Short Term Load Forecasting 2019

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Short-Term Load Forecasting 2019

Short-term load forecasting (STLF) plays a key role in the formulation of economic, reliable, and secure operating strategies (planning, scheduling, maintenance, and control processes, among others) for a power system and will be significant in the future. However, there is still much to do in these research areas. The deployment of enabling technologies (e.g., smart meters) has made high-granularity data available for many customer segments and to approach many issues, for instance, to make forecasting tasks feasible at several demand aggregation levels. The first challenge is the improvement of STLF models and their performance at new aggregation levels. Moreover, the mix of renewables in the power system, and the necessity to include more flexibility through demand response initiatives have introduced greater uncertainties, which means new challenges for STLF in a more dynamic power system in the 2030–50 horizon. Many techniques have been proposed and applied for STLF, including traditional statistical models and AI techniques. Besides, distribution planning needs, as well as grid modernization, have initiated the development of hierarchical load forecasting. Analogously, the need to face new sources of uncertainty in the power system is giving more importance to probabilistic load forecasting. This Special Issue deals with both fundamental research and practical application research on STLF methodologies to face the challenges of a more distributed and customer-centered power system.
Recurrent Neural Networks for Short-Term Load Forecasting

The key component in forecasting demand and consumption of resources in a supply network is an accurate prediction of real-valued time series. Indeed, both service interruptions and resource waste can be reduced with the implementation of an effective forecasting system. Significant research has thus been devoted to the design and development of methodologies for short term load forecasting over the past decades. A class of mathematical models, called Recurrent Neural Networks, are nowadays gaining renewed interest among researchers and they are replacing many practical implementations of the forecasting systems, previously based on static methods. Despite the undeniable expressive power of these architectures, their recurrent nature complicates their understanding and poses challenges in the training procedures. Recently, new important families of recurrent architectures have emerged and their applicability in the context of load forecasting has not been investigated completely yet. This work performs a comparative study on the problem of Short-Term Load Forecast, by using different classes of state-of-the-art Recurrent Neural Networks. The authors test the reviewed models first on controlled synthetic tasks and then on different real datasets, covering important practical cases of study. The text also provides a general overview of the most important architectures and defines guidelines for configuring the recurrent networks to predict real-valued time series.
Intelligent Renewable Energy Systems

Author: Neeraj Priyadarshi
language: en
Publisher: John Wiley & Sons
Release Date: 2021-12-29
INTELLIGENT RENEWABLE ENERGY SYSTEMS This collection of papers on artificial intelligence and other methods for improving renewable energy systems, written by industry experts, is a reflection of the state of the art, a must-have for engineers, maintenance personnel, students, and anyone else wanting to stay abreast with current energy systems concepts and technology. Renewable energy is one of the most important subjects being studied, researched, and advanced in today’s world. From a macro level, like the stabilization of the entire world’s economy, to the micro level, like how you are going to heat or cool your home tonight, energy, specifically renewable energy, is on the forefront of the discussion. This book illustrates modelling, simulation, design and control of renewable energy systems employed with recent artificial intelligence (AI) and optimization techniques for performance enhancement. Current renewable energy sources have less power conversion efficiency because of its intermittent and fluctuating behavior. Therefore, in this regard, the recent AI and optimization techniques are able to deal with data ambiguity, noise, imprecision, and nonlinear behavior of renewable energy sources more efficiently compared to classical soft computing techniques. This book provides an extensive analysis of recent state of the art AI and optimization techniques applied to green energy systems. Subsequently, researchers, industry persons, undergraduate and graduate students involved in green energy will greatly benefit from this comprehensive volume, a must-have for any library. Audience Engineers, scientists, managers, researchers, students, and other professionals working in the field of renewable energy.