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Short-term electricity price forecasting has become important for demand side management and power generation scheduling. Especially as the electricity market becomes more competitive, a more accurate price prediction than the day-ahead…

Signal Processing · Electrical Eng. & Systems 2018-02-26 Zhongyang Zhao , Caisheng Wang , Matthew Nokleby , Carol Miller

Electric vehicles (EVs) have the potential to reduce grid stress through smart charging strategies while simultaneously meeting user demand. This requires accurate forecasts of key charging parameters, such as energy demand and connection…

Systems and Control · Electrical Eng. & Systems 2025-08-26 Parnian Alikhani , Nico Brinkel , Wouter Schram , Ioannis Lampropoulos , Wilfried van Sark

This study proposes a novel framework for long-term electricity demand prediction based solely on historical consumption data, without relying on external variables such as temperature or economic indicators. The method combines…

Machine Learning · Computer Science 2025-03-31 Toma Masaki , Kanta Tachibana

Currently, the issue that concerns the world leaders most is climate change for its effect on agriculture, environment and economies of daily life. So, to combat this, temperature prediction with strong accuracy is vital. So far, the most…

Machine Learning · Computer Science 2023-09-26 Wasiou Jaharabi , MD Ibrahim Al Hossain , Rownak Tahmid , Md. Zuhayer Islam , T. M. Saad Rayhan

Accurate forecasting of electric vehicle (EV) charging demand is critical for grid management and infrastructure planning. Yet the field continues to rely on legacy benchmarks; such as the Palo Alto (2020) dataset; that fail to reflect the…

Applications · Statistics 2026-04-23 Kaoutar Bouaachra , Yvenn Amara-Ouali , Yannig Goude , Raphaël Lachieze-Rey

Battery energy storage systems can be used for peak demand reduction in power systems, leading to significant economic benefits. Two practical challenges are 1) accurately determining the peak load days and hours and 2) quantifying and…

Machine Learning · Computer Science 2022-03-29 Tao Fu , Huifen Zhou , Xu Ma , Z. Jason Hou , Di Wu

We present a novel framework for high-resolution forecasting of residential heating demand and non-heating electricity demand using probabilistic deep learning models. Because our models are trained on electricity consumption from a…

General Economics · Economics 2026-05-12 Stephen J. Lee , Cailinn Drouin

Short term load forecasts will play a key role in the implementation of smart electricity grids. They are required to optimise a wide range of potential network solutions on the low voltage (LV) grid, including integrating low carbon…

Applications · Statistics 2019-10-17 Stephen Haben , Georgios Giasemidis , Florian Ziel , Siddharth Arora

Farmers in developing regions like Karnataka, India, face a dual challenge: navigating extreme market and climate volatility while being excluded from the digital revolution due to literacy barriers. This paper presents a novel decision…

Machine Learning · Computer Science 2025-07-15 Niranjan Mallikarjun Sindhur , Pavithra C , Nivya Muchikel

We propose a novel machine learning approach for probabilistic forecasting of hourly day-ahead electricity prices. In contrast with the recent advances in data-rich probabilistic forecasting, which approximates distributions with few…

General Economics · Economics 2025-07-04 Jozef Barunik , Lubos Hanus

We present an online stochastic model predictive control framework for demand charge management for a grid-connected consumer with attached electrical energy storage. The consumer we consider must satisfy an inflexible but stochastic…

Systems and Control · Electrical Eng. & Systems 2020-07-07 Benjamin Flamm , Guillermo Ramos , Annika Eichler , John Lygeros

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…

Systems and Control · Electrical Eng. & Systems 2026-02-20 Alessandro Quattrociocchi , Manisha Talukdar , Pere Izquierdo Gómez , Tomislav Dragicevic

Accurate photovoltaic (PV) power forecasting is critical for integrating renewable energy sources into the grid, optimizing real-time energy management, and ensuring energy reliability amidst increasing demand. However, existing models…

Machine Learning · Computer Science 2025-05-08 Guang Wu , Yun Wang , Qian Zhou , Ziyang Zhang

This research systematically develops and evaluates various hybrid modeling approaches by combining traditional econometric models (ARIMA and ARFIMA models) with machine learning and deep learning techniques (SVM, XGBoost, and LSTM models)…

Trading and Market Microstructure · Quantitative Finance 2025-05-27 Dominik Stempień , Robert Ślepaczuk

Accurate EV power estimation underpins range prediction and energy management, yet practitioners need both point accuracy and trustworthy uncertainty. We propose an anchored-ensemble Long Short-Term Memory (LSTM) with a Student-t likelihood…

Machine Learning · Computer Science 2025-11-11 Ghazal Farhani , Taufiq Rahman , Kieran Humphries

Present energy demand and modernization are leading to greater fossil fuel consumption, which has increased environmental pollution and led to climate change. Hence to decrease dependency on conventional energy sources, renewable energy…

Systems and Control · Electrical Eng. & Systems 2023-11-20 Manas Ranjan Mohapatra , Rahul Radhakrishnan , Raj Mani Shukla

Reliable wind turbine power prediction is imperative to the planning, scheduling and control of wind energy farms for stable power production. In recent years Machine Learning (ML) methods have been successfully applied in a wide range of…

Short-term industrial enterprises power system forecasting is an important issue for both load control and machine protection. Scientists focus on load forecasting but ignore other valuable electric-meters which should provide guidance of…

Machine Learning · Computer Science 2024-06-04 Xiaoqiao Chen

Many applications in different domains produce large amount of time series data. Making accurate forecasting is critical for many decision makers. Various time series forecasting methods exist which use linear and nonlinear models…

Machine Learning · Computer Science 2019-07-19 Ümit Çavuş Büyükşahin , Şeyda Ertekin

This paper exploits the Duration-of-Use of the demand patterns as a key concept for dealing with demand side flexibility. Starting from the consideration that fine-grained energy metering is not used at the point of supply of the…

Systems and Control · Electrical Eng. & Systems 2020-04-21 Gianfranco Chicco , Andrea Mazza