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Accurate mid-term (weeks to one year) hourly electricity load forecasts are essential for strategic decision-making in power plant operation, ensuring supply security and grid stability, planning and building energy storage systems, and…

Applications · Statistics 2025-05-01 Monika Zimmermann , Florian Ziel

This article presents a novel hybrid approach using statistics and machine learning to forecast the national demand of electricity. As investment and operation of future energy systems require long-term electricity demand forecasts with…

Machine Learning · Computer Science 2023-04-12 Tatiana Gonzalez Grandon , Johannes Schwenzer , Thomas Steens , Julia Breuing

Mid-term and long-term electric energy demand prediction is essential for the planning and operations of the smart grid system. Mainly in countries where the power system operates in a deregulated environment. Traditional forecasting models…

Signal Processing · Electrical Eng. & Systems 2022-12-29 Yuting Ding , Di Wu , Yi He , Xin Luo , Song Deng

By significant improvements in modern electrical systems, planning for unit commitment and power dispatching of them are two big concerns between the researchers. Short-term load forecasting plays a significant role in planning and…

Statistical Finance · Quantitative Finance 2020-10-01 Kasun Chandrarathna , Arman Edalati , AhmadReza Fourozan tabar

Electric load forecasting is an indispensable component of electric power system planning and management. Inaccurate load forecasting may lead to the threat of outages or a waste of energy. Accurate electric load forecasting is challenging…

Machine Learning · Computer Science 2023-10-25 Linxiao Yang , Rui Ren , Xinyue Gu , Liang Sun

The increasing use of renewable energy sources with variable output, such as solar photovoltaic and wind power generation, calls for Smart Grids that effectively manage flexible loads and energy storage. The ability to forecast consumption…

Machine Learning · Computer Science 2014-04-02 Andreas Veit , Christoph Goebel , Rohit Tidke , Christoph Doblander , Hans-Arno Jacobsen

Electricity demand forecasting is key to ensuring that supply meets demand lest the grid would blackout. Reliable short-term forecasts may be obtained by combining a Generalized Additive Models (GAM) with a State-Space model (Obst et al.,…

Machine Learning · Statistics 2025-04-01 Keshav Das , Julie Keisler , Margaux Brégère , Amaury Durand

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

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…

Methodology · Statistics 2025-07-22 Soumyadeep Dhar , Ayushkumar Parmar , Haifeng Qiu , Juan Ramon L. Senga , S. Viswanathan

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.…

Signal Processing · Electrical Eng. & Systems 2025-05-27 Aurausp Maneshni

Accurate electrical load forecasting is of great importance for the efficient operation and control of modern power systems. In this work, a hybrid long short-term memory (LSTM)-based model with online correction is developed for day-ahead…

Systems and Control · Electrical Eng. & Systems 2024-03-07 Nan Lu , Quan Ouyang , Yang Li , Changfu Zou

This paper covers predicting high-resolution electricity peak demand features given lower-resolution data. This is a relevant setup as it answers whether limited higher-resolution monitoring helps to estimate future high-resolution peak…

Machine Learning · Computer Science 2023-02-13 Jonathan Berrisch , Michał Narajewski , Florian Ziel

Long-term load forecasting plays a vital role for utilities and planners in terms of grid development and expansion planning. An overestimate of long-term electricity load will result in substantial wasted investment in the construction of…

Applications · Statistics 2018-11-28 Swasti R. Khuntia , José L. Rueda , Mart A. M. M. van der Meijden

Electricity load consumption may be extremely complex in terms of profile patterns, as it depends on a wide range of human factors, and it is often correlated with several exogenous factors, such as the availability of renewable energy and…

Machine Learning · Computer Science 2025-02-03 Aleksei Kychkin , Georgios C. Chasparis

Demand forecasting in power sector has become an important part of modern demand management and response systems with the rise of smart metering enabled grids. Long Short-Term Memory (LSTM) shows promising results in predicting time series…

Machine Learning · Computer Science 2021-07-30 Koushik Roy , Abtahi Ishmam , Kazi Abu Taher

Accurately forecasting long-term atmospheric variables remains a defining challenge in meteorological science due to the chaotic nature of atmospheric systems. Temperature data represents a complex superposition of deterministic cyclical…

Machine Learning · Computer Science 2026-01-14 Shreyas Rajeev , Karthik Mudenahalli Ashoka , Amit Mallappa Tiparaddi

Accurate load forecasting is essential to the operation of modern electric power systems. Given the sensitivity of electricity demand to weather variability and temporal dynamics, capturing non-linear patterns is essential for long-term…

Machine Learning · Computer Science 2025-07-31 Abhiram Bhupatiraju , Sung Bum Ahn

Forecasting electricity demand plays a critical role in ensuring reliable and cost-efficient operation of the electricity supply. With the global transition to distributed renewable energy sources and the electrification of heating and…

Machine Learning · Computer Science 2023-05-31 Konstantin Hopf , Hannah Hartstang , Thorsten Staake

As the number of electric vehicles (EVs) continues to grow, the demand for charging stations is also increasing, leading to challenges such as long wait times and insufficient infrastructure. High-precision forecasting of EV charging demand…

Systems and Control · Electrical Eng. & Systems 2025-02-25 Saba Sanami , Hesam Mosalli , Yu Yang , Hen-Geul Yeh , Amir G. Aghdam

With the evolution of power systems as it is becoming more intelligent and interactive system while increasing in flexibility with a larger penetration of renewable energy sources, demand prediction on a short-term resolution will…

Machine Learning · Computer Science 2022-12-20 Saad Emshagin , Wayes Koroni Halim , Rasha Kashef
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