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Forecasting time series data is an important subject in economics, business, and finance. Traditionally, there are several techniques to effectively forecast the next lag of time series data such as univariate Autoregressive (AR),…
Climate change is one of the most concerning issues of this century. Emission from electric power generation is a crucial factor that drives the concern to the next level. Renewable energy sources are widespread and available globally,…
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…
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…
A reliable forecast of inflows to the reservoir is a key factor in the optimal operation of reservoirs. Real-time operation of the reservoir based on forecasts of inflows can lead to substantial economic gains. However, the forecast of…
Machine learning (ML) has revolutionized medical prognostics by integrating advanced algorithms with clinical data to enhance disease prediction, risk assessment, and patient outcome forecasting. This comprehensive review critically…
Electricity load consumption may be extremely complex in terms of profile patterns, as it depends on a wide range of human factors, and it is often correlated with several exogenous factors, such as the availability of renewable energy and…
Extreme weather events, intensified by climate change, increasingly challenge aging combined sewer systems, raising the risk of untreated wastewater overflow. Accurate forecasting of sewer overflow basin filling levels can provide…
Non-neural Machine Learning (ML) and Deep Learning (DL) models are often used to predict system failures in the context of industrial maintenance. However, only a few researches jointly assess the effect of varying the amount of past data…
Short term electricity price forecast is essential in competitive power markets, yet electricity price series exhibit high volatility, irregularity, and non-stationarity. This phenomenon is pronounced in the South Australian region of the…
Electricity load forecasting plays an important role in the energy planning such as generation and distribution. However, the nonlinearity and dynamic uncertainties in the smart grid environment are the main obstacles in forecasting…
Supply chain resilience and efficiency are vital in industries characterized by volatile demand and uncertain supply, such as textiles and personal protective equipment (PPE). Traditional forecasting and optimization approaches often…
For short-term solar irradiance forecasting, the traditional point forecasting methods are rendered less useful due to the non-stationary characteristic of solar power. The amount of operating reserves required to maintain reliable…
Vehicle acceleration and deceleration maneuvers at traffic signals results in significant fuel and energy consumption levels. Green light optimal speed advisory systems require reliable estimates of signal switching times to improve vehicle…
Short-term load forecasting is a critical element of power systems energy management systems. In recent years, probabilistic load forecasting (PLF) has gained increased attention for its ability to provide uncertainty information that helps…
Accurate EV power estimation underpins range prediction and energy management, yet practitioners need both point accuracy and trustworthy uncertainty. We propose an anchored-ensemble Long Short-Term Memory (LSTM) with a Student-t likelihood…
Hydroelectricity, being a renewable source of energy, globally fulfills the electricity demand. Hence, Hydropower Plants (HPPs) have always been in the limelight of research. The fast-paced technological advancement is enabling us to…
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…
Short-term forecasting of residential and commercial building energy consumption is widely used in power systems and continues to grow in importance. Data-driven short-term load forecasting (STLF), although promising, has suffered from a…
Hydroelectricity is one of the renewable energy source, has been used for many years in Turkey. The production of hydraulic power plants based on water reservoirs varies based on different parameters. For this reason, the estimation of…