Related papers: Daily peak electrical load forecasting with a mult…
The increasing penetration of renewable energy sources introduces significant challenges to power grid stability, primarily due to their inherent variability. A new opportunity for grid operation is the smart integration of electricity…
Extreme weather variations and the increasing unpredictability of load behavior make it difficult to determine power grid dispatches that are robust to uncertainties. While machine learning (ML) methods have improved the ability to model…
Recent advancements in the fields of artificial intelligence and machine learning methods resulted in a significant increase of their popularity in the literature, including electricity price forecasting. Said methods cover a very broad…
Demand response (DR), as one of the important energy resources in the future's grid, provides the services of peak shaving, enhancing the efficiency of renewable energy utilization with a short response period, and low cost. Various…
In recent years, developments in plug in hybrid electric vehicles have provided various environmental and economic advantages. In the future smart grids, electric vehicles are seen as an important means of transportation to reduce…
The emergence of distributed energy resources has led to new challenges in the operation and planning of power networks. Of particular significance is the introduction of a new layer of complexity that manifests in the form of new…
In this article, a multiple split method is proposed that enables construction of multidimensional probabilistic forecasts of a selected set of variables. The method uses repeated resampling to estimate uncertainty of simultaneous…
With the growing popularity of electric vehicles as a means of addressing climate change, concerns have emerged regarding their impact on electric grid management. As a result, predicting EV charging demand has become a timely and important…
Charging demands of electric vehicles (EVs) are sharply increasing due to the rapid development of EVs. Hence, reliable and convenient quick charge stations are required to respond to the needs of EV drivers. Due to the uncertainty of EV…
Probabilistic load forecasting (PLF) is a key component in the extended tool-chain required for efficient management of smart energy grids. Neural networks are widely considered to achieve improved prediction performances, supporting highly…
Distributed renewable energy resources have attracted significant attention in recent years due to the falling cost of the renewable energy technology, extensive federal and state incentives, and the application in improving load-point…
The cost of the power distribution infrastructures is driven by the peak power encountered in the system. Therefore, the distribution network operators consider billing consumers behind a common transformer in the function of their peak…
Because of increasing amounts of intermittent and distributed generators in power systems, many demand response programs have been developed to schedule flexible energy consumption. However, proper benchmarks for comparing these methods are…
Regulators and utilities have been exploring hourly retail electricity pricing, with several existing programs providing day-ahead hourly pricing schedules. At the same time, customers are deploying distributed energy resources and smart…
This paper addresses the problem of management and coordination of energy resources in a typical microgrid, including smart buildings as flexible loads, energy storages, and renewables. The overall goal is to provide a comprehensive and…
Demand response (DR) leverages demand-side flexibility, offering a promising approach to enhance market conditions like mitigating wholesale price spikes. However, poorly chosen DR locations can inadvertently increase electricity prices.…
In this paper a model is developed to solve the on/off scheduling of (non-linear) dynamic electric loads based on predictions of the power delivery of a (standalone) solar power source. Knowledge of variations in the solar power output is…
Electrified heating systems with thermal storage, such as electric boilers and heat pumps, represent a major source of demand-side flexibility. Under current electricity market designs, balance responsible parties (BRPs) operating such…
Undoubtedly, the increase of available data and competitive machine learning algorithms has boosted the popularity of data-driven modeling in energy systems. Applications are forecasts for renewable energy generation and energy consumption.…
A number of governments and organizations around the world agree that the first step to address national and international problems such as energy independence, global warming or emergency resilience, is the redesign of electricity…