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One approach for constructing copula functions is by multiplication. Given that products of cumulative distribution functions (CDFs) are also CDFs, an adjustment to this multiplication will result in a copula model, as discussed by…

Machine Learning · Statistics 2015-11-10 Ricardo Silva

Electricity price forecasting supports decision-making in energy markets and asset operation. Probabilistic forecasts are increasingly adopted to explicitly quantify uncertainty, typically issued as quantile predictions or ensembles of the…

Statistical Finance · Quantitative Finance 2026-04-22 Simon Hirsch , Florian Ziel

It is of growing concern to ensure the resilience in electricity infrastructure systems to extreme weather events with the help of appropriate hardening measures and new operational procedures. An effective mitigation strategy requires a…

Systems and Control · Electrical Eng. & Systems 2023-07-19 Shiva Poudel , Anamika Dubey , Anjan Bose

The increasing integration of distributed energy resources (DERs) calls for new planning and operational tools. However, such tools depend on system topology and line parameters, which may be missing or inaccurate in distribution grids.…

Systems and Control · Computer Science 2017-05-25 Jiafan Yu , Yang Weng , Ram Rajagopal

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

We propose a data-driven method to solve a stochastic optimal power flow (OPF) problem based on limited information about forecast error distributions. The objective is to determine power schedules for controllable devices in a power…

Optimization and Control · Mathematics 2018-01-22 Yi Guo , Kyri Baker , Emiliano Dall'Anese , Zechun Hu , Tyler Summers

As a representative mathematical expression of power flow (PF) constraints in electrical distribution system (EDS), the piecewise linearization (PWL) based PF constraints have been widely used in different EDS optimization scenarios.…

Optimization and Control · Mathematics 2018-09-10 Yun Zhou , Jingyang Yun , Zheng Yan , Donghan Feng , Sijie Chen

The increasing penetration of renewable energy along with the variations of the loads bring large uncertainties in the power system states that are threatening the security of power system planning and operation. Facing these challenges,…

Systems and Control · Electrical Eng. & Systems 2020-04-14 Yijun Xu , Kiran Karra , Lamine Mili , Mert Korkali , Xiao Chen , Zhixiong Hu

With increasing penetration of renewable energy and active consumers, control and management of power distribution networks has become challenging. Renewable energy sources can cause random voltage fluctuations as their output power depends…

Systems and Control · Electrical Eng. & Systems 2020-08-26 Mohammad Abujubbeh , Sai Munikoti , Balasubramaniam Natarajan

The linearization of a power flow (PF) model is an important approach for simplifying and accelerating the calculation of a power system's control, operation, and optimization. Traditional model-based methods derive linearized PF models by…

Systems and Control · Computer Science 2017-10-31 Yuxiao Liu , Ning Zhang , Yi Wang , Jingwei Yang , Chongqing Kang

Electricity load peak forecasting (ELPF), simultaneously predicting peak timing and intensity, is a prerequisite for effective grid scheduling and risk management. However, existing methods face three limitations. First, they adopt a…

Machine Learning · Computer Science 2026-05-22 Wangzhi Yu , Peng Zhu , Qing Zhao , Yiwen Jiang , Dawei Cheng

Electricity networks are vulnerable to weather damage, with severe events often leading to faults and power outages. Timely forecasts of fault occurrences, ranging from nowcasts to several days ahead, can enhance preparedness, support…

Applications · Statistics 2026-03-03 Mateus Maia , Daniela Castro-Camilo , Jethro Browell

We propose a data-driven approach for propagating uncertainty in stochastic power grid simulations and apply it to the estimation of transmission line failure probabilities. A reduced-order equation governing the evolution of the observed…

Computational Engineering, Finance, and Science · Computer Science 2024-01-08 Hongli Zhao , Tyler E. Maltba , D. Adrian Maldonado , Emil Constantinescu , Mihai Anitescu

Linear regression models are useful statistical tools to analyze data sets in several different fields. There are several methods to estimate the parameters of a linear regression model. These methods usually perform under normally…

Methodology · Statistics 2020-08-10 Şenay Özdemir , Yeşim Güney , Yetkin Tuaç , Olcay Arslan

The study of dependence between random variables is the core of theoretical and applied statistics. Static and dynamic copula models are useful for describing the dependence structure, which is fully encrypted in the copula probability…

Methodology · Statistics 2018-03-20 Dominque Guégan , Matteo Iacopini

Chance-constrained optimization has emerged as a promising framework for managing uncertainties in power systems. This work advances its application to the DC Optimal Power Flow (DC-OPF) model, developing a novel approach to uncertainty…

Systems and Control · Electrical Eng. & Systems 2026-03-18 Tianyang Yi , D. Adrian Maldonado , Anirudh Subramanyam

In this paper, we consider a surrogate modeling approach using a data-driven nonparametric likelihood function constructed on a manifold on which the data lie (or to which they are close). The proposed method represents the likelihood…

Data Analysis, Statistics and Probability · Physics 2019-06-04 Shixiao W. Jiang , John Harlim

Copula models are flexible tools to represent complex structures of dependence for multivariate random variables. According to Sklar's theorem (Sklar, 1959), any d-dimensional absolutely continuous density can be uniquely represented as the…

Methodology · Statistics 2021-03-05 Clara Grazian , Luciana Dalla Valle , Brunero Liseo

This paper presents a meta-learning based, automatic distribution system load forecasting model selection framework. The framework includes the following processes: feature extraction, candidate model labeling, offline training, and online…

Systems and Control · Electrical Eng. & Systems 2021-04-19 Yiyan Li , Si Zhang , Rongxing Hu , Ning Lu

Precise probabilistic forecasts are fundamental for energy risk management, and there is a wide range of both statistical and machine learning models for this purpose. Inherent to these probabilistic models is some form of uncertainty…

Machine Learning · Computer Science 2025-10-10 Andreas Lebedev , Abhinav Das , Sven Pappert , Stephan Schlüter