Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting

Kernel Methods and Hybrid Evolutionary Algorithms in Energy Forecasting
Author: Wei-Chiang Hong
Publisher:
Total Pages:
Release: 2018
Genre:
ISBN: 9783038972938

The development of kernel methods and hybrid evolutionary algorithms (HEAs) to support experts in energy forecasting is of great importance to improving the accuracy of the actions derived from an energy decision maker, and it is crucial that they are theoretically sound. In addition, more accurate or more precise energy demand forecasts are required when decisions are made in a competitive environment. Therefore, this is of special relevance in the Big Data era. These forecasts are usually based on a complex function combination. These models have resulted in over-reliance on the use of informal judgment and higher expense if lacking the ability to catch the data patterns. The novel applications of kernel methods and hybrid evolutionary algorithms can provide more satisfactory parameters in forecasting models. We aimed to attract researchers with an interest in the research areas described above. Specifically, we were interested in contributions towards the development of HEAs with kernel methods or with other novel methods (e.g., chaotic mapping mechanism, fuzzy theory, and quantum computing mechanism), which, with superior capabilities over the traditional optimization approaches, aim to overcome some embedded drawbacks and then apply these new HEAs to be hybridized with original forecasting models to significantly improve forecasting accuracy.

Intelligent Optimization Modelling in Energy Forecasting

Intelligent Optimization Modelling in Energy Forecasting
Author: Wei-Chiang Hong
Publisher: MDPI
Total Pages: 262
Release: 2020-04-01
Genre: Computers
ISBN: 3039283642

Accurate energy forecasting is important to facilitate the decision-making process in order to achieve higher efficiency and reliability in power system operation and security, economic energy use, contingency scheduling, the planning and maintenance of energy supply systems, and so on. In recent decades, many energy forecasting models have been continuously proposed to improve forecasting accuracy, including traditional statistical models (e.g., ARIMA, SARIMA, ARMAX, multi-variate regression, exponential smoothing models, Kalman filtering, Bayesian estimation models, etc.) and artificial intelligence models (e.g., artificial neural networks (ANNs), knowledge-based expert systems, evolutionary computation models, support vector regression, etc.). Recently, due to the great development of optimization modeling methods (e.g., quadratic programming method, differential empirical mode method, evolutionary algorithms, meta-heuristic algorithms, etc.) and intelligent computing mechanisms (e.g., quantum computing, chaotic mapping, cloud mapping, seasonal mechanism, etc.), many novel hybrid models or models combined with the above-mentioned intelligent-optimization-based models have also been proposed to achieve satisfactory forecasting accuracy levels. It is important to explore the tendency and development of intelligent-optimization-based modeling methodologies and to enrich their practical performances, particularly for marine renewable energy forecasting.

Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting

Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting
Author: Wei-Chiang Hong
Publisher:
Total Pages:
Release: 2018
Genre:
ISBN: 9783038972877

More accurate and precise energy demand forecasts are required when energy decisions are made in a competitive environment. Particularly in the Big Data era, forecasting models are always based on a complex function combination, and energy data are always complicated. Examples include seasonality, cyclicity, fluctuation, dynamic nonlinearity, and so on. These forecasting models have resulted in an over-reliance on the use of informal judgment and higher expenses when lacking the ability to determine data characteristics and patterns. The hybridization of optimization methods and superior evolutionary algorithms can provide important improvements via good parameter determinations in the optimization process, which is of great assistance to actions taken by energy decision-makers. This book aimed to attract researchers with an interest in the research areas described above. Specifically, it sought contributions to the development of any hybrid optimization methods (e.g., quadratic programming techniques, chaotic mapping, fuzzy inference theory, quantum computing, et cetera) with advanced algorithms (e.g., genetic algorithms, ant colony optimization, particle swarm optimization algorithm, et cetera) that have superior capabilities over the traditional optimization approaches to overcome some embedded drawbacks, and the application of these advanced hybrid approaches to significantly improve forecasting accuracy.

Hybrid Intelligent Technologies in Energy Demand Forecasting

Hybrid Intelligent Technologies in Energy Demand Forecasting
Author: Wei-Chiang Hong
Publisher: Springer Nature
Total Pages: 179
Release: 2020-01-01
Genre: Business & Economics
ISBN: 3030365298

This book is written for researchers and postgraduates who are interested in developing high-accurate energy demand forecasting models that outperform traditional models by hybridizing intelligent technologies. It covers meta-heuristic algorithms, chaotic mapping mechanism, quantum computing mechanism, recurrent mechanisms, phase space reconstruction, and recurrence plot theory. The book clearly illustrates how these intelligent technologies could be hybridized with those traditional forecasting models. This book provides many figures to deonstrate how these hybrid intelligent technologies are being applied to exceed the limitations of existing models.

Intelligent Optimization Modelling in Energy Forecasting

Intelligent Optimization Modelling in Energy Forecasting
Author: Wei-Chiang Hong
Publisher:
Total Pages: 262
Release: 2020
Genre: Electronic computers. Computer science
ISBN: 9783039283651

Accurate energy forecasting is important to facilitate the decision-making process in order to achieve higher efficiency and reliability in power system operation and security, economic energy use, contingency scheduling, the planning and maintenance of energy supply systems, and so on. In recent decades, many energy forecasting models have been continuously proposed to improve forecasting accuracy, including traditional statistical models (e.g., ARIMA, SARIMA, ARMAX, multi-variate regression, exponential smoothing models, Kalman filtering, Bayesian estimation models, etc.) and artificial intelligence models (e.g., artificial neural networks (ANNs), knowledge-based expert systems, evolutionary computation models, support vector regression, etc.). Recently, due to the great development of optimization modeling methods (e.g., quadratic programming method, differential empirical mode method, evolutionary algorithms, meta-heuristic algorithms, etc.) and intelligent computing mechanisms (e.g., quantum computing, chaotic mapping, cloud mapping, seasonal mechanism, etc.), many novel hybrid models or models combined with the above-mentioned intelligent-optimization-based models have also been proposed to achieve satisfactory forecasting accuracy levels. It is important to explore the tendency and development of intelligent-optimization-based modeling methodologies and to enrich their practical performances, particularly for marine renewable energy forecasting.

Hybrid Advanced Techniques for Forecasting in Energy Sector

Hybrid Advanced Techniques for Forecasting in Energy Sector
Author: Wei-Chiang Hong
Publisher: MDPI
Total Pages: 251
Release: 2018-10-19
Genre: Technology & Engineering
ISBN: 3038972908

This book is a printed edition of the Special Issue "Hybrid Advanced Techniques for Forecasting in Energy Sector" that was published in Energies

Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast

Advanced Optimization Methods and Big Data Applications in Energy Demand Forecast
Author: Federico Divina
Publisher: MDPI
Total Pages: 100
Release: 2021-08-30
Genre: Technology & Engineering
ISBN: 3036508627

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.