Related papers: Artificial Intelligence and Statistical Techniques…
This paper presents an extensive study on the application of AI techniques for software effort estimation in the past five years from 2017 to 2023. By overcoming the limitations of traditional methods, the study aims to improve accuracy and…
In this paper, we propose a new short-term load forecasting (STLF) model based on contextually enhanced hybrid and hierarchical architecture combining exponential smoothing (ES) and a recurrent neural network (RNN). The model is composed of…
Short-term load forecasting (STLF) is vital for the effective and economic operation of power grids and energy markets. However, the non-linearity and non-stationarity of electricity demand as well as its dependency on various external…
With the rise of time-of-use and tiered electricity pricing, energy consumers are encouraged to adopt peak-shifting strategies by automatically controlling high-power appliances. These help lower energy costs while enhancing the power…
Real-time monitoring of power consumption in cities and micro-grids through the Internet of Things (IoT) can help forecast future demand and optimize grid operations. But moving all consumer-level usage data to the cloud for predictions and…
Accurate energy consumption prediction is crucial for optimizing the operation of electric commercial heavy-duty vehicles, e.g., route planning for charging. Moreover, understanding why certain predictions are cast is paramount for such a…
As a result of the greater availability of big data, as well as the decreasing costs and increasing power of modern computing, the use of artificial neural networks for financial time series forecasting is once again a major topic of…
Recent developments related to the energy transition pose particular challenges for distribution grids. Hence, precise load forecasts become more and more important for effective grid management. Novel modeling approaches such as the…
As the volatility of electricity demand increases owing to climate change and electrification, the importance of accurate peak load forecasting is increasing. Traditional peak load forecasting has been conducted through time series-based…
The rapid advancement of models based on artificial intelligence demands innovative monitoring techniques which can operate in real time with low computational costs. In machine learning, especially if we consider artificial neural networks…
Forecasting electricity demand is increasingly challenging as energy systems become more decentralized and intertwined with renewable sources. Graph Neural Networks (GNNs) have recently emerged as a powerful paradigm to model spatial…
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…
Power load forecast with Machine Learning is a fairly mature application of artificial intelligence and it is indispensable in operation, control and planning. Data selection techniqies have been hardly used in this application. However,…
The key component in forecasting demand and consumption of resources in a supply network is an accurate prediction of real-valued time series. Indeed, both service interruptions and resource waste can be reduced with the implementation of…
Calibration sample selection and forecast combination are two simple yet powerful tools used in forecasting. They can be combined with a variety of models to significantly improve prediction accuracy, at the same time offering easy…
Assessing the effects of the energy transition and liberalization of energy markets on resource adequacy is an increasingly important and demanding task. The rising complexity in energy systems requires adequate methods for energy system…
Short-term load forecasting (STLF) is a challenging problem due to the complex nature of the time series expressing multiple seasonality and varying variance. This paper proposes an extension of a hybrid forecasting model combining…
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…
Scientific and technological advances in numerical modelling have improved the quality of climate predictions over recent decades, but predictive skill remains limited in many aspects. Extreme events such as heat and cold waves, droughts,…
The increasing deployment of end use power resources in distribution systems created active distribution systems. Uncontrolled active distribution systems exhibit wide variations of voltage and loading throughout the day as some of these…