Related papers: Advanced Statistical Learning on Short Term Load P…
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…
Most electricity systems worldwide are deploying advanced metering infrastructures to collect relevant operational data. In particular, smart meters allow tracking electricity load consumption at a very disaggregated level and at high…
While the advanced machine learning algorithms are effective in load forecasting, they often suffer from low data utilization, and hence their superior performance relies on massive datasets. This motivates us to design machine learning…
Short-term forecasting of residential electricity demand is an important task for utilities. Yet, many small and medium-sized utilities still use simple forecasting approaches such as Synthesized Load Profiles, which treat residential…
Long-term load forecast (LTLF) for area distribution feeders is one of the most critical tasks frequently performed in electric distribution utility companies. For a specific planning area, cost-effective system upgrades can only be planned…
Load-forecasting problems have already been widely addressed with different approaches, granularities and objectives. Recent studies focus not only on deep learning methods but also on forecasting loads on single building level. This study…
Ensuring grid stability in the transition to renewable energy sources requires accurate power demand forecasting. This study addresses the need for precise forecasting by differentiating among industrial, commercial, and residential…
The rising integration of variable renewable energy sources (RES), like solar and wind power, introduces considerable uncertainty in grid operations and energy management. Effective forecasting models are essential for grid operators to…
Electricity demand forecasting is a well established research field. Usually this task is performed considering historical loads, weather forecasts, calendar information and known major events. Recently attention has been given on the…
Electrical utilities depend on short-term demand forecasting to proactively adjust production and distribution in anticipation of major variations. This systematic review analyzes 240 works published in scholarly journals between 2000 and…
The stock market prediction has always been crucial for stakeholders, traders and investors. We developed an ensemble Long Short Term Memory (LSTM) model that includes two-time frequencies (annual and daily parameters) in order to predict…
Short-term load prediction (STLP) is critical for modern power distribution system operations, particularly as demand and generation uncertainties grow with the integration of low-carbon technologies, such as electric vehicles and…
Electricity load forecasting enables the grid operators to optimally implement the smart grid's most essential features such as demand response and energy efficiency. Electricity demand profiles can vary drastically from one region to…
Appliance-level load forecasting plays a critical role in residential energy management, besides having significant importance for ancillary services performed by the utilities. In this paper, we propose to use an LSTM-based…
Load forecasting is a crucial topic in energy management systems (EMS) due to its vital role in optimizing energy scheduling and enabling more flexible and intelligent power grid systems. As a result, these systems allow power utility…
Predictive business process monitoring methods exploit logs of completed cases of a process in order to make predictions about running cases thereof. Existing methods in this space are tailor-made for specific prediction tasks. Moreover,…
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…
Precise and timely traffic flow prediction plays a critical role in developing intelligent transportation systems and has attracted considerable attention in recent decades. Despite the significant progress in this area brought by deep…
Accurate load forecasting is essential to the operation of modern electric power systems. Given the sensitivity of electricity demand to weather variability and temporal dynamics, capturing non-linear patterns is essential for long-term…
This paper presents a framework for processing EV charging load data in order to forecast future load predictions using a Recurrent Neural Network, specifically an LSTM. The framework processes a large set of raw data from multiple…