Download or read book Statistical Learning Tools for Electricity Load Forecasting written by Anestis Antoniadis and published by Birkhäuser. This book was released on 2024-09-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph explores a set of statistical and machine learning tools that can be effectively utilized for applied data analysis in the context of electricity load forecasting. Drawing on their substantial research and experience with forecasting electricity demand in industrial settings, the authors guide readers through several modern forecasting methods and tools from both industrial and applied perspectives – generalized additive models (GAMs), probabilistic GAMs, functional time series and wavelets, random forests, aggregation of experts, and mixed effects models. A collection of case studies based on sizable high-resolution datasets, together with relevant R packages, then illustrate the implementation of these techniques. Five real datasets at three different levels of aggregation (nation-wide, region-wide, or individual) from four different countries (UK, France, Ireland, and the USA) are utilized to study five problems: short-term point-wise forecasting, selection of relevant variables for prediction, construction of prediction bands, peak demand prediction, and use of individual consumer data. This text is intended for practitioners, researchers, and post-graduate students working on electricity load forecasting; it may also be of interest to applied academics or scientists wanting to learn about cutting-edge forecasting tools for application in other areas. Readers are assumed to be familiar with standard statistical concepts such as random variables, probability density functions, and expected values, and to possess some minimal modeling experience.
Download or read book Statistical Learning Tools for Electricity Load Forecasting written by Anestis Antoniadis and published by Springer Nature. This book was released on with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Core Concepts and Methods in Load Forecasting written by Stephen Haben and published by Springer Nature. This book was released on 2023-06-01 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive open access book enables readers to discover the essential techniques for load forecasting in electricity networks, particularly for active distribution networks. From statistical methods to deep learning and probabilistic approaches, the book covers a wide range of techniques and includes real-world applications and a worked examples using actual electricity data (including an example implemented through shared code). Advanced topics for further research are also included, as well as a detailed appendix on where to find data and additional reading. As the smart grid and low carbon economy continue to evolve, the proper development of forecasting methods is vital. This book is a must-read for students, industry professionals, and anyone interested in forecasting for smart control applications, demand-side response, energy markets, and renewable utilization.
Download or read book Modeling and Forecasting Electricity Loads and Prices written by Rafal Weron and published by John Wiley & Sons. This book was released on 2007-01-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes—electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. Modeling and Forecasting Electricity Loads and Prices is packaged with a CD containing both the data and detailed examples of implementation of different techniques in Matlab, with additional examples in SAS. A reader can retrace all the intermediate steps of a practical implementation of a model and test his understanding of the method and correctness of the computer code using the same input data. The book will be of particular interest to the quants employed by the utilities, independent power generators and marketers, energy trading desks of the hedge funds and financial institutions, and the executives attending courses designed to help them to brush up on their technical skills. The text will be also of use to graduate students in electrical engineering, econometrics and finance wanting to get a grip on advanced statistical tools applied in this hot area. In fact, there are sixteen Case Studies in the book making it a self-contained tutorial to electricity load and price modeling and forecasting.
Download or read book Forecasting and Assessing Risk of Individual Electricity Peaks written by Maria Jacob and published by Springer Nature. This book was released on 2019-09-25 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching aim of this open access book is to present self-contained theory and algorithms for investigation and prediction of electric demand peaks. A cross-section of popular demand forecasting algorithms from statistics, machine learning and mathematics is presented, followed by extreme value theory techniques with examples. In order to achieve carbon targets, good forecasts of peaks are essential. For instance, shifting demand or charging battery depends on correct demand predictions in time. Majority of forecasting algorithms historically were focused on average load prediction. In order to model the peaks, methods from extreme value theory are applied. This allows us to study extremes without making any assumption on the central parts of demand distribution and to predict beyond the range of available data. While applied on individual loads, the techniques described in this book can be extended naturally to substations, or to commercial settings. Extreme value theory techniques presented can be also used across other disciplines, for example for predicting heavy rainfalls, wind speed, solar radiation and extreme weather events. The book is intended for students, academics, engineers and professionals that are interested in short term load prediction, energy data analytics, battery control, demand side response and data science in general.
Download or read book Short Term Load Forecasting by Artificial Intelligent Technologies written by Wei-Chiang Hong and published by MDPI. This book was released on 2019-01-29 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Short-Term Load Forecasting by Artificial Intelligent Technologies" that was published in Energies
Download or read book Machine Learning Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2011-07-31 with total page 2174 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This reference offers a wide-ranging selection of key research in a complex field of study,discussing topics ranging from using machine learning to improve the effectiveness of agents and multi-agent systems to developing machine learning software for high frequency trading in financial markets"--Provided by publishe
Download or read book Electrical Load Forecasting written by S.A. Soliman and published by Elsevier. This book was released on 2010-05-26 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Succinct and understandable, this book is a step-by-step guide to the mathematics and construction of electrical load forecasting models. Written by one of the world’s foremost experts on the subject, Electrical Load Forecasting provides a brief discussion of algorithms, their advantages and disadvantages and when they are best utilized. The book begins with a good description of the basic theory and models needed to truly understand how the models are prepared so that they are not just blindly plugging and chugging numbers. This is followed by a clear and rigorous exposition of the statistical techniques and algorithms such as regression, neural networks, fuzzy logic, and expert systems. The book is also supported by an online computer program that allows readers to construct, validate, and run short and long term models. Step-by-step guide to model construction Construct, verify, and run short and long term models Accurately evaluate load shape and pricing Creat regional specific electrical load models
Download or read book On Short Term Load Forecasting Using Machine Learning Techniques written by Behnam Farsi and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since electricity plays a crucial role in industrial infrastructures of countries, power companies are trying to monitor and control infrastructures to improve energy management, scheduling and develop efficiency plans. Smart Grids are an example of critical infrastructure which can lead to huge advantages such as providing higher resilience and reducing maintenance cost. Due to the nonlinear nature of electric load data there are high levels of uncertainties in predicting future load. Accurate forecasting is a critical task for stable and efficient energy supply, where load and supply are matched. However, this non-linear nature of loads presents significant challenges for forecasting. Many studies have been carried out on different algorithms for electricity load forecasting including; Deep Neural Networks, Regression-based methods, ARIMA and seasonal ARIMA (SARIMA) which among the most popular ones. This thesis discusses various algorithms analyze their performance for short-term load forecasting. In addition, a new hybrid deep learning model which combines long short-term memory (LSTM) and a convolutional neural network (CNN) has been proposed to carry out load forecasting without using any exogenous variables. The difference between our proposed model and previously hybrid CNN-LSTM models is that in those models, CNN is usually used to extract features while our proposed model focuses on the existing connection between LSTM and CNN. This methodology helps to increase the model's accuracy since the trend analysis and feature extraction process are accomplished, respectively, and they have no effect on each other during these processes. Two real-world data sets, namely "hourly load consumption of Malaysia" as well as "daily power electric consumption of Germany", are used to test and compare the presented models. To evaluate the performance of the tested models, root mean squared error (RMSE), mean absolute percentage error (MAPE) and R-squared were used. The results show that deep neural networks models are good candidates for being used as short-term prediction tools. Moreover, the proposed model improved the accuracy from 83.17\% for LSTM to 91.18\% for the German data. Likewise, the proposed model's accuracy in Malaysian case is 98.23\% which is an excellent result in load forecasting. In total, this thesis is divided into two parts, first part tries to find the best technique for short-term load forecasting, and then in second part the performance of the best technique is discussed. Since the proposed model has the best performance in the first part, this model is challenged to predict the load data of next day, next two days and next 10 days of Malaysian data set as well as next 7 days, next 10 days and next 30 days of German data set. The results show that the proposed model also has performed well where the accuracy of 10 days ahead of Malaysian data is 94.16\% and 30 days ahead of German data is 82.19\%. Since both German and Malaysian data sets are highly aggregated data, a data set from a research building in France is used to challenge the proposed model's performance. The average accuracy from the French experiment is almost 77\% which is reasonable for such a complex data without using any auxiliary variables. However, as Malaysian data and French data includes hourly weather data, the performance of the model after adding weather is evaluated to compare them before using weather data. Results show that weather data can have a positive influence on the model. These results show the strength of the proposed model and how much it is stable in front of some challenging tasks such as forecasting in different time horizons using two different data sets and working with complex data.
Download or read book Application of Machine Learning and Deep Learning Methods to Power System Problems written by Morteza Nazari-Heris and published by Springer Nature. This book was released on 2021-11-21 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book evaluates the role of innovative machine learning and deep learning methods in dealing with power system issues, concentrating on recent developments and advances that improve planning, operation, and control of power systems. Cutting-edge case studies from around the world consider prediction, classification, clustering, and fault/event detection in power systems, providing effective and promising solutions for many novel challenges faced by power system operators. Written by leading experts, the book will be an ideal resource for researchers and engineers working in the electrical power engineering and power system planning communities, as well as students in advanced graduate-level courses.
Download or read book Symbolic and Connectionist Machine Learning Techniques for Short term Electric Load Forecasting written by Jayendar Rajagopalan and published by . This book was released on 1993 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nature Inspired Computing Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2016-07-26 with total page 1810 pages. Available in PDF, EPUB and Kindle. Book excerpt: As technology continues to become more sophisticated, mimicking natural processes and phenomena also becomes more of a reality. Continued research in the field of natural computing enables an understanding of the world around us, in addition to opportunities for man-made computing to mirror the natural processes and systems that have existed for centuries. Nature-Inspired Computing: Concepts, Methodologies, Tools, and Applications takes an interdisciplinary approach to the topic of natural computing, including emerging technologies being developed for the purpose of simulating natural phenomena, applications across industries, and the future outlook of biologically and nature-inspired technologies. Emphasizing critical research in a comprehensive multi-volume set, this publication is designed for use by IT professionals, researchers, and graduate students studying intelligent computing.
Download or read book Machine Intelligence Tools and Applications written by Satchidananda Dehuri and published by Springer Nature. This book was released on with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advances in Computing Systems and Applications written by Mustapha Reda Senouci and published by Springer Nature. This book was released on 2021-02-20 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings book gathers selected papers presented at the 4th Conference on Computing Systems and Applications (CSA2020) held on December 14, 2020, at the Ecole Militaire Polytechnique, Algiers, Algeria. The proceedings provide a collection of new ideas, original research findings, and experimental results in the field of computer science covering: artificial intelligence, data science, computer networks and security, information systems, software engineering, and computer graphics. The proceedings are a valuable reference work for students, researchers, academics, and industry practitioners interested in the latest scientific and technological advances across the conference topics. Benefits: • Explores the latest research trends and their applications in a broad range of computer science disciplines • Presents a collection of contributions in emerging topics in computer science and information technology • Covers artificial intelligence, data science, computer networks and security, information systems, software engineering, and computer graphics
Download or read book Selected Papers from IIKII 2019 conferences in Symmetry written by Teen-Hang Meen and published by MDPI. This book was released on 2020-12-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Institute of Knowledge Innovation and Invention (IIKII, http://www.iikii.org) promotes the exchange of innovations and inventions and establishes a communication platform for international innovations and research. In 2019, IIKII cooperates with the IEEE Tainan Section Sensors Council to hold IEEE conferences, such as IEEE ICIASE 2019, IEEE ECBIOS 2019, IEEE ICKII 2019, ICUSA-GAME 2019, and IEEE ECICE 2019. This Special Issue, entitled "Selected Papers from IIKII 2019 conferences", aims to showcase outstanding papers from IIKII 2019 conferences, including symmetry in physics, chemistry, biology, mathematics, and computer science, etc. It selected 21 outstanding papers from 750 papers presented in IIKII 2019 conferences on the topic of symmetry. The main goals of this Special Issue are to encourage scientists to publish their experimental and theoretical results in as much detail as possible, and to discover new scientific knowledge relevant to the topic of symmetry.
Download or read book Modeling and Stochastic Learning for Forecasting in High Dimensions written by Anestis Antoniadis and published by Springer. This book was released on 2015-06-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in this volume stress the need for advances in theoretical understanding to go hand-in-hand with the widespread practical application of forecasting in industry. Forecasting and time series prediction have enjoyed considerable attention over the last few decades, fostered by impressive advances in observational capabilities and measurement procedures. On June 5-7, 2013, an international Workshop on Industry Practices for Forecasting was held in Paris, France, organized and supported by the OSIRIS Department of Electricité de France Research and Development Division. In keeping with tradition, both theoretical statistical results and practical contributions on this active field of statistical research and on forecasting issues in a rapidly evolving industrial environment are presented. The volume reflects the broad spectrum of the conference, including 16 articles contributed by specialists in various areas. The material compiled is broad in scope and ranges from new findings on forecasting in industry and in time series, on nonparametric and functional methods and on on-line machine learning for forecasting, to the latest developments in tools for high dimension and complex data analysis.
Download or read book Applied Mathematics for Restructured Electric Power Systems written by Joe H. Chow and published by Springer Science & Business Media. This book was released on 2004-11-09 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Mathematics for Restructured Electric Power Systems: Optimization, Control, and Computational Intelligence consists of chapters based on work presented at a National Science Foundation workshop organized in November 2003. The theme of the workshop was the use of applied mathematics to solve challenging power system problems. The areas included control, optimization, and computational intelligence. In addition to the introductory chapter, this book includes 12 chapters written by renowned experts in their respected fields. Each chapter follows a three-part format: (1) a description of an important power system problem or problems, (2) the current practice and/or particular research approaches, and (3) future research directions. Collectively, the technical areas discussed are voltage and oscillatory stability, power system security margins, hierarchical and decentralized control, stability monitoring, embedded optimization, neural network control with adaptive critic architecture, control tuning using genetic algorithms, and load forecasting and component prediction. This volume is intended for power systems researchers and professionals charged with solving electric and power system problems.
