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Task embeddings in multi-layer perceptrons for multi-task learning and inductive transfer learning in renewable power forecasts have recently been introduced. In many cases, this approach improves the forecast error and reduces the required…

Machine Learning · Computer Science 2022-05-02 Jens Schreiber , Stephan Vogt , Bernhard Sick

We explore the crucial interplay between climate change and power system planning, highlighting the urgent need to systematically integrate climate information into energy system studies. Climate change impacts the energy sector on multiple…

Atmospheric and Oceanic Physics · Physics 2026-05-05 Laurent Dubus , Alberto Troccoli , Aron zuiker , Laurens Stoop

We propose a framework where generation and transmission capacities are planned concurrently in market environments with a focus on the prosumers. This paper is a continuation of Part I and presents numerical results from three archetypal…

Optimization and Control · Mathematics 2021-05-24 Ni Wang , Remco Verzijlbergh , Petra Heijnen , Paulien Herder

A framework is introduced to integrate renewable energy sources (RES) and dynamic pricing capabilities of the smart grid into beamforming designs for coordinated multi-point (CoMP) downlink communication systems. To this end, novel models…

Optimization and Control · Mathematics 2015-06-09 Xin Wang , Yu Zhang , Georgios B. Giannakis , Shuyan Hu

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…

Systems and Control · Electrical Eng. & Systems 2022-04-13 Rebecca Bauer , Tillmann Mühlpfordt , Nicole Ludwig , Veit Hagenmeyer

Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…

Physics and Society · Physics 2014-10-09 Stefan Weitemeyer , David Kleinhans , Thomas Vogt , Carsten Agert

The increase of renewables in the grid and the volatility of the load create uncertainties in the day-ahead prices of electricity markets. Adaptive robust optimization (ARO) and stochastic optimization have been used to make commitment and…

Optimization and Control · Mathematics 2023-09-18 Dimitris Bertsimas , Angelos G. Koulouras

In this paper we present a regression based model for day-ahead electricity spot prices. We estimate the considered linear regression model by the lasso estimation method. The lasso approach allows for many possible parameters in the model,…

Statistical Finance · Quantitative Finance 2016-10-26 Florian Ziel

With the expansion of renewables in the electricity mix, power grid variability will increase, hence a need to robustify the system to guarantee its security. Therefore, Transport System Operators (TSOs) must conduct analyses to simulate…

Machine Learning · Computer Science 2023-09-28 Nathan Weill , Jonathan Dumas

Increasing wind turbines (WT) penetration and low carbon demand can potentially lead to two different flow peaks, generation and load, within distribution networks. This will not only constrain WT penetration but also pose serious threats…

Optimization and Control · Mathematics 2018-02-13 Xiao Yanchi , Bruce Vargas , Mohammd Hamdi

Time-series forecasting plays an important role in many domains. Boosted by the advances in Deep Learning algorithms, it has for instance been used to predict wind power for eolic energy production, stock market fluctuations, or motor…

Machine Learning · Computer Science 2021-07-23 Luis P. Silvestrin , Leonardos Pantiskas , Mark Hoogendoorn

Online decision-making in the presence of uncertain future information is abundant in many problem domains. In the critical problem of energy generation scheduling for microgrids, one needs to decide when to switch energy supply between a…

Systems and Control · Electrical Eng. & Systems 2022-10-20 Ali Menati , Sid Chi-Kin Chau , Minghua Chen

The grid integration of intermittent Renewable Energy Sources (RES) causes costs for grid operators due to forecast uncertainty and the resulting production schedule mismatches. These so-called profile service costs are marginal cost…

General Finance · Quantitative Finance 2014-07-29 Jonas Müller , Marcus Hildmann , Andreas Ulbig , Göran Andersson

The efficient placement of wind turbines relies on accurate local wind speed forecasts. Climate projections provide valuable insight into long-term wind speed conditions, yet their spatial data resolution is typically insufficient for…

Applications · Statistics 2024-07-12 Luca Schmidt , Nicole Ludwig

The increasing share of renewables in the electricity generation mix comes along with an increasing uncertainty in power supply. In the recent years, distributionally robust optimization has gained significant interest due to its ability to…

Optimization and Control · Mathematics 2022-11-11 Adriano Arrigo , Jalal Kazempour , Zacharie De Grève , Jean-François Toubeau , François Vallée

Accurate forecasting of renewable energy generation is fundamental to enhancing the dynamic performance of modern power grids, especially under high renewable penetration. This paper presents Channel-Time Patch Time-Series Transformer…

Machine Learning · Computer Science 2026-01-23 Kuan Lu , Menghao Huo , Yuxiao Li , Qiang Zhu , Zhenrui Chen

Recently it was demonstrated how climate data can be utilized to estimate regional wind power densities. In particular it was shown that the quality of the global scale estimate compared well with regional high resolution studies and a link…

Atmospheric and Oceanic Physics · Physics 2016-10-31 Markus Gross , Vanesa Magar

The expansion of wind and solar power is driving the European energy system transformation, thereby also driving our reliance on this weather-dependent resources. Integrating renewable scarcity events into long-term planning has therefore…

General Economics · Economics 2026-03-11 Maximilian Bernecker , Smaranda Sgarciu , Xiaoming Kan , Mehrnaz Anvari , Iegor Riepin , Felix Müsgens

This paper evaluates the economic impact of Renewable Energy Communities (RECs) on the Italian wholesale power market. Combining a bottom-up engineering approach with a short-run economic impact assessment, the study begins by mapping…

Applications · Statistics 2026-01-14 Maksym Koltunov , Filippo Beltrami , Luigi Grossi , Nicola Blasuttigh

Accurate load forecasting serves as the foundation for the flexible operation of multi-energy systems (MES). Multi-energy loads are tightly coupled and exhibit significant uncertainties. Many works focus on enhancing forecasting accuracy by…

Systems and Control · Electrical Eng. & Systems 2023-11-17 Yangze Zhou , Qingsong Wen , Jie Song , Xueyuan Cui , Yi Wang
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