Related papers: Probabilistic forecasting of power system imbalanc…
Scenario-based probabilistic forecasts have become vital for decision-makers in handling intermittent renewable energies. This paper presents a recent promising deep learning generative approach called denoising diffusion probabilistic…
Capturing the uncertainty in probabilistic wind power forecasts is challenging, especially when uncertain input variables, such as the weather, play a role. Since ensemble weather predictions aim to capture the uncertainty in the weather…
The proliferation of intermittent distributed renewable energy sources (RES) in modern power systems has fundamentally compromised the reliability and accuracy of deterministic net load forecasting. Generative models, particularly diffusion…
The increase in renewable energy sources (RESs), like wind or solar power, results in growing uncertainty also in transmission grids. This affects grid stability through fluctuating energy supply and an increased probability of overloaded…
Management and efficient operations in critical infrastructure such as Smart Grids take huge advantage of accurate power load forecasting which, due to its nonlinear nature, remains a challenging task. Recently, deep learning has emerged in…
Power System Resource Planning is the recurrent process of studying and determining what facilities and procedures should be provided to satisfy and promote appropriate future demands for electricity. The electric power system as planned…
This paper focuses on the problem of energy imbalance management in amicrogrid. The problem is investigated from the power market perspective. Unlike the traditional power grid, a microgrid can obtain extra energy froma renewable energy…
Recent advances in Time Series Foundation Models (TSFMs) promise zero-shot forecasting capabilities with minimal task-specific training. While these models have shown strong performance across generic benchmarks, their applicability in…
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…
Industrial forecasting often involves multi-source asynchronous signals and multi-output targets, while deployment requires explicit trade-offs between prediction error and model complexity. Current practices typically fix alignment…
Solar power becomes one of the most promising renewable energy resources in recent years. However, the weather is continuously changing, and this causes a discontinuity of energy generation. PV Power forecasting is a suitable solution to…
We present an ensemble prediction system using a Deep Learning Weather Prediction (DLWP) model that recursively predicts key atmospheric variables with six-hour time resolution. This model uses convolutional neural networks (CNNs) on a…
In electricity markets, retailers or brokers want to maximize profits by allocating tariff profiles to end consumers. One of the objectives of such demand response management is to incentivize the consumers to adjust their consumption so…
Electricity is difficult to store, except at prohibitive cost, and therefore the balance between generation and load must be maintained at all times. Electricity is traditionally managed by anticipating demand and intermittent production…
Forecasting electricity prices is a challenging task and an active area of research since the 1990s and the deregulation of the traditionally monopolistic and government-controlled power sectors. Although it aims at predicting both spot and…
Probabilistic forecasts are essential for various downstream applications such as business development, traffic planning, and electrical grid balancing. Many of these probabilistic forecasts are performed on time series data that contain…
This paper proposes a strategy to size a grid-connected photovoltaic plant coupled with a battery energy storage device within the \textit{capacity firming} specifications of the French Energy Regulatory Commission. In this context, the…
Long-term electricity demand forecasting is essential for grid and operations planning, as well as for the analysis and planning of energy transition strategies. However, accurate long-term load forecasting with high temporal resolution…
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…
In this article, a multiple split method is proposed that enables construction of multidimensional probabilistic forecasts of a selected set of variables. The method uses repeated resampling to estimate uncertainty of simultaneous…