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Short-term load forecasting is one of the crucial sections in smart grid. Precise forecasting enables system operators to make reliable unit commitment and power dispatching decisions. With the advent of big data, a number of artificial…

Signal Processing · Electrical Eng. & Systems 2018-09-27 Tiantian Li , Bo Wang , Min Zhou , Junzo Watada

Generating accurate and reliable sales forecasts is crucial in the E-commerce business. The current state-of-the-art techniques are typically univariate methods, which produce forecasts considering only the historical sales data of a single…

Machine Learning · Computer Science 2019-08-13 Kasun Bandara , Peibei Shi , Christoph Bergmeir , Hansika Hewamalage , Quoc Tran , Brian Seaman

Accurate forecasts of electricity prices are crucial for the management of electric power systems and the development of smart applications. European electricity prices have risen substantially and became highly volatile after the Russian…

The rising integration of variable renewable energy sources (RES), like solar and wind power, introduces considerable uncertainty in grid operations and energy management. Effective forecasting models are essential for grid operators to…

Systems and Control · Electrical Eng. & Systems 2024-08-02 Jesus Silva-Rodriguez , Elias Raffoul , Xingpeng Li

This paper applies a recurrent neural network, the LSTM, to forecast inflation. This is an appealing model for time series as it processes each time step sequentially and explicitly learns dynamic dependencies. The paper also explores the…

Econometrics · Economics 2023-10-03 Livia Paranhos

Accurate load forecasting is critical for electricity market operations and other real-time decision-making tasks in power systems. This paper considers the short-term load forecasting (STLF) problem for residential customers within a…

Machine Learning · Computer Science 2021-11-24 Yuqi Zhou , Arun Sukumaran Nair , David Ganger , Abhinandan Tripathi , Chaitanya Baone , Hao Zhu

Short Term Load Forecast (STLF) is necessary for effective scheduling, operation optimization trading, and decision-making for electricity consumers. Modern and efficient machine learning methods are recalled nowadays to manage complicated…

Applications · Statistics 2021-10-20 Junjie Hu , Brenda López Cabrera , Awdesch Melzer

Because of their superior ability to preserve sequence information over time, Long Short-Term Memory (LSTM) networks, a type of recurrent neural network with a more complex computational unit, have obtained strong results on a variety of…

Computation and Language · Computer Science 2015-06-02 Kai Sheng Tai , Richard Socher , Christopher D. Manning

We describe a method for proactive information retrieval targeted at retrieving relevant information during a writing task. In our method, the current task and the needs of the user are estimated, and the potential next steps are…

Information Retrieval · Computer Science 2016-06-21 Petri Luukkonen , Markus Koskela , Patrik Floréen

The emergence of Long Short-Term Memory (LSTM) solves the problems of vanishing gradient and exploding gradient in traditional Recurrent Neural Networks (RNN). LSTM, as a new type of RNN, has been widely used in various fields, such as text…

Machine Learning · Computer Science 2022-10-18 Sida Xing , Feihu Han , Suiyang Khoo

The real-time prediction of business processes using historical event data is an important capability of modern business process monitoring systems. Existing process prediction methods are able to also exploit the data perspective of…

Artificial Intelligence · Computer Science 2022-05-11 Marco Pegoraro , Merih Seran Uysal , David Benedikt Georgi , Wil M. P. van der Aalst

Accurate electricity forecasting is crucial for grid stability and energy planning, especially in Benghazi, Libya, where frequent load shedding, generation deficits, and infrastructure limitations persist. This study proposes a data-driven…

Machine Learning · Computer Science 2025-12-05 Asma Agaal , Mansour Essgaer , Hend M. Farkash , Zulaiha Ali Othman

This study presents the development and optimization of a deep learning model based on Long Short-Term Memory (LSTM) networks to predict short-term hourly electricity demand in C\'ordoba, Argentina. Integrating historical consumption data…

Signal Processing · Electrical Eng. & Systems 2025-09-25 Oscar A. Oviedo

Artificial neural networks (ANNs) have been the catalyst to numerous advances in a variety of fields and disciplines in recent years. Their impact on economics, however, has been comparatively muted. One type of ANN, the long short-term…

Econometrics · Economics 2021-06-17 Daniel Hopp

Traditional recurrent neural network architectures, such as long short-term memory neural networks (LSTM), have historically held a prominent role in time series forecasting (TSF) tasks. While the recently introduced sLSTM for Natural…

Machine Learning · Computer Science 2025-02-25 Yaxuan Kong , Zepu Wang , Yuqi Nie , Tian Zhou , Stefan Zohren , Yuxuan Liang , Peng Sun , Qingsong Wen

Most electricity systems worldwide are deploying advanced metering infrastructures to collect relevant operational data. In particular, smart meters allow tracking electricity load consumption at a very disaggregated level and at high…

Machine Learning · Statistics 2020-03-09 Andrés M. Alonso , F. Javier Nogales , Carlos Ruiz

The precise forecasting of electricity demand also referred to as load forecasting, is essential for both planning and managing a power system. It is crucial for many tasks, including choosing which power units to commit to, making plans…

Machine Learning · Computer Science 2024-06-12 Kazi Fuad Bin Akhter , Sadia Mobasshira , Saief Nowaz Haque , Mahjub Alam Khan Hesham , Tanvir Ahmed

Long Short-Term Memory (LSTM) networks have recently shown remarkable performance in several tasks dealing with natural language generation, such as image captioning or poetry composition. Yet, only few works have analyzed text generated by…

Computation and Language · Computer Science 2019-04-16 Marco Lippi , Marcelo A Montemurro , Mirko Degli Esposti , Giampaolo Cristadoro

Precisely forecasting wind speed is essential for wind power producers and grid operators. However, this task is challenging due to the stochasticity of wind speed. To accurately predict short-term wind speed under uncertainties, this paper…

Machine Learning · Computer Science 2018-11-27 Sisheng Liang , Long Nguyen , Fang Jin

Short-Term Electricity-Load Forecasting (STELF) refers to the prediction of the immediate demand (in the next few hours to several days) for the power system. Various external factors, such as weather changes and the emergence of new…

Machine Learning · Computer Science 2025-05-20 Qi Dong , Rubing Huang , Chenhui Cui , Dave Towey , Ling Zhou , Jinyu Tian , Jianzhou Wang