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Keeping the electricity production in balance with the actual demand is becoming a difficult and expensive task in spite of an involvement of experienced human operators. This is due to the increasing complexity of the electric power grid…

应用统计 · 统计学 2019-02-05 Tárik S. Salem , Karan Kathuria , Heri Ramampiaro , Helge Langseth

Renewable electricity generation has grown significantly across many European power systems, leading to a greener energy mix, but also additional complexity in balancing electricity supply and demand. Unexpected differences between…

系统与控制 · 电气工程与系统科学 2026-05-19 Arnaud Verstraeten , Maria Margarida Mascarenhas , Hussain Kazmi

The exponential growth of renewable energy capacity has brought much uncertainty to electricity prices and to electricity generation. To address this challenge, the energy exchanges have been developing further trading possibilities,…

统计金融 · 定量金融 2022-05-24 Michał Narajewski

Forecasting imbalance prices is essential for strategic participation in the short-term energy markets. A novel two-step probabilistic approach is proposed, with a particular focus on the Belgian case. The first step consists of computing…

This paper examines the relationship between system imbalance and several explanatory variables within the French electricity system. The factors considered include lagged imbalance values, observations of renewable energy sources (RES)…

系统与控制 · 电气工程与系统科学 2025-07-14 Jonathan Dumas , Sébastien Finet , Nathalie Grisey , Ibtissam Hamdane , Paul Plessiez

Transmission System Operators (TSOs) rely on balancing energy provided by Balancing Service Providers (BSPs) to maintain the supply-demand balance in real time. Balance Responsible Parties (BRPs) can simultaneously deviate from their…

系统与控制 · 电气工程与系统科学 2025-05-21 Seyed Soroush Karimi Madahi , Kenneth Bruninx , Bert Claessens , Chris Develder

Time-series forecasting plays an important role in many domains. Boosted by the advances in Deep Learning algorithms, it has for instance been used to predict wind power for eolic energy production, stock market fluctuations, or motor…

机器学习 · 计算机科学 2021-07-23 Luis P. Silvestrin , Leonardos Pantiskas , Mark Hoogendoorn

The growing reliance on renewable energy sources, particularly solar and wind, has introduced challenges due to their uncontrollable production. This complicates maintaining the electrical grid balance, prompting some transmission system…

系统与控制 · 电气工程与系统科学 2025-04-18 Fabio Pavirani , Jonas Van Gompel , Seyed Soroush Karimi Madahi , Bert Claessens , Chris Develder

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,…

统计方法学 · 统计学 2022-01-04 Michele Azzone , Roberto Baviera

Accurate and efficient imbalance electricity price forecasting is critical for industrial energy trading systems, especially as battery assets and automated bidding pipelines increasingly participate in balancing markets. However, real-time…

Contemporary power grids are being challenged by rapid voltage fluctuations that are caused by large-scale deployment of renewable generation, electric vehicles, and demand response programs. In this context, monitoring the grid's operating…

机器学习 · 计算机科学 2019-09-04 Liang Zhang , Gang Wang , Georgios B. Giannakis

Accurate prediction of non-dispatchable renewable energy sources is essential for grid stability and price prediction. Regional power supply forecasts are usually indirect through a bottom-up approach of plant-level forecasts, incorporate…

信号处理 · 电气工程与系统科学 2026-02-24 Eloi Lindas , Yannig Goude , Philippe Ciais

Uncertainty analysis in the form of probabilistic forecasting can significantly improve decision making processes in the smart power grid for better integrating renewable energy sources such as wind. Whereas point forecasting provides a…

机器学习 · 统计学 2017-10-05 Kostas Hatalis , Alberto J. Lamadrid , Katya Scheinberg , Shalinee Kishore

Renewable Energies (RES) penetration is progressing rapidly: in France, the installed capacity of photovoltaic (PV) power rose from 26MW in 2007 to 8GW in 2017 [1]. Power generated by PV plants being highly dependent on variable weather…

应用统计 · 统计学 2019-10-15 Kevin Bellinguer , Robin Girard , Guillaume Bontron , Georges Kariniotakis

Short-term forecasts of energy consumption are invaluable for the operation of energy systems, including low voltage electricity networks. However, network loads are challenging to predict when highly desegregated to small numbers of…

应用统计 · 统计学 2023-01-10 Ciaran Gilbert , Jethro Browell , Bruce Stephen

Power grids play a very important role in delivering electrical energy to homes, industries and other places that require it. Because of this increased demand they are facing a great challenge of voltage variations. This happens due to…

信号处理 · 电气工程与系统科学 2021-06-25 Sahil Vohra

Time Series Classification (TSC) has drawn a lot of attention in literature because of its broad range of applications for different domains, such as medical data mining, weather forecasting. Although TSC algorithms are designed for…

机器学习 · 计算机科学 2021-10-12 Syed Rawshon Jamil

The imbalance costs incurred by a stochastic power producer due to forecast production errors have a significant impact on its total profit and therefore, such an impact needs to be taken into account when evaluating investment decisions.…

最优化与控制 · 数学 2014-02-20 Salvador Pineda , Juan Miguel Morales

Maintaining system balance becomes increasingly challenging as market design and grid capacity enhancement lag behind the growing share of renewables, requiring greater effort from both the transmission system operator (TSO) and the Balance…

系统与控制 · 电气工程与系统科学 2025-11-19 Hang Thanh Nguyen , Bart Van Der Holst , Phuong Hong Nguyen , Koen Kok

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.…

机器学习 · 计算机科学 2021-09-28 Elahe Khoshbakhti Vaygan , Roozbeh Rajabi , Abouzar Estebsari
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