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Statistical Learning Tools For Electricity Load Forecasting


Statistical Learning Tools For Electricity Load Forecasting
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Statistical Learning Tools For Electricity Load Forecasting


Statistical Learning Tools For Electricity Load Forecasting
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Author : Anestis Antoniadis
language : en
Publisher: Springer Nature
Release Date : 2024-08-14

Statistical Learning Tools For Electricity Load Forecasting written by Anestis Antoniadis and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-14 with Mathematics categories.


This monograph explores a set of statistical and machine learning tools that can be effectively utilized for applied data analysis in the context of electricity load forecasting. Drawing on their substantial research and experience with forecasting electricity demand in industrial settings, the authors guide readers through several modern forecasting methods and tools from both industrial and applied perspectives – generalized additive models (GAMs), probabilistic GAMs, functional time series and wavelets, random forests, aggregation of experts, and mixed effects models. A collection of case studies based on sizable high-resolution datasets, together with relevant R packages, then illustrate the implementation of these techniques. Five real datasets at three different levels of aggregation (nation-wide, region-wide, or individual) from four different countries (UK, France, Ireland, and the USA) are utilized to study five problems: short-term point-wise forecasting, selection of relevant variables for prediction, construction of prediction bands, peak demand prediction, and use of individual consumer data. This text is intended for practitioners, researchers, and post-graduate students working on electricity load forecasting; it may also be of interest to applied academics or scientists wanting to learn about cutting-edge forecasting tools for application in other areas. Readers are assumed to be familiar with standard statistical concepts such as random variables, probability density functions, and expected values, and to possess some minimal modeling experience.



Machine Learning Concepts Methodologies Tools And Applications


Machine Learning Concepts Methodologies Tools And Applications
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Author : Management Association, Information Resources
language : en
Publisher: IGI Global
Release Date : 2011-07-31

Machine Learning Concepts Methodologies Tools And Applications written by Management Association, Information Resources and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-31 with Computers categories.


"This reference offers a wide-ranging selection of key research in a complex field of study,discussing topics ranging from using machine learning to improve the effectiveness of agents and multi-agent systems to developing machine learning software for high frequency trading in financial markets"--Provided by publishe



Electrical Load Forecasting


Electrical Load Forecasting
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Author : S.A. Soliman
language : en
Publisher: Elsevier
Release Date : 2010-05-26

Electrical Load Forecasting written by S.A. Soliman and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-26 with Business & Economics categories.


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



Application Of Machine Learning And Deep Learning Methods To Power System Problems


Application Of Machine Learning And Deep Learning Methods To Power System Problems
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Author : Morteza Nazari-Heris
language : en
Publisher: Springer Nature
Release Date : 2021-10-20

Application Of Machine Learning And Deep Learning Methods To Power System Problems written by Morteza Nazari-Heris and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-20 with Technology & Engineering categories.


This book evaluates the role of innovative machine learning and deep learning methods in dealing with power system issues, concentrating on recent developments and advances that improve planning, operation, and control of power systems. Cutting-edge case studies from around the world consider prediction, classification, clustering, and fault/event detection in power systems, providing effective and promising solutions for many novel challenges faced by power system operators. Written by leading experts, the book will be an ideal resource for researchers and engineers working in the electrical power engineering and power system planning communities, as well as students in advanced graduate-level courses.



Applications Of Neural Networks


Applications Of Neural Networks
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Author : Alan Murray
language : en
Publisher: Springer Science & Business Media
Release Date : 1994-12-31

Applications Of Neural Networks written by Alan Murray and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-12-31 with Computers categories.


Applications of Neural Networks gives a detailed description of 13 practical applications of neural networks, selected because the tasks performed by the neural networks are real and significant. The contributions are from leading researchers in neural networks and, as a whole, provide a balanced coverage across a range of application areas and algorithms. The book is divided into three sections. Section A is an introduction to neural networks for nonspecialists. Section B looks at examples of applications using `Supervised Training'. Section C presents a number of examples of `Unsupervised Training'. For neural network enthusiasts and interested, open-minded sceptics. The book leads the latter through the fundamentals into a convincing and varied series of neural success stories -- described carefully and honestly without over-claiming. Applications of Neural Networks is essential reading for all researchers and designers who are tasked with using neural networks in real life applications.



Modeling And Forecasting Electricity Loads And Prices


Modeling And Forecasting Electricity Loads And Prices
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Author : Rafal Weron
language : en
Publisher: John Wiley & Sons
Release Date : 2007-01-30

Modeling And Forecasting Electricity Loads And Prices written by Rafal Weron and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-30 with Business & Economics categories.


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.



Core Concepts And Methods In Load Forecasting


Core Concepts And Methods In Load Forecasting
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Author : Stephen Haben
language : en
Publisher: Springer Nature
Release Date : 2023-06-01

Core Concepts And Methods In Load Forecasting written by Stephen Haben and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-01 with Technology & Engineering categories.


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.



Machine Intelligence Tools And Applications


Machine Intelligence Tools And Applications
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Author : Satchidananda Dehuri
language : en
Publisher: Springer Nature
Release Date : 2024-07-29

Machine Intelligence Tools And Applications written by Satchidananda Dehuri and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-29 with Computers categories.


This book presents the recent advances including tools and techniques in the constantly changing landscape of machine learning (ML). This would enable the readers with a strong understanding of critical issues in ML by providing both broad and detailed perspectives on cutting-edge theories, algorithms, and tools. This will become a single source of reference on conceptual, methodological, technical, and managerial issues, as well as provide insight into emerging trends and future opportunities in the discipline of ML. This book contains altogether 36 chapters in the area of ML and its applications.



Nature Inspired Computing Concepts Methodologies Tools And Applications


Nature Inspired Computing Concepts Methodologies Tools And Applications
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Author : Management Association, Information Resources
language : en
Publisher: IGI Global
Release Date : 2016-07-26

Nature Inspired Computing Concepts Methodologies Tools And Applications written by Management Association, Information Resources and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-26 with Computers categories.


As technology continues to become more sophisticated, mimicking natural processes and phenomena also becomes more of a reality. Continued research in the field of natural computing enables an understanding of the world around us, in addition to opportunities for man-made computing to mirror the natural processes and systems that have existed for centuries. Nature-Inspired Computing: Concepts, Methodologies, Tools, and Applications takes an interdisciplinary approach to the topic of natural computing, including emerging technologies being developed for the purpose of simulating natural phenomena, applications across industries, and the future outlook of biologically and nature-inspired technologies. Emphasizing critical research in a comprehensive multi-volume set, this publication is designed for use by IT professionals, researchers, and graduate students studying intelligent computing.



African Green Transition Through Innovative Pathways


African Green Transition Through Innovative Pathways
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Author : Mona-Maria Narra
language : en
Publisher: Springer Nature
Release Date : 2025-07-22

African Green Transition Through Innovative Pathways written by Mona-Maria Narra and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-22 with Science categories.


This book provides a comprehensive analysis of Africa’s evolving role in sustainable energy, focusing on waste management, renewable energy, and green hydrogen production. Featuring predominantly African-led research, it highlights cutting-edge innovations driving the continent’s green transition. Drawing from research presented at the Second International Conference on Circular Economy, Renewable Energy, and Green Hydrogen in Lomé, Togo, in October 2024, the book explores key areas shaping Africa’s energy landscape. It examines waste-to-energy technologies that transform waste into valuable resources, supporting both environmental sustainability and the circular economy. It also addresses the development of decentralized and hybrid renewable energy solutions designed to meet the growing demands of expanding urban populations. Additionally, it discusses the latest technological advancements, including predictive analytics and off-grid performance optimization, enhancing energy efficiency and system flexibility across the continent. Beyond technical advancements, the book explores the social and economic dimensions of sustainability, analyzing how green innovations drive economic growth, create jobs, and promote social equity. It serves as an essential resource for researchers, policymakers, and practitioners seeking insights into Africa’s green transition and its increasing influence in the global shift toward sustainable energy solutions.