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Accurate load forecasting is critical for efficient and reliable operations of the electric power system. A large part of electricity consumption is affected by weather conditions, making weather information an important determinant of…

Machine Learning · Computer Science 2023-10-16 Jonathan Yang , Mingjian Tuo , Jin Lu , Xingpeng Li

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

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

Accurate electrical load forecasting is crucial for optimizing power system operations, planning, and management. As power systems become increasingly complex, traditional forecasting methods may fail to capture the intricate patterns and…

Systems and Control · Electrical Eng. & Systems 2024-11-26 Elias Raffoul , Mingjian Tuo , Cunzhi Zhao , Tianxia Zhao , Meng Ling , Xingpeng Li

Mid-term electricity load forecasting (LF) plays a critical role in power system planning and operation. To address the issue of error accumulation and transfer during the operation of existing LF models, a novel model called error…

Machine Learning · Computer Science 2023-06-21 Liping Zhang , Di Wu , Xin Luo

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 power load forecasting is essential for the efficient operation and planning of electrical grids, particularly given the increased variability and complexity introduced by renewable energy sources. This paper introduces GAT-LSTM, a…

Machine Learning · Computer Science 2025-02-13 Ugochukwu Orji , Çiçek Güven , Dan Stowell

Accurate electricity load forecasting is essential for grid stability, resource optimization, and renewable energy integration. While transformer-based deep learning models like TimeGPT have gained traction in time-series forecasting, their…

Machine Learning · Computer Science 2025-05-19 Millend Roy , Vladimir Pyltsov , Yinbo Hu

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

This work presents a Long Short-Term Memory (LSTM) network for forecasting a monthly electricity demand time series with a one-year horizon. The novelty of this work is the use of pattern representation of the seasonal time series as an…

Signal Processing · Electrical Eng. & Systems 2020-04-29 Paweł Pełka , Grzegorz Dudek

Short-term load forecasting is one of the crucial sections in smart grid. Precise forecasting enables system operators to make reliable unit commitment and power dispatching decisions. With the advent of big data, a number of artificial…

Signal Processing · Electrical Eng. & Systems 2018-09-27 Tiantian Li , Bo Wang , Min Zhou , Junzo Watada

The rapid expansion of electric vehicles (EVs) has rendered the load forecasting of electric vehicle charging stations (EVCS) increasingly critical. The primary challenge in achieving precise load forecasting for EVCS lies in accounting for…

Systems and Control · Electrical Eng. & Systems 2024-06-14 Zongbao Zhang , Jiao Hao , Wenmeng Zhao , Yan Liu , Yaohui Huang , Xinhang Luo

Short Term Load Forecast (STLF) is necessary for effective scheduling, operation optimization trading, and decision-making for electricity consumers. Modern and efficient machine learning methods are recalled nowadays to manage complicated…

Applications · Statistics 2021-10-20 Junjie Hu , Brenda López Cabrera , Awdesch Melzer

Electricity load forecasting enables the grid operators to optimally implement the smart grid's most essential features such as demand response and energy efficiency. Electricity demand profiles can vary drastically from one region to…

Machine Learning · Computer Science 2023-05-15 Abdul Wahab , Muhammad Anas Tahir , Naveed Iqbal , Faisal Shafait , Syed Muhammad Raza Kazmi

Rapid progress in machine learning and deep learning has enabled a wide range of applications in the electricity load forecasting of power systems, for instance, univariate and multivariate short-term load forecasting. Though the strong…

Machine Learning · Computer Science 2024-02-20 Yuqi Jiang , Yan Li , Yize Chen

Accurate short-term electricity load forecasting is a cornerstone of U.S. grid reliability; however, prevailing deep learning models remain opaque, limiting operator trust during extreme weather. A unified, interpretable, physics-informed…

Machine Learning · Computer Science 2026-04-28 Md Abubakkar , Sajib Debnath , Md. Uzzal Mia

Accurately forecasting electricity price volatility is crucial for effective risk management and decision-making. Traditional forecasting models often fall short in capturing the complex, non-linear dynamics of electricity markets,…

Computational Engineering, Finance, and Science · Computer Science 2025-05-20 Haochen Xue , Chenghao Liu , Chong Zhang , Yuxuan Chen , Angxiao Zong , Zhaodong Wu , Yulong Li , Jiayi Liu , Kaiyu Liang , Zhixiang Lu , Ruobing Li , Jionglong Su

Modern time series forecasting increasingly relies on complex ensemble models generated by AutoML systems like AutoGluon, delivering superior accuracy but with significant costs to transparency and interpretability. This paper introduces a…

Machine Learning · Computer Science 2025-10-13 Yikai Zhao , Jiekai Ma

Short-Term Electricity-Load Forecasting (STELF) refers to the prediction of the immediate demand (in the next few hours to several days) for the power system. Various external factors, such as weather changes and the emergence of new…

Machine Learning · Computer Science 2025-05-20 Qi Dong , Rubing Huang , Chenhui Cui , Dave Towey , Ling Zhou , Jinyu Tian , Jianzhou Wang

Fluctuations in the stock market rapidly shape the economic world and consumer markets, impacting millions of individuals. Hence, accurately forecasting it is essential for mitigating risks, including those associated with inactivity.…

Statistical Finance · Quantitative Finance 2025-01-15 Konstantinos-Leonidas Bisdoulis
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