Related papers: Quantifying and Predicting Residential Building Fl…
One stylized feature of financial volatility impacting the modeling process is long memory. This paper examines long memory for alternative risk measures, observed absolute and squared returns for Daily REITs and compares the findings for a…
Reliable traffic flow prediction is crucial to creating intelligent transportation systems. Many big-data-based prediction approaches have been developed but they do not reflect complicated dynamic interactions between roads considering…
Pattern similarity-based methods are widely used in classification and regression problems. Repeated, similar-shaped cycles observed in seasonal time series encourage to apply these methods for forecasting. In this paper we use the pattern…
The user persona is a communication tool for designers to generate a mental model that describes the archetype of users. Developing building occupant personas is proven to be an effective method for human-centered smart building design,…
We are concerned with robust and accurate forecasting of multiphase flow rates in wells and pipelines during oil and gas production. In practice, the possibility to physically measure the rates is often limited; besides, it is desirable to…
Using raw sensor data to model and train networks for Human Activity Recognition can be used in many different applications, from fitness tracking to safety monitoring applications. These models can be easily extended to be trained with…
This study employs Long Short-Term Memory (LSTM) networks to forecast key performance indicators (KPIs), Occupancy (OCC), Average Daily Rate (ADR), and Revenue per Available Room (RevPAR), across five major cities: Manchester, Amsterdam,…
This paper improves wind power prediction via weather forecast-contextualized Long Short-Term Memory Neural Network (LSTM) models. Initially, only wind power data was fed to a generic LSTM, but this model performed poorly, with erratic and…
Electric energy is difficult to store, requiring stricter control over its generation, transmission, and distribution. A persistent challenge in power systems is maintaining real-time equilibrium between electricity demand and supply.…
With more than 32% of the global energy used by commercial and residential buildings, there is an urgent need to revisit traditional approaches to Building Energy Management (BEM). With HVAC systems accounting for about 40% of the total…
The persistent volatility of construction material prices poses significant risks to cost estimation, budgeting, and project delivery, underscoring the urgent need for granular and scalable forecasting methods. This study develops a…
Navigating the intricate landscape of financial markets requires adept forecasting of stock price movements. This paper delves into the potential of Long Short-Term Memory (LSTM) networks for predicting stock dynamics, with a focus on…
Buildings consume over 40% of the total energy in modern societies, and improving their energy efficiency can significantly reduce our energy footprint. In this paper, we present \texttt{WattScale}, a data-driven approach to identify the…
The performance gap between predicted and actual energy consumption in the building domain remains an unsolved problem in practice. The gap exists differently in both current mainstream methods: the first-principles model and the machine…
This paper discusses how usage patterns and preferences of inhabitants can be learned efficiently to allow smart homes to autonomously achieve energy savings. We propose a frequent sequential pattern mining algorithm suitable for real-life…
Electricity forecasting has been a recurring research topic, as it is key to finding the right balance between production and consumption. While most papers are focused on the national or regional scale, few are interested in the household…
Standard LSTM(Long Short-Term Memory) neural networks provide accurate predictions for sales data in the retail industry, but require a lot of computing power. It can be challenging especially for mid to small retail industries. This paper…
With the ongoing energy transition, demand-side flexibility has become an important aspect of the modern power grid for providing grid support and allowing further integration of sustainable energy sources. Besides traditional sources, the…
Long memory in the sense of slowly decaying autocorrelations is a stylized fact in many time series from economics and finance. The fractionally integrated process is the workhorse model for the analysis of these time series. Nevertheless,…
For short-term solar irradiance forecasting, the traditional point forecasting methods are rendered less useful due to the non-stationary characteristic of solar power. The amount of operating reserves required to maintain reliable…