Crowdsourcing generated useful hypotheses for predicting residential energy usage.
problem Predicting residential electric energy usage using crowdsourced data.
method Crowdsourced questions and answers were used to build a predictive model of monthly electric energy consumption.
result The crowd can generate useful hypotheses for predicting energy usage, even with sparse data.
Paper proposes transparent reporting of algorithmic energy usage to promote environmental sustainability.
problem Need for transparent reporting of algorithmic energy usage for environmental sustainability.
method Developed a Python package to make analyses of energy usage accessible to individual researchers, localized to specific power grids, and compared with global benchmarks.
result Demonstrated the use of automatically-generated Energy Usage Reports in model-choice for machine learning.
Neural networks predict EV charging station usage from network layout.
problem Designing optimal EV charging station networks.
method Used neural networks to predict usage from station layout.
result Quickly estimates average usage statistics from proposed station placements.
This paper proposes a submodular load clustering method for transmission-level load areas.
problem Traditional load analysis challenges with new electricity usage patterns.
method Robust Principal Component Analysis (R-PCA) and submodular cluster center selection.
result The proposed method efficiently clusters load areas and demonstrates effectiveness in PJM load data.
Deep learning detects inaccurate smart meters for resource savings.
problem Detecting and replacing inaccurate smart meters to save resources.
method Developed a deep-learning method using LSTM and CNN to predict electricity usage trajectories.
result High accuracy in detecting inaccurate meters for practical usage.
Challenge forecasts EV charging station usage accurately.
problem Better understanding of EV charging behaviors needed.
method Hierarchical forecasting of EV charging station occupancy.
result Hierarchical forecasting improves EV charging station occupancy predictions.
The authors characterize flexibility in power and energy markets considering time, spatiality, resource, and risk.
problem Evaluating and maximizing flexibility in power systems and markets.
method Characterization of flexibility dimensions (time, spatiality, resource, risk) and their interrelations with flexibility assets, products, and services.
result Flexibility should be evaluated based on multiple dimensions for efficient power systems and markets.
Proposes a pricing agent using reinforcement learning to balance renewable energy demand.
problem Intermittent renewable energy sources challenge carbon-free electricity generation.
method Reinforcement learning approach to balance customer demand with renewable energy generation.
result Demonstrates improved electricity pricing strategy for renewable energy integration.
Study shows Bitcoin mining with surplus electricity can boost KEPCO's financial stability.
problem Improving energy resource efficiency and reducing KEPCO's debt.
method Utilized surplus electricity for Bitcoin mining using Antminer S21 XP Hyd, analyzed with Random Forest Regressor and Long Short-Term Memory models.
result Bitcoin mining with surplus electricity generates economic revenue, minimizes energy loss, and resolves payment issues for KEPCO.
Develops a deep RL algorithm for ESS control in electricity markets.
problem Controlling ESSs for arbitrage in real-time electricity markets under price uncertainty.
method Formulated as a Markov decision process, developed a deep RL algorithm using a recurrent neural network.
result Effectiveness of the algorithm verified using real-time PJM electricity prices.
Paper proposes an unsupervised NILM framework using GLDA for diverse utility data.
problem Extract appliance components from aggregate energy signals without labeled data.
method Bayesian hierarchical mixture models, Gaussian Latent Dirichlet Allocation (GLDA), online processing.
result Algorithm finds useful consumption patterns from mixed utility data.
Investigations have been performed into using clustering methods in data mining time-series data from smart meters. The problem is to identify patterns and trends in energy usage profiles of commercial and industrial customers over 24-hour periods, and group similar profiles. We tested our method on energy usage data p…
Study on energy storage's impact on electricity prices and profitability.
problem Analyzing the profitability of energy storage in electricity markets.
method Characterized optimal operating strategy for storage systems, determined equilibrium price in a market with storage, renewables, and conventional producers, and characterized price process using stochastic differential equations.
result Increased average revenues and interquantile ranges for storage assets in energy transition scenarios.
Paper models uncertainty in electricity and gas markets to assess its impact.
problem Addressing uncertainties in coupled electricity and gas markets.
method Integrated and stochastic optimisation approaches for large-scale energy systems.
result Quantifies the value of encoding uncertainty in models.
Bayesian model for energy consumption helps electric vehicles navigate efficiently.
problem Limited battery capacity in electric vehicles makes energy efficient navigation challenging.
method Developed an online learning framework using Bayesian models and exploration strategies like Thompson Sampling.
result Established rigorous regret bounds for Thompson Sampling in both single-agent and multi-agent settings.
Graphical Lasso algorithm segments occupants' energy usage behaviors in HC-CP systems.
problem Improving sustainability and energy efficiency in HC-CP systems.
method Introduced a gamification framework and applied Graphical Lasso for energy usage segmentation.
result Characterized different energy usage behaviors in HC-CP systems.
Paper provides a method to price electricity storage contracts using COS technique.
problem Valuation of electricity storage contracts considering physical and operational constraints.
method Uses Fourier-based COS method to price contracts based on stochastic polynomial process.
result The COS method accurately and efficiently prices electricity storage contracts.
This paper forecasts renewable energy prospects in South America through cross-border interconnection.
problem Lack of renewable energy integration across South American countries.
method Long-term scenario forecasting methodology applied to raw data from typical countries.
result Promoting cross-border interconnection towards renewables can optimize energy supply, reduce costs, and balance the energy matrix.
Deep network improves NILM by distinguishing on/off states of appliances.
problem Break down household aggregate electricity consumption into individual appliance usages.
method Subtask gated network combining regression and classification subtasks.
result Surpasses state-of-the-art performance for most benchmark cases.
This article provides some estimates for the relative sizes of the electric and magnetic contributions to the energy functional for the minimum energy configuration of an SU(2) gauge field on R^3 in the presence of an source in a fixed ball. The surprising fact is that the contribution to both energies from the free fi…
Bayesian model for energy-efficient EV navigation.
problem Limited battery capacity in electric vehicles.
method Bayesian modeling and online learning framework with exploration strategies.
result Established rigorous regret bounds for Thompson Sampling.
Study shows increased VRE penetration reduces electricity prices and volatility.
problem Impact of increased variable renewable energy on electricity prices and volatility.
method Hourly, real-time data from six ISOs, quantile and skew t-distribution regressions.
result Increased VRE penetration is associated with decreased system electricity price and volatility in most ISOs.
Study examines economic impact of wind energy on Colombian electricity market.
problem Impact of wind energy on Colombian electricity market pricing and conventional generation.
method Built a unit commitment model to simulate market legislation and system data.
result Wind energy reduces the operation of gas-fired plants by up to 20%.
The study finds that low frequency macroeconomic variables are more important for short-term electricity price forecasting.
problem Improving short-term forecasting of daily electricity prices using macroeconomic variables.
method Developed a Bayesian reverse unrestricted MIDAS model to account for frequency mismatch.
result Inclusion of macroeconomic low frequency variables improves short-term forecasts more than using only surveys or industrial production data.
Short-term probabilistic forecasting of German electricity imbalance prices.
problem Uncertainty in renewable energy capacity and electricity prices.
method Combining lasso with bootstrap, gamlss, and probabilistic neural networks for forecasting imbalance prices.
result Sophisticated methods improve empirical coverage of imbalance prices but do not substantially outperform the intraday continuous price index.
The paper tackles energy disaggregation by improving dictionary learning with deep neural models.
problem Decomposing electricity signals of a whole home into its operating devices.
method Proposes a novel optimization program that learns both the dictionary and sparse coefficients using a deep neural model (LSTM-AE) to capture temporal energy signals.
result Significant improvement in disaggregation accuracy and F-score metrics compared to state-of-the-art methods.
New method for selecting clusters in residential electricity data.
problem Selecting useful clusters in electricity consumption data.
method Formalizing expert knowledge as external validation measures.
result Successfully reconstructed customer archetypes.
BESS shows potential in European markets for frequency support, but not for energy arbitrage.
problem Lack of profitability for BESS in energy arbitrage in most European markets.
method Proposed a general payoff model for BESS operation and calculated utilization factors for common applications.
result BESS shows higher potential in providing frequency support services, especially in Central Western and Northern Europe.
This thesis tackles NILM challenges with a new dataset and efficient edge deployment techniques.
problem Limited datasets and high computational power for NILM deployment.
method Developed an interoperable data collection framework and introduced model compression techniques.
result Efficient edge deployment of NILM models for global scalability and sustainability.
Study shows visual feedback and monetary incentives reduce plugload energy consumption in commercial buildings.
problem Mitigating energy consumption in commercial buildings through occupant plugload control.
method Field experiments with visual feedback and monetary incentives in government and university buildings.
result Mean energy reduction of ~9.52% in office environments and ~21.61% in university environments with visual feedback.
Paper proposes a risk-averse approach to energy storage price arbitrage using conformal uncertainty quantification.
problem Inherent volatility and uncertainty of real-time electricity prices create financial risks for storage arbitrage.
method Two-layer prediction model with conformal uncertainty quantification for high coverage of real-time price uncertainty.
result The framework achieves good profit margins with minimal losses, demonstrating effectiveness in real-time market.
Resonant machine learning uses electrical network dynamics to optimize learning efficiently.
problem Traditional energy-based learning models are dissipative and inefficient.
method Proposes a new learning framework with two energy components (active and reactive) to ensure active-power dissipation during learning.
result Support vectors in resonant SVMs correspond to self-sustained oscillations in an LC network.
Paper uses CVAE to simulate tariff impacts on electricity consumption.
problem Simulating tariff impacts on household electricity consumption.
method CVAE-based clustering and generation of consumption profiles.
result CVAE method can reproduce rebound and side effects in consumption profiles.
Proposes a game-theoretic framework to motivate energy-efficient behavior in smart buildings.
problem Improving energy efficiency in smart building infrastructure through occupant behavior.
method Introduces a novel game-theoretic framework with human interaction, incorporating utility learning and deep neural networks.
result Demonstrates highly accurate prediction of occupant energy resource usage and explainable decision-making.
The increasing importance of renewable energy, especially solar and wind power, has led to new forces in the formation of electricity prices. Hence, this paper introduces an econometric model for the hourly time series of electricity prices of the European Power Exchange (EPEX) which incorporates specific features like…
Study examines barriers to grid-connected battery systems in Spain, finding high cycle cost remains main obstacle.
problem Barriers to grid-connected battery systems in Spain's deregulated electricity market.
method Utilization analysis and concept of 'potentially profitable utilization time' introduced.
result High cycle cost remains the main barrier for grid-connected battery systems in Spain.
Paper uses conformal prediction for solar power forecasting in electricity markets.
problem Enhancing participation in electricity markets through accurate day-ahead PV power predictions.
method Combines machine learning for point predictions and conformal prediction for uncertainty quantification.
result CP with k-nearest neighbors and Mondrian binning outperforms linear quantile regressors in predicting PV power.
Transformer model forecasts electricity price spread for virtual bidding.
problem Volatility in renewable energy causes price forecasting challenges.
method Transformer-based deep learning model using various time-series features.
result Trading strategy at peak hour yields nearly consistent profit.
UK imports face higher volatility during high demand periods.
problem Price volatility and national sovereignty during high demand.
method Analysis of early 2017 conditions in France, Germany, and UK.
result National interests take precedence over environmental sustainability.
A necessary and sufficient condition for energy-momentum conservation is proved within a topological, pre-metric approach to classical electrodynamics including magnetic as well as electric charges. The extended Lorentz force, consisting of mutual actions by F=(E, B) on the electric current and G=(H, D) on the magnetic…
A framework uses deep reinforcement learning to optimize energy storage in intraday markets.
problem Optimizing energy storage in intraday markets for renewable energy integration.
method Markov Decision Process, asynchronous distributed fitted Q iteration algorithm, artificial trajectories.
result The agent converges to a policy that achieves higher total revenues than the benchmark strategy.
ElecSim models long-term electricity planning with agent-based Monte-Carlo simulations.
problem Transitioning to zero-carbon energy systems requires careful policy decisions.
method Agent-based Monte-Carlo model for long-term electricity investment decisions.
result Monte-Carlo simulation improves model performance by 52.5%.
This paper optimizes a power-to-heat system using reinforcement learning for cost minimization under uncertain conditions.
problem Optimizing a power-to-heat system with fluctuating renewable energy sources.
method Stochastic optimal control, reinforcement learning (Q-learning).
result Reinforcement learning provides an efficient solution to the optimization problem.
In our paper we analyze the relationship between the day-ahead electricity price of the Energy Exchange Austria (EXAA) and other day-ahead electricity prices in Europe. We focus on markets, which settle their prices after the EXAA, which enables traders to include the EXAA price into their calculations. For each market…
The paper models quanto weather and energy derivatives using Ornstein-Uhlenbeck processes and develops methods to hedge them.
problem Valuation and hedging of quanto derivatives on temperature and electricity.
method Developed a coupled model using Ornstein-Uhlenbeck processes and Conditional Least Square method for parameter estimation.
result Explicit and semi-explicit formulas for quanto options and hedging strategies are derived.
This paper evaluates forecast quality in electricity markets beyond traditional accuracy measures.
problem Traditional accuracy measures fail to reflect the economic value of electricity price forecasts.
method Investigates four quality dimensions: accuracy, dispersion, association, and extremum identification.
result Dispersion- and association-based measures better capture forecast economic value.
oPoW proposes a new PoW algorithm to reduce mining costs and environmental impact.
problem Scalability issues, environmental concerns, and systemic risks in Bitcoin PoW.
method oPoW is a novel PoW algorithm that shifts mining costs from electricity to hardware (CAPEX).
result oPoW reduces mining costs and improves network scalability, decentralization, and issuance.
The energy transition is well underway in most European countries. It has a growing impact on electric power systems as it dramatically modifies the way electricity is produced. To ensure a safe and smooth transition towards a pan-European electricity production dominated by renewable sources, it is of paramount import…