zhang , Liangdong Guo , Qi Li , Junhui Li

The Optimal Power Flow (OPF) problem is pivotal for power system operations, guiding generator output and power distribution to meet demand at minimized costs, while adhering to physical and engineering constraints. The integration of…

Machine Learning · Computer Science 2023-11-27 Chen Li , Alexander Kies , Kai Zhou , Markus Schlott , Omar El Sayed , Mariia Bilousova , Horst Stoecker

A novel methodology for short-term energy forecasting using an Extreme Learning Machine ($\mathtt{ELM}$) is proposed. Using six years of hourly data collected in Corsica (France) from multiple energy sources (solar, wind, hydro, thermal,…

Mid-term electricity load forecasting (LF) plays a critical role in power system planning and operation. To address the issue of error accumulation and transfer during the operation of existing LF models, a novel model called error…

Machine Learning · Computer Science 2023-06-21 Liping Zhang , Di Wu , Xin Luo

The flexibility in electricity consumption and production in communities of residential buildings, including those with renewable energy sources and energy storage (a.k.a., prosumers), can effectively be utilized through the advancement of…

Machine Learning · Computer Science 2024-02-22 Aleksei Kychkin , Georgios C. Chasparis

We revisit the interest of classical statistical techniques for sales forecasting like exponential smoothing and extensions thereof (as Holt's linear trend method). We do so by considering ensemble forecasts, given by several instances of…

Applications · Statistics 2020-06-08 Malo Huard , Rémy Garnier , Gilles Stoltz
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