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Electricity price forecasting has become a critical tool for decision-making in energy markets, particularly as the increasing penetration of renewable energy introduces greater volatility and uncertainty. Historically, research in this…

Statistical Finance · Quantitative Finance 2025-11-11 Ciaran O'Connor , Mohamed Bahloul , Steven Prestwich , Andrea Visentin

Urban areas consist of a mix of households and services, such as offices, shops, schools, etc. Yet most urban energy models only consider household load profiles, omitting the service sector. Realistic assessment of the potential for…

Optimization and Control · Mathematics 2017-09-29 Nina Voulis , Martijn Warnier , Frances M. T. Brazier

In the last decade, extended efforts have been poured into energy efficiency. Several energy consumption datasets were henceforth published, with each dataset varying in properties, uses and limitations. For instance, building energy…

Computers and Society · Computer Science 2020-09-18 Yassine Himeur , Abdullah Alsalemi , Faycal Bensaali , Abbes Amira

Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…

Physics and Society · Physics 2014-10-09 Stefan Weitemeyer , David Kleinhans , Thomas Vogt , Carsten Agert

The ICT industry today is placed as one of the major consumers of energy, where recent reports have also shown that the industry is a major contributor to global carbon emissions. While renewable energy-aware data centers have been…

Networking and Internet Architecture · Computer Science 2014-12-22 Julien Mineraud , Liang Wang , Sasitharan Balasubramaniam , Jussi Kangasharju

Renewable energy sources, such as wind and solar power, are increasingly being integrated into smart grid systems. However, when compared to traditional energy resources, the unpredictability of renewable energy generation poses significant…

Systems and Control · Electrical Eng. & Systems 2023-03-01 Arman Ghasemi , Amin Shojaeighadikolaei , Morteza Hashemi

Energy is a critical driver of modern economic systems. Accurate energy price forecasting plays an important role in supporting decision-making at various levels, from operational purchasing decisions at individual business organizations to…

Machine Learning · Computer Science 2024-11-07 Alexandru-Victor Andrei , Georg Velev , Filip-Mihai Toma , Daniel Traian Pele , Stefan Lessmann

Energy forecasting has attracted enormous attention over the last few decades, with novel proposals related to the use of heterogeneous data sources, probabilistic forecasting, online learn-ing, etc. A key aspect that emerged is that…

Applications · Statistics 2022-04-05 Pierre Pinson , Liyang Han , Jalal Kazempour

In the evolving power system, where new renewable resources continually displace conventional generation, conventional hydropower resources can be an important asset that helps to maintain reliability and flexibility. Varying climatic…

Systems and Control · Electrical Eng. & Systems 2023-11-07 Bhaskar Mitra , Sohom Datta , Slaven Kincic , Nader Samaan , Abhishek Somani

Renewable energy systems are an increasingly popular way to generate electricity. As with any new technological paradigm, new challenges have emerged which are unique to the utilization of renewable energy systems. One of these challenges…

Computers and Society · Computer Science 2015-02-13 Nikolas Wolfe

To reduce greenhouse gas emissions, many countries plan to massively expand wind power and solar photovoltaic capacities. These variable renewable energy sources require additional flexibility in the power sector. Both geographical…

General Economics · Economics 2023-07-13 Alexander Roth , Wolf-Peter Schill

Wind power plays an increasingly significant role in achieving the 2050 Net Zero Strategy. Despite its rapid growth, its inherent variability presents challenges in forecasting. Accurately forecasting wind power generation is one key demand…

Applications · Statistics 2025-05-13 Tao Shen , Jethro Browell , Daniela Castro-Camilo

Optimal implementation and monitoring of wind energy generation hinge on reliable power modeling that is vital for understanding turbine control, farm operational optimization, and grid load balance. Based on the idea of similar wind…

Machine Learning · Computer Science 2022-04-05 Hao Chen

Scenario-based probabilistic forecasts have become vital for decision-makers in handling intermittent renewable energies. This paper presents a recent promising deep learning generative approach called denoising diffusion probabilistic…

Machine Learning · Computer Science 2023-08-22 Esteban Hernandez Capel , Jonathan Dumas

In the last decades wind power became the second largest energy source in the EU covering 16% of its electricity demand. However, due to its volatility, accurate short range wind power predictions are required for successful integration of…

Applications · Statistics 2022-06-22 Sándor Baran , Ágnes Baran

Power systems are equipment and data intensive. In todays big data era, a large amount of data is being generated from power system equipment via various inspection and testing activities. The industry is encouraged to make optimal…

Signal Processing · Electrical Eng. & Systems 2020-09-15 M. Martin , F. Liu , J. Sun , K. Fiske , M. Sagin , J. Shackleford , N. Hellerstein , V. Chong

Decentralized energy management is of paramount importance in smart microgrids with renewables for various reasons including environmental friendliness, reduced communication overhead, and resilience to failures. In this context, the…

Optimization and Control · Mathematics 2014-01-24 Yu Zhang , Georgios B. Giannakis

Energy systems generate vast amounts of data in extremely short time intervals, creating challenges for efficient data management. Traditional data management methods often struggle with scalability and accessibility, limiting their…

Databases · Computer Science 2025-07-28 Lunodzo J. Mwinuka , Massimo Cafaro , Lucas Pereira , Hugo Morais

Wind energy has emerged as a highly promising source of renewable energy in recent times. However, wind turbines regularly suffer from operational inconsistencies, leading to significant costs and challenges in operations and maintenance…

Artificial Intelligence · Computer Science 2022-04-06 Joyjit Chatterjee , Nina Dethlefs

Wind power forecasting plays a critical role in modern energy systems, facilitating the integration of renewable energy sources into the power grid. Accurate prediction of wind energy output is essential for managing the inherent…

Machine Learning · Computer Science 2024-12-18 Ali Forootani , Danial Esmaeili Aliabadi , Daniela Thraen
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