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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

With the rapid development of electricity markets, price volatility has significantly increased, making accurate forecasting crucial for power system operations and market decisions. Traditional linear models cannot capture the complex…

Machine Learning · Computer Science 2025-12-02 Xuanyi Zhao , Jiawen Ding , Xueting Huang , Yibo Zhang

The majority of studies in the field of AI guided financial trading focus on purely applying machine learning algorithms to continuous historical price and technical analysis data. However, due to non-stationary and high volatile nature of…

Statistical Finance · Quantitative Finance 2021-02-03 Ling Qi , Matloob Khushi , Josiah Poon

Many existing models struggle to predict nonlinear behavior during extreme weather conditions. This study proposes a multi-scale temporal analysis for failure prediction in energy systems using PMU data. The model integrates multi-scale…

Signal Processing · Electrical Eng. & Systems 2024-11-06 Anh Le , Phat K. Huynh , Om P. Yadav , Chau Le , Harun Pirim , Trung Q. Le

A comparative analysis of deep learning models and traditional statistical methods for stock price prediction uses data from the Nigerian stock exchange. Historical data, including daily prices and trading volumes, are employed to implement…

Statistical Finance · Quantitative Finance 2024-10-11 Opeyemi Sheu Alamu , Md Kamrul Siam

This study presents a machine learning framework for forecasting short-term faults in industrial centrifugal pumps using real-time sensor data. The approach aims to predict {EarlyWarning} conditions 5, 15, and 30 minutes in advance based on…

Machine Learning · Computer Science 2025-08-28 Khaled M. A. Alghtus , Aiyad Gannan , Khalid M. Alhajri , Ali L. A. Al Jubouri , Hassan A. I. Al-Janahi

Short-term electricity markets are becoming more relevant due to less-predictable renewable energy sources, attracting considerable attention from the industry. The balancing market is the closest to real-time and the most volatile among…

Machine Learning · Computer Science 2024-02-14 Ciaran O'Connor , Joseph Collins , Steven Prestwich , Andrea Visentin

Short-term electricity price forecasting has become important for demand side management and power generation scheduling. Especially as the electricity market becomes more competitive, a more accurate price prediction than the day-ahead…

Signal Processing · Electrical Eng. & Systems 2018-02-26 Zhongyang Zhao , Caisheng Wang , Matthew Nokleby , Carol Miller

Rising global energy demand from population growth raises concerns about the sustainability of fossil fuels. Consequently, the energy sector has increasingly transitioned to renewable energy sources like solar and wind, which are naturally…

Systems and Control · Electrical Eng. & Systems 2025-09-30 Afsaneh Mollasalehi , Armin Farhadi

The volatility and complex dynamics of cryptocurrency markets present unique challenges for accurate price forecasting. This research proposes a hybrid deep learning and machine learning model that integrates Long Short-Term Memory (LSTM)…

Machine Learning · Computer Science 2025-06-30 Mehul Gautam

Electricity prices strongly depend on seasonality of different time scales, therefore any forecasting of electricity prices has to account for it. Neural networks have proven successful in short-term price-forecasting, but complicated…

Applications · Statistics 2022-02-03 Andreas Wagner , Enislay Ramentol , Florian Schirra , Hendrik Michaeli

The availability of historical data related to electricity day-ahead prices and to the underlying price formation process is limited. In addition, the electricity market in Europe is facing a rapid transformation, which limits the…

Applications · Statistics 2023-06-27 Raffaele Sgarlato

The smart metering infrastructure has changed how electricity is measured in both residential and industrial application. The large amount of data collected by smart meter per day provides a huge potential for analytics to support the…

Machine Learning · Computer Science 2019-05-31 Nameer Al Khafaf , Mahdi Jalili , Peter Sokolowski

Demand forecasting in supply chain management (SCM) is critical for optimizing inventory, reducing waste, and improving customer satisfaction. Conventional approaches frequently neglect external influences like weather, festivities, and…

Machine Learning · Computer Science 2026-01-09 Anees Fatima , Mohammad Abdus Salam

Accurate short-term electricity price forecasting is crucial for strategically scheduling demand and generation bids in day-ahead markets. While data-driven techniques have shown considerable prowess in achieving high forecast accuracy in…

Machine Learning · Computer Science 2025-12-05 Maria Margarida Mascarenhas , Jilles De Blauwe , Mikael Amelin , Hussain Kazmi

The policy environment of countries changes rapidly, influencing macro-level indicators such as the Energy Security Index. However, this index is only reported annually, limiting its responsiveness to short-term fluctuations. To address…

Machine Learning · Computer Science 2025-11-11 Mahdi Goldani

This paper proposes a few-shot classification framework based on Large Language Models (LLMs) to predict whether the next day will have spikes in real-time electricity prices. The approach aggregates system state information, including…

Machine Learning · Computer Science 2026-02-20 Saud Alghumayjan , Ming Yi , Bolun Xu

Accurate forecasts of electricity prices are crucial for the management of electric power systems and the development of smart applications. European electricity prices have risen substantially and became highly volatile after the Russian…

Accurate short-term forecasting of air temperature and relative humidity is critical for urban management, especially in topographically complex cities such as Chongqing, China. This study compares seven machine learning models: eXtreme…

Machine Learning · Computer Science 2026-03-25 Jiaqi Dong

Load forecasting is a crucial topic in energy management systems (EMS) due to its vital role in optimizing energy scheduling and enabling more flexible and intelligent power grid systems. As a result, these systems allow power utility…

Machine Learning · Computer Science 2023-05-16 Firas Bayram , Phil Aupke , Bestoun S. Ahmed , Andreas Kassler , Andreas Theocharis , Jonas Forsman