As industrial, commercial, and residential demands increase and with the rise of privatization and deregulation of the electric energy industry around the world, it is necessary to improve the performance of electric operational management. Intelligent Energy Demand Forecasting offers approaches and methods to calculate optimal electric energy allocation to reach equilibrium of the supply and demand. Evolutionary algorithms and intelligent analytical tools to improve energy demand forecasting accuracy are explored and explained in relation to existing methods. To provide clearer picture of how these hybridized evolutionary algorithms and intelligent analytical tools are processed, Intelligent Energy Demand Forecasting emphasizes on improving the drawbacks of existing algorithms. Written for researchers, postgraduates, and lecturers, Intelligent Energy Demand Forecasting helps to develop the skills and methods to provide more accurate energy demand forecasting by employing novel hybridized evolutionary algorithms and intelligent analytical tools.

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.

This handbook analyzes and develops methods and models to optimize solutions for energy access (for industry and the general world population alike) in terms of reliability and sustainability. With a focus on improving the performance of energy systems, it brings together state-of-the-art research on reliability enhancement, intelligent development, simulation and optimization, as well as sustainable development of energy systems. It helps energy stakeholders and professionals learn the methodologies needed to improve the reliability of energy supply-and-demand systems, achieve more efficient long-term operations, deal with uncertainties in energy systems, and reduce energy emissions. Highlighting novel models and their applications from leading experts in this important area, this book will appeal to researchers, students, and engineers in the various domains of smart energy systems and encourage them to pursue research and development in this exciting and highly relevant field.

Renewable Energy Forecasting: From Models to Applications provides an overview of the state-of-the-art of renewable energy forecasting technology and its applications. After an introduction to the principles of meteorology and renewable energy generation, groups of chapters address forecasting models, very short-term forecasting, forecasting of extremes, and longer term forecasting. The final part of the book focuses on important applications of forecasting for power system management and in energy markets. Due to shrinking fossil fuel reserves and concerns about climate change, renewable energy holds an increasing share of the energy mix. Solar, wind, wave, and hydro energy are dependent on highly variable weather conditions, so their increased penetration will lead to strong fluctuations in the power injected into the electricity grid, which needs to be managed. Reliable, high quality forecasts of renewable power generation are therefore essential for the smooth integration of large amounts of solar, wind, wave, and hydropower into the grid as well as for the profitability and effectiveness of such renewable energy projects. - Offers comprehensive coverage of wind, solar, wave, and hydropower forecasting in one convenient volume - Addresses a topic that is growing in importance, given the increasing penetration of renewable energy in many countries - Reviews state-of-the-science techniques for renewable energy forecasting - Contains chapters on operational applications

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.

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

In the era of propelling traditional energy systems to evolve towards smart energy systems, including power generation, energy storage systems, and electricity consumption have become more dynamic. The quality and reliability of power supply are impacted by the sporadic and rising use of electric vehicles, domestic loads, and industrial loads. Similarly, with the integration of solid state devices, renewable sources, and distributed generation, power generation processes are evolving in a variety of ways. Several cutting-edge technologies are necessary for the safe and secure operation of power systems in such a dynamic setting, including load distribution, automation, energy regulation & control, and energy trading. This book covers the applications of various big data analytics,artificial intelligence, and machine learning technologies in smart grids for demand prediction, decision-making processes, policy, and energy management. The book delves into the new technologies for modern power systems such as the Internet of Things, Blockchain for smart home and smart city solutions in depth. Technical topics discussed in the book include: • Hybrid smart energy system technologies • Smart meters • Energy demand forecasting • Use of different protocols and communication in smart energy systems • Power quality and allied issues and mitigation using AI • Intelligent transportation • Virtual power plants • AI based smart energy business models • Smart home solutions • Blockchain solutions for smart grids.