Related papers: Enhancing Energy System Models Using Better Load F…
We are interested in the estimation and prediction of a parametric model on a short dataset upon which it is expected to overfit and perform badly. To overcome the lack of data (relatively to the dimension of the model) we propose the…
Electricity price signals in modern power systems exhibit complex dependence structures that render forecasting inherently challenging. Our analysis of real-world pricing signals from the California Independent System Operator (CAISO)…
The policy environment of countries changes rapidly, influencing macro-level indicators such as the Energy Security Index. However, this index is only reported annually, limiting its responsiveness to short-term fluctuations. To address…
Energy-based models (EBMs) offer a flexible framework for probabilistic modelling across various data domains. However, training EBMs on data in discrete or mixed state spaces poses significant challenges due to the lack of robust and fast…
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…
This work introduces the category of Power System Transition Planning optimization problem. It aims to shift power systems to emissions-free networks efficiently. Unlike comparable work, the framework presented here broadly applies to the…
This paper proposes a framework in which agents are constrained to use simple models to forecast economic variables and characterizes the resulting biases. It considers agents who can only entertain state-space models with no more than d…
Against the backdrop of increasingly severe global environmental changes, accurately predicting and meeting renewable energy demands has become a key challenge for sustainable business development. Traditional energy demand forecasting…
The power system of the future will be governed by complex interactions and non-linear phenomena at small time-scales, that should be studied more and more through computationally expensive software simulations. To solve the abovementioned…
This paper proposes a regression market for wind agents to monetize data traded among themselves for wind power forecasting. Existing literature on data markets often treats data disclosure as a binary choice or modulates the data quality…
In this paper, we consider the problem of developing predictive models with limited data for energy assets such as electricity loads, PV power generations, etc. We specifically investigate the cases where the amount of historical data is…
The ongoing process of smart grid digitalisation is increasing the volume of automated information exchange across distributed energy systems. This has driven the development of new information and data models when existing models fail to…
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…
The availability of weather data from remotely sensed Earth observation (EO) data has reduced the cost of including weather variables in econometric models. Weather variables are common instrumental variables used to predict economic…
Real-world time series often exhibit a non-stationary nature, degrading the performance of pre-trained forecasting models. Test-Time Adaptation (TTA) addresses this by adjusting models during inference, but existing methods typically update…
The widespread diffusion of electric mobility requires a contextual expansion of the charging infrastructure. An extended collection and processing of information regarding charging of electric vehicles may turn each electric vehicle…
The proliferation of small-scale renewable generators and price-responsive loads makes it a challenge for distribution network operators (DNOs) to schedule the controllable loads of the load aggregators and the generation of the generators…
An accurate load forecast is always important for the power industry and energy players as it enables stakeholders to make critical decisions. In addition, its importance is further increased with growing uncertainties in the generation…
Electricity price forecasting is a critical tool for the efficient operation of power systems and for supporting informed decision-making by market participants. This paper explores a novel methodology aimed at improving the accuracy of…
Accurate short-term energy consumption forecasting is essential for efficient power grid management, resource allocation, and market stability. Traditional time-series models often fail to capture the complex, non-linear dependencies and…