Electrical Load Forecasting

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Electrical Load Forecasting

Author : S.A. Soliman
Publisher : Elsevier
ISBN 13 : 9780123815446
Total Pages : 440 pages
Book Rating : 4.8/5 (154 download)

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Book Synopsis Electrical Load Forecasting by : S.A. Soliman

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 440 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

Spatial Electric Load Forecasting

Author : H. Lee Willis
Publisher : CRC Press
ISBN 13 : 9780203910764
Total Pages : 770 pages
Book Rating : 4.9/5 (17 download)

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Book Synopsis Spatial Electric Load Forecasting by : H. Lee Willis

Download or read book Spatial Electric Load Forecasting written by H. Lee Willis and published by CRC Press. This book was released on 2002-08-09 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Short-Term Load Forecasting 2019

Author : Antonio Gabaldón
Publisher : MDPI
ISBN 13 : 303943442X
Total Pages : 324 pages
Book Rating : 4.0/5 (394 download)

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Book Synopsis Short-Term Load Forecasting 2019 by : Antonio Gabaldón

Download or read book Short-Term Load Forecasting 2019 written by Antonio Gabaldón and published by MDPI. This book was released on 2021-02-26 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Modeling and Forecasting Electricity Loads and Prices

Author : Rafal Weron
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.

Comparative Models for Electrical Load Forecasting

Author : Derek W. Bunn
Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Comparative Models for Electrical Load Forecasting by : Derek W. Bunn

Download or read book Comparative Models for Electrical Load Forecasting written by Derek W. Bunn and published by . This book was released on 1985 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a practical look at how short-term forecasting has actually been undertaken and is being developed in public utility organizations.

Applied Mathematics for Restructured Electric Power Systems

Author : Joe H. Chow
Publisher : Springer Science & Business Media
ISBN 13 : 0387234713
Total Pages : 345 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Applied Mathematics for Restructured Electric Power Systems by : Joe H. Chow

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 2006-06-03 with total page 345 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.

Power System Planning Technologies and Applications: Concepts, Solutions and Management

Author : Elkarmi, Fawwaz
Publisher : IGI Global
ISBN 13 : 1466601744
Total Pages : 297 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Power System Planning Technologies and Applications: Concepts, Solutions and Management by : Elkarmi, Fawwaz

Download or read book Power System Planning Technologies and Applications: Concepts, Solutions and Management written by Elkarmi, Fawwaz and published by IGI Global. This book was released on 2012-02-29 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Forecasting and Assessing Risk of Individual Electricity Peaks

Author : Maria Jacob
Publisher : Springer Nature
ISBN 13 : 303028669X
Total Pages : 108 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Forecasting and Assessing Risk of Individual Electricity Peaks by : Maria Jacob

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.

Electric Power Systems

Author : João P. S. Catalão
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.

Recurrent Neural Networks for Short-Term Load Forecasting

Author : Filippo Maria Bianchi
Publisher : Springer
ISBN 13 : 3319703382
Total Pages : 72 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Recurrent Neural Networks for Short-Term Load Forecasting by : Filippo Maria Bianchi

Download or read book Recurrent Neural Networks for Short-Term Load Forecasting written by Filippo Maria Bianchi and published by Springer. This book was released on 2017-11-09 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

2021 International Conference on Intelligent Technologies (CONIT)

Author : IEEE Staff
Publisher :
ISBN 13 : 9781728185842
Total Pages : pages
Book Rating : 4.1/5 (858 download)

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Book Synopsis 2021 International Conference on Intelligent Technologies (CONIT) by : IEEE Staff

Download or read book 2021 International Conference on Intelligent Technologies (CONIT) written by IEEE Staff and published by . This book was released on 2021-06-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The scope of the conference include, but not limited to, the following Aerospace Technology Antenna & Microwave Biomedical Engineering Circuits and Systems Machine Learning, Cloud and Data Analytics Computer Architecture & Systems Devices, Materials & Processing Disasters and Humanitarian Technology Engineering Management Engineering Education Marine and Offshore Engineering Multimedia Engineering Photonics Power & Energy Robotics, Control Systems & Theory Signal and Image Processing Software & Database Systems Social Implications of Technology Wireless Communications & Networks

Energy Management

Author : Valentin A. Boicea
Publisher : CRC Press
ISBN 13 : 9781003147213
Total Pages : 0 pages
Book Rating : 4.1/5 (472 download)

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Book Synopsis Energy Management by : Valentin A. Boicea

Download or read book Energy Management written by Valentin A. Boicea and published by CRC Press. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Forecasting in Mathematics

Author : Abdo Abou Jaoude
Publisher : BoD – Books on Demand
ISBN 13 : 1838808256
Total Pages : 156 pages
Book Rating : 4.8/5 (388 download)

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Book Synopsis Forecasting in Mathematics by : Abdo Abou Jaoude

Download or read book Forecasting in Mathematics written by Abdo Abou Jaoude and published by BoD – Books on Demand. This book was released on 2021-01-27 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Intelligent Data-Analytics for Condition Monitoring

Author : Hasmat Malik
Publisher : Academic Press
ISBN 13 : 0323855113
Total Pages : 272 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Intelligent Data-Analytics for Condition Monitoring by : Hasmat Malik

Download or read book Intelligent Data-Analytics for Condition Monitoring written by Hasmat Malik and published by Academic Press. This book was released on 2021-02-24 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Data-Analytics for Condition Monitoring: Smart Grid Applications looks at intelligent and meaningful uses of data required for an optimized, efficient engineering processes. In addition, the book provides application perspectives of various deep learning models for the condition monitoring of electrical equipment. With chapters discussing the fundamentals of machine learning and data analytics, the book is divided into two parts, including i) The application of intelligent data analytics in Solar PV fault diagnostics, transformer health monitoring and faults diagnostics, and induction motor faults and ii) Forecasting issues using data analytics which looks at global solar radiation forecasting, wind data forecasting, and more. This reference is useful for all engineers and researchers who need preliminary knowledge on data analytics fundamentals and the working methodologies and architecture of smart grid systems. Features deep learning methodologies in smart grid deployment and maintenance applications Includes coding for intelligent data analytics for each application Covers advanced problems and solutions of smart grids using advance data analytic techniques

Market Operations in Electric Power Systems

Author : Mohammad Shahidehpour
Publisher : John Wiley & Sons
ISBN 13 : 0471463949
Total Pages : 552 pages
Book Rating : 4.4/5 (714 download)

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Book Synopsis Market Operations in Electric Power Systems by : Mohammad Shahidehpour

Download or read book Market Operations in Electric Power Systems written by Mohammad Shahidehpour and published by John Wiley & Sons. This book was released on 2003-05-28 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Advances in Electric Power and Energy Systems

Author : Mohamed E. El-Hawary
Publisher : John Wiley & Sons
ISBN 13 : 1118171349
Total Pages : 324 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Advances in Electric Power and Energy Systems by : Mohamed E. El-Hawary

Download or read book Advances in Electric Power and Energy Systems written by Mohamed E. El-Hawary and published by John Wiley & Sons. This book was released on 2017-07-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Intelligent Renewable Energy Systems

Author : Neeraj Priyadarshi
Publisher : John Wiley & Sons
ISBN 13 : 1119786274
Total Pages : 484 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Intelligent Renewable Energy Systems by : Neeraj Priyadarshi

Download or read book Intelligent Renewable Energy Systems written by Neeraj Priyadarshi and published by John Wiley & Sons. This book was released on 2022-01-19 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.