Modeling and Forecasting Electricity Demand

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Publisher : Springer Spektrum
ISBN 13 : 9783658086688
Total Pages : 0 pages
Book Rating : 4.0/5 (866 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 Spektrum. This book was released on 2015-01-30 with total page 0 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.

Forecasting U.S. Electricity Demand

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Author :
Publisher : Routledge
ISBN 13 : 0429691459
Total Pages : 274 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Forecasting U.S. Electricity Demand by : Adela Maria Bolet

Download or read book Forecasting U.S. Electricity Demand written by Adela Maria Bolet and published by Routledge. This book was released on 2019-08-30 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the energy headlines of 1985 proclaim the waning of OPEC, the collapse of oil prices, and the demise of the nuclear power industry, few policy analysts are examining the dynamic challenges and opportunities that may confront the electric power industry during the remainder of this century. In this pioneering work, Adela Maria Bolet attempts to do exactly this, namely, to reconcile the differences among forecasters as to the future of electricity demand in the industrial, commercial, and residential sectors.

Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast

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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.

International Energy Outlook

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Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis International Energy Outlook by :

Download or read book International Energy Outlook written by and published by . This book was released on 1986 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Demand: Facts and Trends

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Publisher : Springer Science & Business Media
ISBN 13 : 3709186390
Total Pages : 293 pages
Book Rating : 4.7/5 (91 download)

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Book Synopsis Energy Demand: Facts and Trends by : B. Chateau

Download or read book Energy Demand: Facts and Trends written by B. Chateau and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fIrst oil crisis of 1973-74 and the questions it raised in the economic and social fIelds drew attention to energy issues. Industrial societies, accustomed for two decades or more to energy sufficiently easy to produce and cheap to consume that it was thought to be inexhaustible, began to question their energy future. The studies undertaken at that time, and since, on a national, regional, or world level were over-optimistic. The problem seemed simple enough to solve. On the one hand, a certain number of resources: coal, the abundance of which was discovered, or rather rediscovered oil, source of all the problems ... In fact, the problems seemed to come, if not from oil itself (an easy explanation), then from those who produced it without really owning it, and from those who owned it without really control ling it natural gas, second only to oil and less compromised uranium, all of whose promises had not been kept, but whose resources were not in question solar energy, multiform and really inexhaustible thermonuclear fusion, and geothermal energy, etc. On the other hand, energy consumption, though excessive perhaps, was symbolic of progress, development, and increased well being. The originality of the energy policies set up since 1974 lies in the fact they no longer aimed to produce (or import) more, but to consume less. They sought, and still seek, what might be emphatically called the control of energy consump tion, or rather the control of energy demand.

Forecasting and Assessing Risk of Individual Electricity Peaks

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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.

Energy Demand Forecasting Issues

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Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Energy Demand Forecasting Issues by : Michael R. Jaske

Download or read book Energy Demand Forecasting Issues written by Michael R. Jaske and published by . This book was released on 1985 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modeling and Forecasting Electricity Loads and Prices

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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.

Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast

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Author :
Publisher :
ISBN 13 : 9783036508634
Total Pages : 100 pages
Book Rating : 4.5/5 (86 download)

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Book Synopsis Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast by : Francisco A. Gómez Vela

Download or read book Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast written by Francisco A. Gómez Vela and published by . This book was released on 2021 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. In light of the above, this Special Issue collects the latest research on relevant topics, in particular in energy demand forecasts, and the use of advanced optimization methods and big data techniques. Here, by energy, we mean any kind of energy, e.g., electrical, solar, microwave, or wind.

Energy Time Series Forecasting

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Publisher : Springer
ISBN 13 : 3658110392
Total Pages : 241 pages
Book Rating : 4.6/5 (581 download)

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Book Synopsis Energy Time Series Forecasting by : Lars Dannecker

Download or read book Energy Time Series Forecasting written by Lars Dannecker and published by Springer. This book was released on 2015-08-06 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lars Dannecker developed a novel online forecasting process that significantly improves how forecasts are calculated. It increases forecasting efficiency and accuracy, as well as allowing the process to adapt to different situations and applications. Improving the forecasting efficiency is a key pre-requisite for ensuring stable electricity grids in the face of an increasing amount of renewable energy sources. It is also important to facilitate the move from static day ahead electricity trading towards more dynamic real-time marketplaces. The online forecasting process is realized by a number of approaches on the logical as well as on the physical layer that we introduce in the course of this book. Nominated for the Georg-Helm-Preis 2015 awarded by the Technische Universität Dresden.

Demand Forecasting for Electric Utilities

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Publisher :
ISBN 13 :
Total Pages : 552 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Demand Forecasting for Electric Utilities by : Clark W. Gellings

Download or read book Demand Forecasting for Electric Utilities written by Clark W. Gellings and published by . This book was released on 1992 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Independent Staff Energy Demand Forecast for Consideration in the Proceedings on the Third Biennial Report

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Independent Staff Energy Demand Forecast for Consideration in the Proceedings on the Third Biennial Report by : California Energy Commission. Demand Assessment Office

Download or read book Independent Staff Energy Demand Forecast for Consideration in the Proceedings on the Third Biennial Report written by California Energy Commission. Demand Assessment Office and published by . This book was released on 1980 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Synopsis of the Energy Demand Forecasting Peer Review Workshop

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Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis A Synopsis of the Energy Demand Forecasting Peer Review Workshop by : Michael R. Jaske

Download or read book A Synopsis of the Energy Demand Forecasting Peer Review Workshop written by Michael R. Jaske and published by . This book was released on 1980 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy and Demand Forecast

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis Energy and Demand Forecast by : Electric Utility Planning Council. Forecast Committee

Download or read book Energy and Demand Forecast written by Electric Utility Planning Council. Forecast Committee and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy for Sustainable Development

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Publisher : Academic Press
ISBN 13 : 0128146451
Total Pages : 218 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Energy for Sustainable Development by : Md Hasanuzzaman

Download or read book Energy for Sustainable Development written by Md Hasanuzzaman and published by Academic Press. This book was released on 2019-06-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy for Sustainable Development: Demand, Supply, Conversion and Management presents a comprehensive look at recent developments and provides guidance on energy demand, supply, analysis and forecasting of modern energy technologies for sustainable energy conversion. The book analyzes energy management techniques and the economic and environmental impact of energy usage and storage. Including modern theories and the latest technologies used in the conversion of energy for traditional fossil fuels and renewable energy sources, this book provides a valuable reference on recent innovations. Researchers, engineers and policymakers will find this book to be a comprehensive guide on modern theories and technologies for sustainable development. Uniquely covers Energy Demand, Supply, Conversion and Management in one complete reference Offers relevant information for both undergraduate and postgraduate programs on energy conversion, making it a key reference for study Includes extensive coverage that links energy conversion with efficiency and management through storage, savings, economics and environmental impact

Renewable Energy Resource Assessment and Forecasting

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Publisher : MDPI
ISBN 13 : 3039430866
Total Pages : 306 pages
Book Rating : 4.0/5 (394 download)

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Book Synopsis Renewable Energy Resource Assessment and Forecasting by : George Galanis

Download or read book Renewable Energy Resource Assessment and Forecasting written by George Galanis and published by MDPI. This book was released on 2020-11-27 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, several projects and studies have been launched towards the development and use of new methodologies, in order to assess, monitor, and support clean forms of energy. Accurate estimation of the available energy potential is of primary importance, but is not always easy to achieve. The present Special Issue on ‘Renewable Energy Resource Assessment and Forecasting’ aims to provide a holistic approach to the above issues, by presenting multidisciplinary methodologies and tools that are able to support research projects and meet today’s technical, socio-economic, and decision-making needs. In particular, research papers, reviews, and case studies on the following subjects are presented: wind, wave and solar energy; biofuels; resource assessment of combined renewable energy forms; numerical models for renewable energy forecasting; integrated forecasted systems; energy for buildings; sustainable development; resource analysis tools and statistical models; extreme value analysis and forecasting for renewable energy resources.

Energy Demand in the Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Energy Demand in the Developing Countries by : John Child

Download or read book Energy Demand in the Developing Countries written by John Child and published by . This book was released on 1979 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: