Related papers: DemandCast: Global hourly electricity demand forec…
As the availability, size and complexity of data have increased in recent years, machine learning (ML) techniques have become popular for modeling. Predictions resulting from applying ML models are often used for inference, decision-making,…
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…
The ability to identify stock market trends has obvious advantages for investors. Buying stock on an upward trend (as well as selling it in case of downward movement) results in profit. Accordingly, the start and end-points of the trend are…
This paper presents SolarBoost, a novel approach for forecasting power output in distributed photovoltaic (DPV) systems. While existing centralized photovoltaic (CPV) methods are able to precisely model output dependencies due to…
The ionosphere is a critical component of near-Earth space, shaping GNSS accuracy, high-frequency communications, and aviation operations. For these reasons, accurate forecasting and modeling of ionospheric variability has become…
Crowdsourcing wireless energy is a novel and convenient solution to charge nearby IoT devices. Several applications have been proposed to enable peer-to-peer wireless energy charging. However, none of them considered the energy efficiency…
Over recent decades, electricity demand has experienced sustained growth through widespread electrification of transportation and the accelerated expansion of Artificial Intelligence (AI). Grids have managed the resulting surges by scaling…
Future grid management systems will coordinate distributed production and storage resources to manage, in a cost effective fashion, the increased load and variability brought by the electrification of transportation and by a higher share of…
Despite the rise to dominance of deep learning in unstructured data domains, tree-based methods such as Random Forests (RF) and Gradient Boosted Decision Trees (GBDT) are still the workhorses for handling discriminative tasks on tabular…
We present a comparative study of different probabilistic forecasting techniques on the task of predicting the electrical load of secondary substations and cabinets located in a low voltage distribution grid, as well as their aggregated…
One of the primal challenges faced by utility companies is ensuring efficient supply with minimal greenhouse gas emissions. The advent of smart meters and smart grids provide an unprecedented advantage in realizing an optimised supply of…
Developing an accurate prediction model for housing prices is always needed for socio-economic development and well-being of citizens. In this paper, a diverse set of machine learning algorithms such as XGBoost, CatBoost, Random Forest,…
Long-term planning of a robust power system requires the understanding of changing demand patterns. Electricity demand is highly weather sensitive. Thus, the supply side variation from introducing intermittent renewable sources, juxtaposed…
On-demand service platforms face a challenging problem of forecasting a large collection of high-frequency regional demand data streams that exhibit instabilities. This paper develops a novel forecast framework that is fast and scalable,…
Accurate and reliable energy time series prediction is of great significance for power generation planning and allocation. At present, deep learning time series prediction has become the mainstream method. However, the multi-scale time…
Data-driven weather forecast based on machine learning (ML) has experienced rapid development and demonstrated superior performance in the global medium-range forecast compared to traditional physics-based dynamical models. However, most of…
This paper addresses the mid-term electricity load forecasting problem. Solving this problem is necessary for power system operation and planning as well as for negotiating forward contracts in deregulated energy markets. We show that our…
Generation and load balance is required in the economic scheduling of generating units in the smart grid. Variable energy generations, particularly from wind and solar energy resources, are witnessing a rapid boost, and, it is anticipated…
One of the common hazards and issues in meteorology and agriculture is the problem of frost, chilling or freezing. This event occurs when the minimum ambient temperature falls below a certain value. This phenomenon causes a lot of damage to…
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…