Advanced Models of Energy Forecasting

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Author :
Publisher : Frontiers Media SA
ISBN 13 : 283250681X
Total Pages : 200 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Advanced Models of Energy Forecasting by : Xun Zhang

Download or read book Advanced Models of Energy Forecasting written by Xun Zhang and published by Frontiers Media SA. This book was released on 2022-11-23 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hybrid Advanced Techniques for Forecasting in Energy Sector

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Author :
Publisher : MDPI
ISBN 13 : 3038972908
Total Pages : 251 pages
Book Rating : 4.0/5 (389 download)

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Book Synopsis Hybrid Advanced Techniques for Forecasting in Energy Sector by : Wei-Chiang Hong

Download or read book Hybrid Advanced Techniques for Forecasting in Energy Sector written by Wei-Chiang Hong and published by MDPI. This book was released on 2018-10-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Hybrid Advanced Techniques for Forecasting in Energy Sector" that was published in Energies

Renewable Energy Forecasting

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Publisher : Woodhead Publishing
ISBN 13 : 0081005059
Total Pages : 386 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis Renewable Energy Forecasting by : Georges Kariniotakis

Download or read book Renewable Energy Forecasting written by Georges Kariniotakis and published by Woodhead Publishing. This book was released on 2017-09-29 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable Energy Forecasting: From Models to Applications provides an overview of the state-of-the-art of renewable energy forecasting technology and its applications. After an introduction to the principles of meteorology and renewable energy generation, groups of chapters address forecasting models, very short-term forecasting, forecasting of extremes, and longer term forecasting. The final part of the book focuses on important applications of forecasting for power system management and in energy markets. Due to shrinking fossil fuel reserves and concerns about climate change, renewable energy holds an increasing share of the energy mix. Solar, wind, wave, and hydro energy are dependent on highly variable weather conditions, so their increased penetration will lead to strong fluctuations in the power injected into the electricity grid, which needs to be managed. Reliable, high quality forecasts of renewable power generation are therefore essential for the smooth integration of large amounts of solar, wind, wave, and hydropower into the grid as well as for the profitability and effectiveness of such renewable energy projects. Offers comprehensive coverage of wind, solar, wave, and hydropower forecasting in one convenient volume Addresses a topic that is growing in importance, given the increasing penetration of renewable energy in many countries Reviews state-of-the-science techniques for renewable energy forecasting Contains chapters on operational applications

Advanced Statistical Modeling, Forecasting, and Fault Detection in Renewable Energy Systems

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Author :
Publisher : BoD – Books on Demand
ISBN 13 : 1838800913
Total Pages : 212 pages
Book Rating : 4.8/5 (388 download)

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Book Synopsis Advanced Statistical Modeling, Forecasting, and Fault Detection in Renewable Energy Systems by : Fouzi Harrou

Download or read book Advanced Statistical Modeling, Forecasting, and Fault Detection in Renewable Energy Systems written by Fouzi Harrou and published by BoD – Books on Demand. This book was released on 2020-04-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fault detection, control, and forecasting have a vital role in renewable energy systems (Photovoltaics (PV) and wind turbines (WTs)) to improve their productivity, ef?ciency, and safety, and to avoid expensive maintenance. For instance, the main crucial and challenging issue in solar and wind energy production is the volatility of intermittent power generation due mainly to weather conditions. This fact usually limits the integration of PV systems and WTs into the power grid. Hence, accurately forecasting power generation in PV and WTs is of great importance for daily/hourly efficient management of power grid production, delivery, and storage, as well as for decision-making on the energy market. Also, accurate and prompt fault detection and diagnosis strategies are required to improve efficiencies of renewable energy systems, avoid the high cost of maintenance, and reduce risks of fire hazards, which could affect both personnel and installed equipment. This book intends to provide the reader with advanced statistical modeling, forecasting, and fault detection techniques in renewable energy systems.

Electric Power Systems

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Author :
Publisher : CRC Press
ISBN 13 : 1439893969
Total Pages : 462 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Electric Power Systems by : João P. S. Catalão

Download or read book Electric Power Systems written by João P. S. Catalão and published by CRC Press. This book was released on 2017-12-19 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Modeling and Forecasting Electricity Loads and Prices

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470059990
Total Pages : 192 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Modeling and Forecasting Electricity Loads and Prices by : Rafal Weron

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.

Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting

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Author :
Publisher : MDPI
ISBN 13 : 303897286X
Total Pages : 251 pages
Book Rating : 4.0/5 (389 download)

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Book Synopsis Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting by : Wei-Chiang Hong

Download or read book Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting written by Wei-Chiang Hong and published by MDPI. This book was released on 2018-10-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting" that was published in Energies

Hybrid Advanced Techniques for Forecasting in Energy Sector

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Author :
Publisher :
ISBN 13 : 9783038972914
Total Pages : pages
Book Rating : 4.9/5 (729 download)

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Book Synopsis Hybrid Advanced Techniques for Forecasting in Energy Sector by : Wei-Chiang Hong

Download or read book Hybrid Advanced Techniques for Forecasting in Energy Sector written by Wei-Chiang Hong and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Accurate forecasting performance in the energy sector is a primary factor in the modern restructured power market, accomplished by any novel advanced hybrid techniques. Particularly in the Big Data era, forecasting models are always based on a complex function combination, and energy data are always complicated by factors such as seasonality, cyclicity, fluctuation, dynamic nonlinearity, and so on. To comprehensively address this issue, it is insufficient to concentrate only on simply hybridizing evolutionary algorithms with each other, or on hybridizing evolutionary algorithms with chaotic mapping, quantum computing, recurrent and seasonal mechanisms, and fuzzy inference theory in order to determine suitable parameters for an existing model. It is necessary to also consider hybridizing or combining two or more existing models (e.g., neuro-fuzzy model, BPNN-fuzzy model, seasonal support vector regression-chaotic quantum particle swarm optimization (SSVR-CQPSO), et cetera). These advanced novel hybrid techniques can provide more satisfactory energy forecasting performances. This book aimed to attract researchers with an interest in the research areas described above. Specifically, we were interested in contributions towards recent developments, id est, hybridizing or combining any advanced techniques in energy forecasting, with the superior capabilities over the traditional forecasting approaches, with the ability to overcome some embedded drawbacks, and with the very superiority to achieve significant improved forecasting accuracy.

Predictive Modelling for Energy Management and Power Systems Engineering

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Author :
Publisher : Elsevier
ISBN 13 : 012817773X
Total Pages : 553 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Predictive Modelling for Energy Management and Power Systems Engineering by : Ravinesh Deo

Download or read book Predictive Modelling for Energy Management and Power Systems Engineering written by Ravinesh Deo and published by Elsevier. This book was released on 2020-09-30 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Predictive Modeling for Energy Management and Power Systems Engineering introduces readers to the cutting-edge use of big data and large computational infrastructures in energy demand estimation and power management systems. The book supports engineers and scientists who seek to become familiar with advanced optimization techniques for power systems designs, optimization techniques and algorithms for consumer power management, and potential applications of machine learning and artificial intelligence in this field. The book provides modeling theory in an easy-to-read format, verified with on-site models and case studies for specific geographic regions and complex consumer markets. Presents advanced optimization techniques to improve existing energy demand system Provides data-analytic models and their practical relevance in proven case studies Explores novel developments in machine-learning and artificial intelligence applied in energy management Provides modeling theory in an easy-to-read format

Electric Power Systems

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Author :
Publisher : CRC Press
ISBN 13 : 1351832573
Total Pages : 464 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Electric Power Systems by : João P. S. Catalão

Download or read book Electric Power Systems written by João P. S. Catalão and published by CRC Press. This book was released on 2017-12-19 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast

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Author :
Publisher : MDPI
ISBN 13 : 3036508627
Total Pages : 100 pages
Book Rating : 4.0/5 (365 download)

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Book Synopsis Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast by : Federico Divina

Download or read book Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast written by Federico Divina and published by MDPI. This book was released on 2021-08-30 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of data collectors in energy systems is growing more and more. For example, smart sensors are now widely used in energy production and energy consumption systems. This implies that huge amounts of data are generated and need to be analyzed in order to extract useful insights from them. Such big data give rise to a number of opportunities and challenges for informed decision making. In recent years, researchers have been working very actively in order to come up with effective and powerful techniques in order to deal with the huge amount of data available. Such approaches can be used in the context of energy production and consumption considering the amount of data produced by all samples and measurements, as well as including many additional features. With them, automated machine learning methods for extracting relevant patterns, high-performance computing, or data visualization are being successfully applied to energy demand forecasting.

Modeling and Forecasting Electricity Demand

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Author :
Publisher : Springer
ISBN 13 : 3658086696
Total Pages : 115 pages
Book Rating : 4.6/5 (58 download)

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Book Synopsis Modeling and Forecasting Electricity Demand by : Kevin Berk

Download or read book Modeling and Forecasting Electricity Demand written by Kevin Berk and published by Springer. This book was released on 2015-01-20 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The master thesis of Kevin Berk develops a stochastic model for the electricity demand of small and medium-sized companies that is flexible enough so that it can be used for various business sectors. The model incorporates the grid load as an exogenous factor and seasonalities on a daily, weekly and yearly basis. It is demonstrated how the model can be used e.g. for estimating the risk of retail contracts. The uncertainty of electricity demand is an important risk factor for customers as well as for utilities and retailers. As a consequence, forecasting electricity load and its risk is now an integral component of the risk management for all market participants.

Advanced Methods of Power Load Forecasting

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Author :
Publisher : Mdpi AG
ISBN 13 : 9783036542188
Total Pages : 128 pages
Book Rating : 4.5/5 (421 download)

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Book Synopsis Advanced Methods of Power Load Forecasting by : J Carlos García-Díaz

Download or read book Advanced Methods of Power Load Forecasting written by J Carlos García-Díaz and published by Mdpi AG. This book was released on 2022-05-18 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reprint introduces advanced prediction models focused on power load forecasting. Models based on artificial intelligence and more traditional approaches are shown, demonstrating the real possibilities of use to improve prediction in this field. Models of LSTM neural networks, LSTM networks with a SESDA architecture, in even LSTM-CNN are used. On the other hand, multiple seasonal Holt-Winters models with discrete seasonality and the application of the Prophet method to demand forecasting are presented. These models are applied in different circumstances and show highly positive results. This reprint is intended for both researchers related to energy management and those related to forecasting, especially power load.

Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting

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Author :
Publisher : MDPI
ISBN 13 : 3038972924
Total Pages : 187 pages
Book Rating : 4.0/5 (389 download)

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Book Synopsis Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting by : Wei-Chiang Hong

Download or read book Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting written by Wei-Chiang Hong and published by MDPI. This book was released on 2018-10-22 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting" that was published in Energies

Core Concepts and Methods in Load Forecasting

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Author :
Publisher : Springer Nature
ISBN 13 : 3031278526
Total Pages : 332 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Core Concepts and Methods in Load Forecasting by : Stephen Haben

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.

Modeling the Formation of Expectations

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Author :
Publisher : Legare Street Press
ISBN 13 : 9781019952344
Total Pages : 0 pages
Book Rating : 4.9/5 (523 download)

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Book Synopsis Modeling the Formation of Expectations by : John Sterman

Download or read book Modeling the Formation of Expectations written by John Sterman and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this pioneering book, John Sterman presents a comprehensive and insightful analysis of the history of energy demand forecasting and the ways in which these forecasts have shaped energy policy and practice. Drawing on a range of social and natural science disciplines, Sterman argues for a more sophisticated and nuanced approach to energy forecasting that takes into account the complex and interdependent factors that drive energy demand. This book would be of interest to energy policy analysts, economists, and anyone interested in the science of decision-making under uncertainty. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Ensemble Forecasting Applied to Power Systems

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Author :
Publisher : MDPI
ISBN 13 : 303928312X
Total Pages : 134 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Ensemble Forecasting Applied to Power Systems by : Antonio Bracale

Download or read book Ensemble Forecasting Applied to Power Systems written by Antonio Bracale and published by MDPI. This book was released on 2020-03-10 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern power systems are affected by many sources of uncertainty, driven by the spread of renewable generation, by the development of liberalized energy market systems and by the intrinsic random behavior of the final energy customers. Forecasting is, therefore, a crucial task in planning and managing modern power systems at any level: from transmission to distribution networks, and in also the new context of smart grids. Recent trends suggest the suitability of ensemble approaches in order to increase the versatility and robustness of forecasting systems. Stacking, boosting, and bagging techniques have recently started to attract the interest of power system practitioners. This book addresses the development of new, advanced, ensemble forecasting methods applied to power systems, collecting recent contributions to the development of accurate forecasts of energy-related variables by some of the most qualified experts in energy forecasting. Typical areas of research (renewable energy forecasting, load forecasting, energy price forecasting) are investigated, with relevant applications to the use of forecasts in energy management systems.