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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…

Applications · Statistics 2020-08-19 Grzegorz Marcjasz , Jesus Lago , Rafał Weron

Accurate load forecasting is crucial for maintaining the power balance between generators and consumers,particularly with the increasing integration of renewable energy sources, which introduce significant intermittent volatility. With the…

Systems and Control · Electrical Eng. & Systems 2024-09-04 Mingyang Gao , Suyang Zhou , Wei Gu , Zhi Wu , Haiquan Liu , Aihua Zhou

Graph Neural Networks (GNN) have recently gained popularity in the forecasting domain due to their ability to model complex spatial and temporal patterns in tasks such as traffic forecasting and region-based demand forecasting. Most of…

Machine Learning · Computer Science 2023-12-08 Abishek Sriramulu , Nicolas Fourrier , Christoph Bergmeir

The increasing use of renewable energy sources with variable output, such as solar photovoltaic and wind power generation, calls for Smart Grids that effectively manage flexible loads and energy storage. The ability to forecast consumption…

Machine Learning · Computer Science 2014-04-02 Andreas Veit , Christoph Goebel , Rohit Tidke , Christoph Doblander , Hans-Arno Jacobsen

Artificial intelligence (AI) has acquired notorious relevance in modern computing as it effectively solves complex tasks traditionally done by humans. AI provides methods to represent and infer knowledge, efficiently manipulate texts and…

Information Retrieval · Computer Science 2024-01-23 José de la Torre-López , Aurora Ramírez , José Raúl Romero

In this study, we delve into the realm of meta-learning to combine point base forecasts for probabilistic short-term electricity demand forecasting. Our approach encompasses the utilization of quantile linear regression, quantile regression…

Machine Learning · Computer Science 2024-06-18 Grzegorz Dudek

Electric load is simultaneously affected across multiple time scales by exogenous factors such as weather and calendar rhythms, sudden events, and policies. Therefore, this paper proposes GRAFT (GRid-Aware Forecasting with Text), which…

Machine Learning · Computer Science 2026-04-07 Fangzhou Lin , Guoshun He , Zhenyu Guo , Zhe Huang , Jinsong Tao

Automated machine learning techniques benefited from tremendous research progress in recently. These developments and the continuous-growing demand for machine learning experts led to the development of numerous AutoML tools. However, these…

Machine Learning · Computer Science 2021-06-15 Alexandru-Ionut Imbrea

Distribution feeder long-term load forecast (LTLF) is a critical task many electric utility companies perform on an annual basis. The goal of this task is to forecast the annual load of distribution feeders. The previous top-down and…

Machine Learning · Computer Science 2020-07-02 Ming Dong , L. S. Grumbach

Machine learning for time-series forecasting remains a key area of research. Despite successful application of many machine learning techniques, relating computational efficiency to forecast error remains an under-explored domain. This…

Machine Learning · Computer Science 2023-09-28 Elin Törnquist , Wagner Costa Santos , Timothy Pogue , Nicholas Wingle , Robert A. Caulk

This paper conducts research on the short-term electric load forecast method under the background of big data. It builds a new electric load forecast model based on Deep Auto-Encoder Networks (DAENs), which takes into account…

Signal Processing · Electrical Eng. & Systems 2019-07-23 Xin Shi

The precise estimation of resource usage is a complex and challenging issue due to the high variability and dimensionality of heterogeneous service types and dynamic workloads. Over the last few years, the prediction of resource usage and…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-07 Deepika Saxena , Jitendra Kumar , Ashutosh Kumar Singh , Stefan Schmid

Accurate short-term state forecasting is essential for efficient and stable operation of modern power systems, especially in the context of increasing variability introduced by renewable and distributed energy resources. As these systems…

Machine Learning · Computer Science 2026-05-13 Raffael Theiler , Olga Fink

In this report, we review the current state of methodologies to forecast the arrival of artificial general intelligence, assess their reliability, and analyze the implications for strategy and policy. We synthesize diverse forecasting…

Computers and Society · Computer Science 2026-04-28 Gopal P. Sarma , Sunny D. Bhatt , Michael Jacob , Rachel Steratore

Novel applications of artificial intelligence for tuning the parameters of industrial machines for optimal performance are emerging at a fast pace. Tuning the combine harvesters and improving the machine performance can dramatically…

Signal Processing · Electrical Eng. & Systems 2020-02-26 Laszlo Nadai , Felde Imre , Sina Ardabili , Tarahom Mesri Gundoshmian , Pinter Gergo , Amir Mosavi

The present document delineates the analysis, design, implementation, and benchmarking of various neural network architectures within a short-term frequency prediction system for the foreign exchange market (FOREX). Our aim is to simulate…

Mathematical Finance · Quantitative Finance 2024-05-15 Theodoros Zafeiriou , Dimitris Kalles

Load forecasting is crucial for multiple energy management tasks such as scheduling generation capacity, planning supply and demand, and minimizing energy trade costs. Such relevance has increased even more in recent years due to the…

Machine Learning · Computer Science 2024-08-16 Verónica Álvarez , Santiago Mazuelas , José A. Lozano

The increasing global demand for clean and environmentally friendly energy resources has caused increased interest in harnessing solar power through photovoltaic (PV) systems for smart grids and homes. However, the inherent unpredictability…

Machine Learning · Computer Science 2023-10-24 Saman Soleymani , Shima Mohammadzadeh

Electricity is difficult to store, except at prohibitive cost, and therefore the balance between generation and load must be maintained at all times. Electricity is traditionally managed by anticipating demand and intermittent production…

Machine Learning · Computer Science 2024-09-26 Julie Keisler , Margaux Bregere

This paper presents a comprehensive survey of AI-driven mini-grid solutions aimed at enhancing sustainable energy access. It emphasises the potential of mini-grids, which can operate independently or in conjunction with national power…

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