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Electricity is bought and sold in wholesale markets at prices that fluctuate significantly. Short-term forecasting of electricity prices is an important endeavor because it helps electric utilities control risk and because it influences…

Computers and Society · Computer Science 2018-05-16 Elaheh Fata , Igor Kadota , Ian Schneider

For short-term solar irradiance forecasting, the traditional point forecasting methods are rendered less useful due to the non-stationary characteristic of solar power. The amount of operating reserves required to maintain reliable…

Machine Learning · Computer Science 2023-08-02 Sakshi Mishra , Praveen Palanisamy

This work addresses the challenge of short-term precipitation forecasting by applying Convolutional Long Short-Term Memory (ConvLSTM) neural networks to weather radar data from the Royal Netherlands Meteorological Institute (KNMI). The…

Machine Learning · Computer Science 2023-12-05 Petros Demetrakopoulos

Predicting the short-term power output of a photovoltaic panel is an important task for the efficient management of smart grids. Short-term forecasting at the minute scale, also known as nowcasting, can benefit from sky images captured by…

Computer Vision and Pattern Recognition · Computer Science 2018-10-16 Jinsong Zhang , Rodrigo Verschae , Shohei Nobuhara , Jean-François Lalonde

As an important part of the power system, power load forecasting directly affects the national economy. The data shows that improving the load forecasting accuracy by 0.01% can save millions of dollars for the power industry. Therefore,…

Machine Learning · Computer Science 2020-06-01 Zhifang Liao , Haihui Pan , Qi Zeng , Xiaoping Fan , Yan Zhang , Song Yu

Public charging station occupancy prediction plays key importance in developing a smart charging strategy to reduce electric vehicle (EV) operator and user inconvenience. However, existing studies are mainly based on conventional…

Machine Learning · Computer Science 2021-11-16 Tai-Yu Ma , Sébastien Faye

Short-term load forecasting (STLF) is challenging due to complex time series (TS) which express three seasonal patterns and a nonlinear trend. This paper proposes a novel hybrid hierarchical deep learning model that deals with multiple…

Machine Learning · Computer Science 2021-12-07 Slawek Smyl , Grzegorz Dudek , Paweł Pełka

A hybrid approach to numerical weather prediction is investigated, in which the unperturbed physics-based ECMWF Integrated Forecasting System (IFS) is spectrally nudged toward forecasts from a machine-learned weather forecast model, trained…

Atmospheric and Oceanic Physics · Physics 2026-04-27 I. Polichtchouk , M. C. A. Clare , M. Chantry , E. Gascón , M. Maier-Gerber , B. Vanniere , S. Lang

The accuracy of the household electricity consumption forecast is vital in taking better cost effective and energy efficient decisions. In order to design accurate, proper and efficient forecasting model, characteristics of the series have…

Statistical Finance · Quantitative Finance 2016-07-20 T. O. Benli

Integration of intermittent renewable energy sources into electric grids in large proportions is challenging. A well-established approach aimed at addressing this difficulty involves the anticipation of the upcoming energy supply…

Computer Vision and Pattern Recognition · Computer Science 2022-06-08 Quentin Paletta , Guillaume Arbod , Joan Lasenby

The accurate prediction of short-term electricity prices is vital for effective trading strategies, power plant scheduling, profit maximisation and efficient system operation. However, uncertainties in supply and demand make such…

Econometrics · Economics 2023-04-20 Mira Watermeyer , Thomas Möbius , Oliver Grothe , Felix Müsgens

Electrification of transport compounded with climate change will transform hourly load profiles and their response to weather. Power system operators and EV charging stakeholders require such high-resolution load profiles for their planning…

Systems and Control · Electrical Eng. & Systems 2024-03-08 Samrat Acharya , Malini Ghosal , Travis Thurber , Casey D. Burleyson , Yang Ou , Allison Campbell , Gokul Iyer , Nathalie Voisin , Jason Fuller

Accurate predictions of electricity demands are necessary for managing operations in a small aggregation load setting like a Microgrid. Due to low aggregation, the electricity demands can be highly stochastic and point estimates would lead…

Machine Learning · Computer Science 2025-11-10 Rohit Dube , Natarajan Gautam , Amarnath Banerjee , Harsha Nagarajan

Forecasting electricity demand is increasingly challenging as energy systems become more decentralized and intertwined with renewable sources. Graph Neural Networks (GNNs) have recently emerged as a powerful paradigm to model spatial…

Machine Learning · Computer Science 2025-11-04 Eloi Campagne , Yvenn Amara-Ouali , Yannig Goude , Itai Zehavi , Argyris Kalogeratos

Upcoming experiments such as the SKA will provide huge quantities of data. Fast modelling of the high-redshift 21cm signal will be crucial for efficiently comparing these data sets with theory. The most detailed theoretical predictions…

Cosmology and Nongalactic Astrophysics · Physics 2018-12-26 William D. Jennings , Catherine A. Watkinson , Filipe B. Abdalla , Jason D. McEwen

Nowadays, the use of soft computational techniques in power systems under the umbrella of machine learning is increasing with good reception. In this paper, we first present a deep learning approach to find the optimal configuration for…

Networking and Internet Architecture · Computer Science 2025-01-14 Davoud Yousefi , Hassan Yari , Farzad Osouli , Mohammad Ebrahimi , Somayeh Esmalifalak , Morteza Johari , Abbas Azarnezhad , Fatemeh Sadeghi , Rogayeh Mirzapour

A novel methodology for short-term energy forecasting using an Extreme Learning Machine ($\mathtt{ELM}$) is proposed. Using six years of hourly data collected in Corsica (France) from multiple energy sources (solar, wind, hydro, thermal,…

Probabilistic electricity price forecasting (PEPF) is vital for short-term electricity markets, yet the multivariate nature of day-ahead prices - spanning 24 consecutive hours - remains underexplored. At the same time, real-time…

Machine Learning · Statistics 2026-04-27 Simon Hirsch

The proliferation of intermittent distributed renewable energy sources (RES) in modern power systems has fundamentally compromised the reliability and accuracy of deterministic net load forecasting. Generative models, particularly diffusion…

Systems and Control · Electrical Eng. & Systems 2025-06-04 Yixiang Huang , Jianhua Pei , Luocheng Chen , Zhenchang Du , Jinfu Chen , Zirui Peng

In spite of its importance, passenger demand prediction is a highly challenging problem, because the demand is simultaneously influenced by the complex interactions among many spatial and temporal factors and other external factors such as…

Machine Learning · Computer Science 2019-05-15 Xiaoyuan Liang , Guiling Wang , Martin Renqiang Min , Yi Qi , Zhu Han