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The variability of renewable energy generation and the unpredictability of electricity demand create a need for real-time economic dispatch (ED) of assets in microgrids. However, solving numerical optimization problems in real-time can be…

Systems and Control · Electrical Eng. & Systems 2024-05-03 Xiaoyu Ge , Javad Khazaei

The paper describes the deep learning approach for forecasting non-stationary time series with using time trend correction in a neural network model. Along with the layers for predicting sales values, the neural network model includes a…

Machine Learning · Computer Science 2022-05-25 Bohdan M. Pavlyshenko

Wind power prediction is of vital importance in wind power utilization. There have been a lot of researches based on the time series of the wind power or speed, but In fact, these time series cannot express the temporal and spatial changes…

Machine Learning · Computer Science 2018-07-19 Ruiguo Yu , Zhiqiang Liu , Xuewei Li , Wenhuan Lu , Mei Yu , Jianrong Wang , Bin Li

This paper combines a techno-economic energy system model with an econometric model to maximise electricity price forecasting accuracy. The proposed combination model is tested on the German day-ahead wholesale electricity market. Our paper…

General Economics · Economics 2024-11-08 Souhir Ben Amor , Thomas Möbius , Felix Müsgens

Wind power forecasting plays a critical role in modern energy systems, facilitating the integration of renewable energy sources into the power grid. Accurate prediction of wind energy output is essential for managing the inherent…

Machine Learning · Computer Science 2024-12-18 Ali Forootani , Danial Esmaeili Aliabadi , Daniela Thraen

In this paper we apply a specific type ANNs - convolutional neural networks (CNNs) - to the problem of finding start and endpoints of trends, which are the optimal points for entering and leaving the market. We aim to explore long-term…

Statistical Finance · Quantitative Finance 2021-04-30 Ekaterina Zolotareva

Power grids are moving towards 100% renewable energy source bulk power grids, and the overall dynamics of power system operations and electricity markets are changing. The electricity markets are not only dispatching resources economically…

Machine Learning · Computer Science 2023-09-13 Milan Jain , Xueqing Sun , Sohom Datta , Abhishek Somani

Wind energy forecasting helps to manage power production, and hence, reduces energy cost. Deep Neural Networks (DNN) mimics hierarchical learning in the human brain and thus possesses hierarchical, distributed, and multi-task learning…

Machine Learning · Computer Science 2018-08-01 Asifullah Khan , Aneela Zameer , Tauseef Jamal , Ahmad Raza

Deep learning is an effective approach to solving image recognition problems. People draw intuitive conclusions from trading charts; this study uses the characteristics of deep learning to train computers in imitating this kind of intuition…

Computational Engineering, Finance, and Science · Computer Science 2018-01-10 Yun-Cheng Tsai , Jun-Hao Chen , Jun-Jie Wang

To overcome range anxiety problem of Electric Vehicles (EVs), an accurate real-time energy consumption estimation is necessary, which can be used to provide the EV's driver with information about the remaining range in real-time. A hybrid…

Signal Processing · Electrical Eng. & Systems 2021-04-22 Shatrughan Modi , Jhilik Bhattacharya , Prasenjit Basak

We show that deep convolutional neural networks (CNN) can massively outperform traditional densely-connected neural networks (both deep or shallow) in predicting eigenvalue problems in mechanics. In this sense, we strike out in a new…

Computational Physics · Physics 2018-07-19 David Finol , Yan Lu , Vijay Mahadevan , Ankit Srivastava

This invention addresses fixed-point representations of convolutional neural networks (CNN) in integrated circuits. When quantizing a CNN for a practical implementation there is a trade-off between the precision used for operations between…

Neural and Evolutionary Computing · Computer Science 2018-07-27 Mo'taz Al-Hami , Marcin Pietron , Rishi Kumar , Raul A. Casas , Samer L. Hijazi , Chris Rowen

Convolutional Neural Networks (CNNs) are a class of Artificial Neural Networks(ANNs) that employ the method of convolving input images with filter-kernels for object recognition and classification purposes. In this paper, we propose a…

Emerging Technologies · Computer Science 2018-08-20 Hengameh Bagherian , Scott Skirlo , Yichen Shen , Huaiyu Meng , Vladimir Ceperic , Marin Soljacic

We propose a multivariate elastic net regression forecast model for German quarter-hourly electricity spot markets. While the literature is diverse on day-ahead prediction approaches, both the intraday continuous and intraday call-auction…

Statistical Finance · Quantitative Finance 2018-11-22 Christopher Kath , Florian Ziel

The prediction of near surface wind speed is becoming increasingly vital for the operation of electrical energy grids as the capacity of installed wind power grows. The majority of predictive wind speed modeling has focused on point-based…

Machine Learning · Computer Science 2017-12-15 Jianan Cao , David J. Farnham , Upmanu Lall

Rising penetration levels of (residential) photovoltaic (PV) power as distributed energy resource pose a number of challenges to the electricity infrastructure. High quality, general tools to provide accurate forecasts of power production…

Machine Learning · Computer Science 2020-10-16 Elizaveta Kharlova , Daniel May , Petr Musilek

Training a practical and effective model for stock selection has been a greatly concerned problem in the field of artificial intelligence. Even though some of the models from previous works have achieved good performance in the U.S. market…

Computational Finance · Quantitative Finance 2019-11-07 Junming Yang , Yaoqi Li , Xuanyu Chen , Jiahang Cao , Kangkang Jiang

Price-based demand response (DR) of heating, ventilating, and air-conditioning (HVAC) systems is a challenging task, requiring comprehensive models to represent the building thermal dynamics and game theoretic interactions among…

Systems and Control · Electrical Eng. & Systems 2020-12-15 Youngjin Kim

Advancements in numerical weather prediction models have accelerated, fostering a more comprehensive understanding of physical phenomena pertaining to the dynamics of weather and related computing resources. Despite these advancements,…

Atmospheric and Oceanic Physics · Physics 2021-11-04 Alqamah Sayeed , Yunsoo Choi , Jia Jung , Yannic Lops , Ebrahim Eslami , Ahmed Khan Salman

The precise forecasting of electricity demand also referred to as load forecasting, is essential for both planning and managing a power system. It is crucial for many tasks, including choosing which power units to commit to, making plans…

Machine Learning · Computer Science 2024-06-12 Kazi Fuad Bin Akhter , Sadia Mobasshira , Saief Nowaz Haque , Mahjub Alam Khan Hesham , Tanvir Ahmed
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