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There is an opportunity in modern power systems to explore the demand flexibility by incentivizing consumers with dynamic prices. In this paper, we quantify demand flexibility using an efficient tool called time-varying elasticity, whose…

Machine Learning · Computer Science 2022-02-03 Guangchun Ruan , Daniel S. Kirschen , Haiwang Zhong , Qing Xia , Chongqing Kang

Long short-term memory (LSTM) based acoustic modeling methods have recently been shown to give state-of-the-art performance on some speech recognition tasks. To achieve a further performance improvement, in this research, deep extensions on…

Computation and Language · Computer Science 2015-05-12 Xiangang Li , Xihong Wu

Long Short-Term Memory (LSTM) networks, a type of recurrent neural network with a more complex computational unit, have been successfully applied to a variety of sequence modeling tasks. In this paper we develop Tree Long Short-Term Memory…

Computation and Language · Computer Science 2016-04-05 Xingxing Zhang , Liang Lu , Mirella Lapata

With the advent of Big Data, nowadays in many applications databases containing large quantities of similar time series are available. Forecasting time series in these domains with traditional univariate forecasting procedures leaves great…

Machine Learning · Computer Science 2018-09-13 Kasun Bandara , Christoph Bergmeir , Slawek Smyl

Solar-powered base stations are a promising approach to sustainable telecommunications infrastructure. However, the successful deployment of solar-powered base stations requires precise prediction of the energy harvested by photovoltaic…

Systems and Control · Electrical Eng. & Systems 2024-10-29 Yawen Guo , Sonia Naderi , Colleen Josephson

Satellite clock bias prediction plays a crucial role in enhancing the accuracy of satellite navigation systems. In this paper, we propose an approach utilizing Long Short-Term Memory (LSTM) networks to predict satellite clock bias. We…

Machine Learning · Computer Science 2024-11-12 Ahan Bhatt , Ishaan Mehta , Pravin Patidar

Streamflow forecasting is key to effectively managing water resources and preparing for the occurrence of natural calamities being exacerbated by climate change. Here we use the concept of fast and slow flow components to create a new…

Machine Learning · Computer Science 2021-07-14 Miguel Paredes Quiñones , Maciel Zortea , Leonardo S. A. Martins

Building an accurate load forecasting model with minimal underpredictions is vital to prevent any undesired power outages due to underproduction of electricity. However, the power consumption patterns of the residential sector contain…

Machine Learning · Computer Science 2023-02-23 Jihan Ghanim , Maha Issa , Mariette Awad

Electricity is a volatile power source that requires great planning and resource management for both short and long term. More specifically, in the short-term, accurate instant energy consumption forecasting contributes greatly to improve…

Artificial Intelligence · Computer Science 2022-07-05 Nuno Oliveira , Norberto Sousa , Isabel Praça

Internet of Things (IoT) devices in smart grids enable intelligent energy management for grid managers and personalized energy services for consumers. Investigating a smart grid with IoT devices requires a simulation framework with IoT…

Systems and Control · Electrical Eng. & Systems 2024-12-23 Bang Nguyen , Mayank Panwar , Rob Hovsapian , Yashodhan Agalgaonkar

As the number of electric vehicles (EVs) continues to grow, the demand for charging stations is also increasing, leading to challenges such as long wait times and insufficient infrastructure. High-precision forecasting of EV charging demand…

Systems and Control · Electrical Eng. & Systems 2025-02-25 Saba Sanami , Hesam Mosalli , Yu Yang , Hen-Geul Yeh , Amir G. Aghdam

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…

Machine Learning · Computer Science 2023-07-19 Adithya Ramachandran , Satyaki Chatterjee , Siming Bayer , Andreas Maier , Thorkil Flensmark

Detailed information about individual claims are completely ignored when insurance claims data are aggregated and structured in development triangles for loss reserving. In the hope of extracting predictive power from the individual claims…

Machine Learning · Computer Science 2022-02-01 Ihsan Chaoubi , Camille Besse , Hélène Cossette , Marie-Pier Côté

Accurate short-term solar and wind power predictions play an important role in the planning and operation of power systems. However, the short-term power prediction of renewable energy has always been considered a complex regression…

Systems and Control · Electrical Eng. & Systems 2022-02-08 Wenlong Liao , Birgitte Bak-Jensen , Jayakrishnan Radhakrishna Pillai , Zhe Yang , Kuangpu Liu

This paper is based on a machine learning project at the Norwegian University of Science and Technology, fall 2020. The project was initiated with a literature review on the latest developments within time-series forecasting methods in the…

Machine Learning · Computer Science 2021-05-17 Christian Bakke Vennerød , Adrian Kjærran , Erling Stray Bugge

Long Short-Term Memory Networks (LSTMs) have been applied to daily discharge prediction with remarkable success. Many practical scenarios, however, require predictions at more granular timescales. For instance, accurate prediction of short…

Machine Learning · Computer Science 2021-04-20 Martin Gauch , Frederik Kratzert , Daniel Klotz , Grey Nearing , Jimmy Lin , Sepp Hochreiter

Accurate prediction of electricity prices is crucial for stakeholders in the energy market, particularly for grid operators, energy producers, and consumers. This study focuses on developing a predictive model leveraging Long Short-Term…

Machine Learning · Computer Science 2025-10-21 Salih Salihoglu , Ibrahim Ahmed , Afshin Asadi

Electric consumption prediction methods are investigated for many reasons such as decision-making related to energy efficiency as well as for anticipating demand in the energy market dynamics. The objective of the present work is the…

Machine Learning · Computer Science 2023-10-20 Davi Guimarães da Silva , Anderson Alvarenga de Moura Meneses

This letter adopts long short-term memory(LSTM) to predict sea surface temperature(SST), which is the first attempt, to our knowledge, to use recurrent neural network to solve the problem of SST prediction, and to make one week and one…

Computer Vision and Pattern Recognition · Computer Science 2017-11-22 Qin Zhang , Hui Wang , Junyu Dong , Guoqiang Zhong , Xin Sun

Navigating the intricate landscape of financial markets requires adept forecasting of stock price movements. This paper delves into the potential of Long Short-Term Memory (LSTM) networks for predicting stock dynamics, with a focus on…

Trading and Market Microstructure · Quantitative Finance 2024-03-29 Nisarg Patel , Harmit Shah , Kishan Mewada