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Electrical Load Forecasting

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Electrical Load Forecasting

Electrical Load Forecasting Book
Author : S.A. Soliman,Ahmad Mohammad Al-Kandari
Publisher : Elsevier
Release : 2010-05-26
ISBN : 9780123815446
Language : En, Es, Fr & De

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Book Description :

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

Energy Management

Energy Management Book
Author : Valentin A. Boicea
Publisher : CRC Press
Release : 2021-06-27
ISBN : 1000437817
Language : En, Es, Fr & De

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Book Description :

This book introduces the principle of carrying out a medium-term load forecast (MTLF) at power system level, based on the Big Data concept and Convolutionary Neural Network (CNNs). It also presents further research directions in the field of Deep Learning techniques and Big Data, as well as how these two concepts are used in power engineering. Efficient processing and accuracy of Big Data in the load forecast in power engineering leads to a significant improvement in the consumption pattern of the client and, implicitly, a better consumer awareness. At the same time, new energy services and new lines of business can be developed. The book will be of interest to electrical engineers, power engineers, and energy services professionals.

Spatial Electric Load Forecasting

Spatial Electric Load Forecasting Book
Author : H. Lee Willis
Publisher : CRC Press
Release : 2002-08-09
ISBN : 9780203910764
Language : En, Es, Fr & De

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Book Description :

Containing 12 new chapters, this second edition offers increased coverage of weather correction and normalization of forecasts, anticipation of redevelopment, determining the validity of announced developments, and minimizing risk from over- or under-planning. It provides specific examples and detailed explanations of key points to consider for both standard and unusual utility forecasting situations, information on new algorithms and concepts in forecasting, a review of forecasting pitfalls and mistakes, case studies depicting challenging forecast environments, and load models illustrating various types of demand.

Power System Planning Technologies and Applications Concepts Solutions and Management

Power System Planning Technologies and Applications  Concepts  Solutions and Management Book
Author : Elkarmi, Fawwaz
Publisher : IGI Global
Release : 2012-02-29
ISBN : 1466601744
Language : En, Es, Fr & De

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Book Description :

"This book focuses on the technical planning of power systems, taking into account technological evolutions in equipment as well as the economic, financial, and societal factors that drive supply and demand and have implications for technical planning at the micro level"--Provided by publisher.

Applied Mathematics for Restructured Electric Power Systems

Applied Mathematics for Restructured Electric Power Systems Book
Author : Joe H. Chow,Felix F. Wu,James A. Momoh
Publisher : Springer Science & Business Media
Release : 2006-06-03
ISBN : 0387234713
Language : En, Es, Fr & De

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Book Description :

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.

Advances in Data Mining Knowledge Discovery and Applications

Advances in Data Mining Knowledge Discovery and Applications Book
Author : Adem Karahoca
Publisher : BoD – Books on Demand
Release : 2012-09-12
ISBN : 9535107488
Language : En, Es, Fr & De

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Book Description :

Advances in Data Mining Knowledge Discovery and Applications aims to help data miners, researchers, scholars, and PhD students who wish to apply data mining techniques. The primary contribution of this book is highlighting frontier fields and implementations of the knowledge discovery and data mining. It seems to be same things are repeated again. But in general, same approach and techniques may help us in different fields and expertise areas. This book presents knowledge discovery and data mining applications in two different sections. As known that, data mining covers areas of statistics, machine learning, data management and databases, pattern recognition, artificial intelligence, and other areas. In this book, most of the areas are covered with different data mining applications. The eighteen chapters have been classified in two parts: Knowledge Discovery and Data Mining Applications.

Trends in Neural Computation

Trends in Neural Computation Book
Author : Ke Chen,Lipo Wang
Publisher : Springer Science & Business Media
Release : 2006-10-26
ISBN : 3540361219
Language : En, Es, Fr & De

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Book Description :

Trends in Neural Computation includes twenty chapters contributed by leading experts or formed by extending well-selected papers presented in the 2005 International Conference on Natural Computation. The book reviews the latest progress in a range of different areas of neural computation, including theoretical neural computation, biologically plausible neural modeling, computational cognitive science, artificial neural networks – architectures and learning algorithms and their applications in real-world problems.

Modeling and Forecasting Electricity Loads and Prices

Modeling and Forecasting Electricity Loads and Prices Book
Author : Rafal Weron
Publisher : John Wiley & Sons
Release : 2007-01-30
ISBN : 0470059990
Language : En, Es, Fr & De

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Book Description :

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.

Short Term Load Forecasting 2019

Short Term Load Forecasting 2019 Book
Author : Antonio Gabaldón,María Carmen Ruiz-Abellón,Luis Alfredo Fernández-Jiménez
Publisher : MDPI
Release : 2021-02-26
ISBN : 303943442X
Language : En, Es, Fr & De

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Book Description :

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.

Forecasting and Assessing Risk of Individual Electricity Peaks

Forecasting and Assessing Risk of Individual Electricity Peaks Book
Author : Maria Jacob,Cláudia Neves,Danica Vukadinović Greetham
Publisher : Springer Nature
Release : 2019-09-25
ISBN : 303028669X
Language : En, Es, Fr & De

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Book Description :

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.

Electric Power Systems

Electric Power Systems Book
Author : João P. S. Catalão
Publisher : CRC Press
Release : 2017-12-19
ISBN : 1439893969
Language : En, Es, Fr & De

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Book Description :

Electric Power Systems: Advanced Forecasting Techniques and Optimal Generation Scheduling helps readers develop their skills in modeling, simulating, and optimizing electric power systems. Carefully balancing theory and practice, it presents novel, cutting-edge developments in forecasting and scheduling. The focus is on understanding and solving pivotal problems in the management of electric power generation systems. Methods for Coping with Uncertainty and Risk in Electric Power Generation Outlining real-world problems, the book begins with an overview of electric power generation systems. Since the ability to cope with uncertainty and risk is crucial for power generating companies, the second part of the book examines the latest methods and models for self-scheduling, load forecasting, short-term electricity price forecasting, and wind power forecasting. Toward Optimal Coordination between Hydro, Thermal, and Wind Power Using case studies, the third part of the book investigates how to achieve the most favorable use of available energy sources. Chapters in this section discuss price-based scheduling for generating companies, optimal scheduling of a hydro producer, hydro-thermal coordination, unit commitment with wind generators, and optimal optimization of multigeneration systems. Written in a pedagogical style that will appeal to graduate students, the book also expands on research results that are useful for engineers and researchers. It presents the latest techniques in increasingly important areas of power system operations and planning.

Forecasting in Mathematics

Forecasting in Mathematics Book
Author : Abdo Abou Jaoude
Publisher : BoD – Books on Demand
Release : 2021-01-27
ISBN : 1838808256
Language : En, Es, Fr & De

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Book Description :

Mathematical probability and statistics are an attractive, thriving, and respectable part of mathematics. Some mathematicians and philosophers of science say they are the gateway to mathematics’ deepest mysteries. Moreover, mathematical statistics denotes an accumulation of mathematical discussions connected with efforts to most efficiently collect and use numerical data subject to random or deterministic variations. Currently, the concept of probability and mathematical statistics has become one of the fundamental notions of modern science and the philosophy of nature. This book is an illustration of the use of mathematics to solve specific problems in engineering, statistics, and science in general.

Technological Innovation for Cyber Physical Systems

Technological Innovation for Cyber Physical Systems Book
Author : Luis M. Camarinha-Matos,António J. Falcão,Nazanin Vafaei,Shirin Najdi
Publisher : Springer
Release : 2016-03-24
ISBN : 3319311654
Language : En, Es, Fr & De

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Book Description :

This book constitutes the refereed proceedings of the 7th IFIP WG 5.5/SOCOLNET Advanced Doctoral Conference on Computing, Electrical and Industrial Systems, DoCEIS 2016, held in Costa de Caparica, Portugal, in April 2016. The 53 revised full papers were carefully reviewed and selected from 112 submissions. The papers present selected results produced in engineering doctoral programs and focus on research, development, and application of cyber-physical systems. Research results and ongoing work are presented, illustrated and discussed in the following areas: enterprise collaborative networks; ontologies; Petri nets; manufacturing systems; biomedical applications; intelligent environments; control and fault tolerance; optimization and decision support; wireless technologies; energy: smart grids, renewables, management, and optimization; bio-energy; and electronics.

Advances in Electric Power and Energy Systems

Advances in Electric Power and Energy Systems Book
Author : Mohamed E. El-Hawary
Publisher : John Wiley & Sons
Release : 2017-07-12
ISBN : 1118171349
Language : En, Es, Fr & De

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Book Description :

A comprehensive review of state-of-the-art approaches to power systems forecasting from the most respected names in the field, internationally Advances in Electric Power and Energy Systems is the first book devoted exclusively to a subject of increasing urgency to power systems planning and operations. Written for practicing engineers, researchers, and post-grads concerned with power systems planning and forecasting, this book brings together contributions from many of the world’s foremost names in the field who address a range of critical issues, from forecasting power system load to power system pricing to post-storm service restoration times, river flow forecasting, and more. In a time of ever-increasing energy demands, mounting concerns over the environmental impacts of power generation, and the emergence of new, smart-grid technologies, electricity price forecasting has assumed a prominent role within both the academic and industrial arenas. Short-run forecasting of electricity prices has become necessary for power generation unit schedule, since it is the basis of every maximization strategy. This book fills a gap in the literature on this increasingly important topic. Following an introductory chapter offering background information necessary for a full understanding of the forecasting issues covered, this book: Introduces advanced methods of time series forecasting, as well as neural networks Provides in-depth coverage of state-of-the-art power system load forecasting and electricity price forecasting Addresses river flow forecasting based on autonomous neural network models Deals with price forecasting in a competitive market Includes estimation of post-storm restoration times for electric power distribution systems Features contributions from world-renowned experts sharing their insights and expertise in a series of self-contained chapters Advances in Electric Power and Energy Systems is a valuable resource for practicing engineers, regulators, planners, and consultants working in or concerned with the electric power industry. It is also a must read for senior undergraduates, graduate students, and researchers involved in power system planning and operation.

Market Operations in Electric Power Systems

Market Operations in Electric Power Systems Book
Author : Mohammad Shahidehpour,Hatim Yamin,Zuyi Li
Publisher : John Wiley & Sons
Release : 2003-05-28
ISBN : 0471463949
Language : En, Es, Fr & De

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Book Description :

An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.

Recurrent Neural Networks for Short Term Load Forecasting

Recurrent Neural Networks for Short Term Load Forecasting Book
Author : Filippo Maria Bianchi,Enrico Maiorino,Michael C. Kampffmeyer,Antonello Rizzi,Robert Jenssen
Publisher : Springer
Release : 2017-11-09
ISBN : 3319703382
Language : En, Es, Fr & De

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Book Description :

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

Intelligent Renewable Energy Systems Book
Author : Neeraj Priyadarshi,Akash Kumar Bhoi,Sanjeevikumar Padmanaban,S. Balamurugan,Jens Bo Holm-Nielsen
Publisher : John Wiley & Sons
Release : 2022-01-19
ISBN : 1119786274
Language : En, Es, Fr & De

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Book Description :

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.

Short Term Load Forecasting by Artificial Intelligent Technologies

Short Term Load Forecasting by Artificial Intelligent Technologies Book
Author : Wei-Chiang Hong,Ming-Wei Li,Guo-Feng Fan
Publisher : MDPI
Release : 2019-01-29
ISBN : 3038975826
Language : En, Es, Fr & De

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Book Description :

This book is a printed edition of the Special Issue "Short-Term Load Forecasting by Artificial Intelligent Technologies" that was published in Energies

Intelligent Computing and Information Science

Intelligent Computing and Information Science Book
Author : Ran Chen
Publisher : Springer
Release : 2010-12-17
ISBN : 3642181295
Language : En, Es, Fr & De

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Book Description :

This two-volume set (CCIS 134 and CCIS 135) constitutes the refereed proceedings of the International Conference on Intelligent Computing and Information Science, ICICIS2011, held in Chongqing, China, in January 2011. The 226 revised full papers presented in both volumes, CCIS 134 and CCIS 135, were carefully reviewed and selected from over 600 initial submissions. The papers provide the reader with a broad overview of the latest advances in the field of intelligent computing and information science.

Proceedings of Sixth International Congress on Information and Communication Technology

Proceedings of Sixth International Congress on Information and Communication Technology Book
Author : Xin-She Yang,Simon Sherratt,Nilanjan Dey,Amit Joshi
Publisher : Springer Nature
Release : 2021-09-09
ISBN : 9811617813
Language : En, Es, Fr & De

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Book Description :

This book gathers selected high-quality research papers presented at the Sixth International Congress on Information and Communication Technology, held at Brunel University, London, on February 25–26, 2021. It discusses emerging topics pertaining to information and communication technology (ICT) for managerial applications, e-governance, e-agriculture, e-education and computing technologies, the Internet of things (IoT) and e-mining. Written by respected experts and researchers working on ICT, the book offers a valuable asset for young researchers involved in advanced studies. The book is presented in four volumes.