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Accurate prediction of long-term electricity demand has a significant role in demand side management and electricity network planning and operation. Demand over-estimation results in over-investment in network assets, driving up the…

Neural and Evolutionary Computing · Computer Science 2018-01-12 Homayoun Hamedmoghadam , Nima Joorabloo , Mahdi Jalili

Power systems operate under uncertainty originating from multiple factors that are impossible to account for deterministically. Distributional forecasting is used to control and mitigate risks associated with this uncertainty. Recent…

Machine Learning · Computer Science 2024-10-07 Slawek Smyl , Boris N. Oreshkin , Paweł Pełka , Grzegorz Dudek

Power systems face increasing challenges in maintaining resource adequacy due to lower operating margins, rising renewable energy uncertainty, and demand variability. Forecasting the probability distribution of peak demand on shorter…

Systems and Control · Electrical Eng. & Systems 2025-10-28 Buyi Yu , Wenyuan Tang

Battery-based energy storage has emerged as an enabling technology for a variety of grid energy optimizations, such as peak shaving and cost arbitrage. A key component of battery-driven peak shaving optimizations is peak forecasting, which…

Signal Processing · Electrical Eng. & Systems 2020-05-28 Akhil Soman , Amee Trivedi , David Irwin , Beka Kosanovic , Benjamin McDaniel , Prashant Shenoy

Demand forecasting in the online fashion industry is particularly amendable to global, data-driven forecasting models because of the industry's set of particular challenges. These include the volume of data, the irregularity, the high…

Forecasting power consumptions of integrated electrical, heat or gas network systems is essential in order to operate more efficiently the whole energy network. Multi-energy systems are increasingly seen as a key component of future energy…

Machine Learning · Computer Science 2025-03-11 Corneliu Arsene , Alessandra Parisio

It is crucial today that economies harness renewable energies and integrate them into the existing grid. Conventionally, energy has been generated based on forecasts of peak and low demands. Renewable energy can neither be produced on…

Signal Processing · Electrical Eng. & Systems 2019-10-02 Alexey Györi , Mathis Niederau , Violett Zeller , Volker Stich

Integration of renewable energy sources and emerging loads like electric vehicles to smart grids brings more uncertainty to the distribution system management. Demand Side Management (DSM) is one of the approaches to reduce the uncertainty.…

Machine Learning · Computer Science 2021-09-28 Elahe Khoshbakhti Vaygan , Roozbeh Rajabi , Abouzar Estebsari

The prediction of electrical power in combined cycle power plants is a key challenge in the electrical power and energy systems field. This power output can vary depending on environmental variables, such as temperature, pressure, and…

Signal Processing · Electrical Eng. & Systems 2019-08-06 Jesus L. Lobo , Igor Ballesteros , Izaskun Oregi , Javier Del Ser

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

Inflation is a major determinant for allocation decisions and its forecast is a fundamental aim of governments and central banks. However, forecasting inflation is not a trivial task, as its prediction relies on low frequency, highly…

Econometrics · Economics 2023-03-30 Maximilian Tschuchnig , Petra Tschuchnig , Cornelia Ferner , Michael Gadermayr

Multi-horizon forecasting problems often contain a complex mix of inputs -- including static (i.e. time-invariant) covariates, known future inputs, and other exogenous time series that are only observed historically -- without any prior…

Machine Learning · Statistics 2020-09-29 Bryan Lim , Sercan O. Arik , Nicolas Loeff , Tomas Pfister

Middle-term horizon (months to a year) power consumption prediction is a main challenge in the energy sector, in particular when probabilistic forecasting is considered. We propose a new modelling approach that incorporates trend,…

Methodology · Statistics 2022-01-04 Michele Azzone , Roberto Baviera

Transformers have demonstrated impressive strength in long-term series forecasting. Existing prediction research mostly focused on mapping past short sub-series (lookback window) to future series (forecast window). The longer training…

Machine Learning · Computer Science 2023-02-22 Julong Young , Junhui Chen , Feihu Huang , Jian Peng

The power system is undergoing rapid evolution with the roll-out of advanced metering infrastructure and local energy applications (e.g. electric vehicles) as well as the increasing penetration of intermittent renewable energy at both…

Systems and Control · Electrical Eng. & Systems 2021-08-04 Shuang Dai , Fanlin Meng , Hongsheng Dai , Qian Wang , Xizhong Chen

Electricity price forecasting is an essential task in all the deregulated markets of the world. The accurate prediction of the day-ahead electricity prices is an active research field and available data from various markets can be used as…

Signal Processing · Electrical Eng. & Systems 2022-11-18 Salih Gunduz , Umut Ugurlu , Ilkay Oksuz

The Transformer is a highly successful deep learning model that has revolutionised the world of artificial neural networks, first in natural language processing and later in computer vision. This model is based on the attention mechanism…

Machine Learning · Computer Science 2023-05-09 Riccardo Ughi , Eugenio Lomurno , Matteo Matteucci

Resonant power converters offer improved levels of efficiency and power density. In order to implement such systems, advanced control techniques are required to take the most of the power converter. In this context, model predictive control…

Optimization and Control · Mathematics 2020-01-28 Sergio Lucia , Denis Navarro , Benjamin Karg , Hector Sarnago , Oscar Lucia

A thorough regulation of building energy systems translates in relevant energy savings and in a better comfort for the occupants. Algorithms to predict the thermal state of a building on a certain time horizon with a good confidence are…

Machine Learning · Computer Science 2023-11-01 Alfredo V Clemente , Alessandro Nocente , Massimiliano Ruocco

Electricity load forecasting for buildings and campuses is becoming increasingly important as the penetration of distributed energy resources (DERs) grows. Efficient operation and dispatch of DERs require reasonably accurate predictions of…

Signal Processing · Electrical Eng. & Systems 2021-12-20 Sakshi Mishra , Stephen M. Frank , Anya Petersen , Robert Buechler , Michelle Slovensky