Recurrent Neural Networks for Short-Term Load Forecasting

Recurrent Neural Networks for Short-Term Load Forecasting
Author: Filippo Maria Bianchi
Publisher: Springer
Total Pages: 74
Release: 2017-11-09
Genre: Computers
ISBN: 3319703382

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.

Hybrid Intelligent Systems

Hybrid Intelligent Systems
Author: Ajith Abraham
Publisher: Springer Nature
Total Pages: 470
Release: 2020-08-12
Genre: Technology & Engineering
ISBN: 3030493369

This book highlights the recent research on hybrid intelligent systems and their various practical applications. It presents 34 selected papers from the 18th International Conference on Hybrid Intelligent Systems (HIS 2019) and 9 papers from the 15th International Conference on Information Assurance and Security (IAS 2019), which was held at VIT Bhopal University, India, from December 10 to 12, 2019. A premier conference in the field of artificial intelligence, HIS - IAS 2019 brought together researchers, engineers and practitioners whose work involves intelligent systems, network security and their applications in industry. Including contributions by authors from 20 countries, the book offers a valuable reference guide for all researchers, students and practitioners in the fields of Computer Science and Engineering.

Smart Meter Data Analytics

Smart Meter Data Analytics
Author: Yi Wang
Publisher: Springer Nature
Total Pages: 306
Release: 2020-02-24
Genre: Business & Economics
ISBN: 9811526249

This book aims to make the best use of fine-grained smart meter data to process and translate them into actual information and incorporated into consumer behavior modeling and distribution system operations. It begins with an overview of recent developments in smart meter data analytics. Since data management is the basis of further smart meter data analytics and its applications, three issues on data management, i.e., data compression, anomaly detection, and data generation, are subsequently studied. The following works try to model complex consumer behavior. Specific works include load profiling, pattern recognition, personalized price design, socio-demographic information identification, and household behavior coding. On this basis, the book extends consumer behavior in spatial and temporal scale. Works such as consumer aggregation, individual load forecasting, and aggregated load forecasting are introduced. We hope this book can inspire readers to define new problems, apply novel methods, and obtain interesting results with massive smart meter data or even other monitoring data in the power systems.

Deep Learning for Time Series Forecasting

Deep Learning for Time Series Forecasting
Author: Jason Brownlee
Publisher: Machine Learning Mastery
Total Pages: 572
Release: 2018-08-30
Genre: Computers
ISBN:

Deep learning methods offer a lot of promise for time series forecasting, such as the automatic learning of temporal dependence and the automatic handling of temporal structures like trends and seasonality. With clear explanations, standard Python libraries, and step-by-step tutorial lessons you’ll discover how to develop deep learning models for your own time series forecasting projects.

Comparative Models for Electrical Load Forecasting

Comparative Models for Electrical Load Forecasting
Author: Derek W. Bunn
Publisher:
Total Pages: 256
Release: 1985
Genre: Business & Economics
ISBN:

Takes a practical look at how short-term forecasting has actually been undertaken and is being developed in public utility organizations.

Electrical Load Forecasting

Electrical Load Forecasting
Author: S.A. Soliman
Publisher: Elsevier
Total Pages: 441
Release: 2010-05-26
Genre: Business & Economics
ISBN: 0123815444

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

Forecasting and Assessing Risk of Individual Electricity Peaks

Forecasting and Assessing Risk of Individual Electricity Peaks
Author: Maria Jacob
Publisher: Springer Nature
Total Pages: 108
Release: 2019-09-25
Genre: Mathematics
ISBN: 303028669X

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.

Supervised Sequence Labelling with Recurrent Neural Networks

Supervised Sequence Labelling with Recurrent Neural Networks
Author: Alex Graves
Publisher: Springer
Total Pages: 148
Release: 2012-02-06
Genre: Technology & Engineering
ISBN: 3642247970

Supervised sequence labelling is a vital area of machine learning, encompassing tasks such as speech, handwriting and gesture recognition, protein secondary structure prediction and part-of-speech tagging. Recurrent neural networks are powerful sequence learning tools—robust to input noise and distortion, able to exploit long-range contextual information—that would seem ideally suited to such problems. However their role in large-scale sequence labelling systems has so far been auxiliary. The goal of this book is a complete framework for classifying and transcribing sequential data with recurrent neural networks only. Three main innovations are introduced in order to realise this goal. Firstly, the connectionist temporal classification output layer allows the framework to be trained with unsegmented target sequences, such as phoneme-level speech transcriptions; this is in contrast to previous connectionist approaches, which were dependent on error-prone prior segmentation. Secondly, multidimensional recurrent neural networks extend the framework in a natural way to data with more than one spatio-temporal dimension, such as images and videos. Thirdly, the use of hierarchical subsampling makes it feasible to apply the framework to very large or high resolution sequences, such as raw audio or video. Experimental validation is provided by state-of-the-art results in speech and handwriting recognition.

Smart Energy Control Systems for Sustainable Buildings

Smart Energy Control Systems for Sustainable Buildings
Author: John Littlewood
Publisher: Springer
Total Pages: 281
Release: 2017-05-26
Genre: Technology & Engineering
ISBN: 3319520768

There is widespread interest in the way that smart energy control systems, such as assessment and monitoring techniques for low carbon, nearly-zero energy and net positive buildings can contribute to a Sustainable future, for current and future generations. There is a turning point on the horizon for the supply of energy from finite resources such as natural gas and oil become less reliable in economic terms and extraction become more challenging, and more unacceptable socially, such as adverse public reaction to ‘fracking’. Thus, in 2016 these challenges are having a major influence on the design, optimisation, performance measurements, operation and preservation of: buildings, neighbourhoods, cities, regions, countries and continents. The source and nature of energy, the security of supply and the equity of distribution, the environmental impact of its supply and utilization, are all crucial matters to be addressed by suppliers, consumers, governments, industry, academia, and financial institutions. This book entitled ‘Smart Energy Control Systems for Sustainable Buildings’ contains eleven chapters written by international experts based on enhanced conference papers presented at the Sustainability and Energy in Buildings International conference series. This book will be of interest to University staff and students; and also industry practioners.

Modeling and Forecasting Electricity Loads and Prices

Modeling and Forecasting Electricity Loads and Prices
Author: Rafal Weron
Publisher: John Wiley & Sons
Total Pages: 192
Release: 2007-01-30
Genre: Business & Economics
ISBN: 0470059990

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.