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Traditional bulk load flexibility options, such as load shifting and load curtailment, for managing uncertainty in power markets limit the diversity of options and ignore the preferences of the individual loads, thus reducing efficiency and…

Systems and Control · Electrical Eng. & Systems 2021-12-20 Majid Majidi , Deepan Muthirayan , Masood Parvania , Pramod P. Khargonekar

Aggregating distributed energy resources in power systems significantly increases uncertainties, in particular caused by the fluctuation of renewable energy generation. This issue has driven the necessity of widely exploiting advanced…

Systems and Control · Electrical Eng. & Systems 2023-09-19 Wei Jiang , Zhongkai Yi , Li Wang , Hanwei Zhang , Jihai Zhang , Fangquan Lin , Cheng Yang

Precise probabilistic forecasts are fundamental for energy risk management, and there is a wide range of both statistical and machine learning models for this purpose. Inherent to these probabilistic models is some form of uncertainty…

Machine Learning · Computer Science 2025-10-10 Andreas Lebedev , Abhinav Das , Sven Pappert , Stephan Schlüter

In Model-based Reinforcement Learning (MBRL), model learning is critical since an inaccurate model can bias policy learning via generating misleading samples. However, learning an accurate model can be difficult since the policy is…

Machine Learning · Computer Science 2023-01-23 Zifan Wu , Chao Yu , Chen Chen , Jianye Hao , Hankz Hankui Zhuo

Although Federated Learning (FL) is promising in knowledge sharing for heterogeneous Artificial Intelligence of Thing (AIoT) devices, their training performance and energy efficacy are severely restricted in practical battery-driven…

Machine Learning · Computer Science 2024-07-10 Jun Xia , Yi Zhang , Yiyu Shi

Peer-to-peer (P2P) energy trading and energy communities have garnered much attention over in recent years due to increasing investments in local energy generation and storage assets. However, the efficiency to be gained from P2P trading,…

Systems and Control · Electrical Eng. & Systems 2023-11-21 Ying Zhang , Valentin Robu , Sho Cremers , Sonam Norbu , Benoit Couraud , Merlinda Andoni , David Flynn , H. Vincent Poor

Machine learning is an increasingly popular tool with some success in predicting stock prices. One promising method is the Trader-Company~(TC) method, which takes into account the dynamism of the stock market and has both high predictive…

Computational Finance · Quantitative Finance 2022-11-03 Yugo Fujimoto , Kei Nakagawa , Kentaro Imajo , Kentaro Minami

In this paper, we investigate an energy cost minimization problem for prosumers participating in peer-to-peer energy trading. Due to (i) uncertainties caused by renewable energy generation and consumption, (ii) difficulties in developing an…

Systems and Control · Electrical Eng. & Systems 2021-08-23 Cephas Samende , Jun Cao , Zhong Fan

Deep Neural Networks (DNNs) have demonstrated remarkable performance across various domains, including computer vision and natural language processing. However, they often struggle to accurately quantify the uncertainty of their…

Machine Learning · Computer Science 2025-11-14 Adrien Lafage , Olivier Laurent , Firas Gabetni , Gianni Franchi

The rapidly changing architecture and functionality of electrical networks and the increasing penetration of renewable and distributed energy resources have resulted in various technological and managerial challenges. These have rendered…

Artificial Intelligence · Computer Science 2024-05-28 Sarah Keren , Chaimaa Essayeh , Stefano V. Albrecht , Thomas Morstyn

Energy arbitrage is one of the most profitable sources of income for battery operators, generating revenues by buying and selling electricity at different prices. Forecasting these revenues is challenging due to the inherent uncertainty of…

Machine Learning · Computer Science 2024-10-29 Manuel Sage , Joshua Campbell , Yaoyao Fiona Zhao

Peer-to-peer (P2P) trading is increasingly recognized as a key mechanism for decentralized market regulation, yet existing approaches often lack robust frameworks to ensure fairness. This paper presents FairMarket-RL, a novel hybrid…

Machine Learning · Computer Science 2025-07-01 Shrenik Jadhav , Birva Sevak , Srijita Das , Akhtar Hussain , Wencong Su , Van-Hai Bui

Peer-to-peer energy trading offers a promising solution for enhancing renewable energy utilization and economic benefits within interconnected microgrids. However, existing real-time P2P markets face two key challenges: high computational…

Systems and Control · Electrical Eng. & Systems 2025-10-06 Kaidi Huang , Lin Cheng , Yue Zhou , Fashun Shi , Yufei Xi , Yingrui Zhuang , Ning Qi

The increase in renewable energy on the consumer side gives place to new dynamics in the energy grids. Participants in a microgrid can produce energy and trade it with their peers (peer-to-peer) with the permission of the energy provider.…

Machine Learning · Computer Science 2022-10-26 Nicolas Avila , Shahad Hardan , Elnura Zhalieva , Moayad Aloqaily , Mohsen Guizani

Renewable energy sources, such as wind and solar power, are increasingly being integrated into smart grid systems. However, when compared to traditional energy resources, the unpredictability of renewable energy generation poses significant…

Systems and Control · Electrical Eng. & Systems 2023-03-01 Arman Ghasemi , Amin Shojaeighadikolaei , Morteza Hashemi

In this paper, we address the challenge of learning with limited fault data for power transformers. Traditional operation and maintenance tools lack effective predictive capabilities for potential faults. The scarcity of extensive fault…

Machine Learning · Computer Science 2024-02-14 Chao Wang , Zhuo Chen , Ziyan Zhang , Chiyi Li , Kai Song

Recurrent neural network based solutions are increasingly being used in the analysis of longitudinal Electronic Health Record data. However, most works focus on prediction accuracy and neglect prediction uncertainty. We propose Deep Kernel…

Machine Learning · Computer Science 2021-07-27 Zhiliang Wu , Yinchong Yang , Peter A. Fasching , Volker Tresp

Fine-tuning large language models (LLMs) with high-quality knowledge has been shown to enhance their performance effectively. However, there is a paucity of research on the depth of domain-specific knowledge comprehension by LLMs and the…

Computation and Language · Computer Science 2026-03-19 Haoxuan Yin , Bojian Liu , Chen Tang , Yangfan Wang , Lian Yan , Jingchi Jiang

Climate policy modelling is a key tool for assessing mitigation strategies in complex systems, where uncertainty is inherent and unavoidable. We present a general methodology for extensive uncertainty analysis in this field. While other…

Applications · Statistics 2026-05-15 Ian J. Burton , Femke J. M. M. Nijsse , James M. Salter

Distributed energy resources (DERs), such as rooftop solar panels, are growing rapidly and are reshaping power systems. To promote DERs, feed-in-tariff (FIT) is usually adopted by utilities to pay DER owners certain fixed rates for…

Systems and Control · Electrical Eng. & Systems 2020-02-24 Zibo Zhao , Andrew L. Liu