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.

This book highlights state-of-the-art research on renewable energy integration technology and suitable and efficient power generation, discussing smart grids, renewable energy grid integration, prediction control models, and econometric models for predicting the global solar radiation and factors that affect solar radiation, performance evaluation of photovoltaic systems, and improved energy consumption prediction models. It discusses several methods, algorithms, environmental data-based performance analyses, and experimental results to help readers gain a detailed understanding of the pros and cons of technologies in this rapidly growing area. Accordingly, it offers a valuable resource for students and researchers working on renewable energy optimization models.

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

Optimization in Renewable Energy Systems: Recent Perspectives covers all major areas where optimization techniques have been applied to reduce uncertainty or improve results in renewable energy systems (RES). Production of power with RES is highly variable and unpredictable, leading to the need for optimization-based planning and operation in order to maximize economies while sustaining performance. This self-contained book begins with an introduction to optimization, then covers a wide range of applications in both large and small scale operations, including optimum operation of electric power systems with large penetration of RES, power forecasting, transmission system planning, and DG sizing and siting for distribution and end-user premises. This book is an excellent choice for energy engineers, researchers, system operators, system regulators, and graduate students. - Provides chapters written by experts in the field - Goes beyond forecasting to apply optimization techniques to a wide variety of renewable energy system issues, from large scale to relatively small scale systems - Provides accompanying computer code for related chapters

This book provides a comprehensive understanding of how intelligent data-driven techniques can be used for modelling, controlling, and optimizing various power and energy applications. It aims to develop multiple data-driven models for forecasting renewable energy sources and to interpret the benefits of these techniques in line with first-principles modelling approaches. By doing so, the book aims to stimulate deep insights into computational intelligence approaches in data-driven models and to promote their potential applications in the power and energy sectors. Its key features include: an exclusive section on essential preprocessing approaches for the data-driven model a detailed overview of data-driven model applications to power system planning and operational activities specific focus on developing forecasting models for renewable generations such as solar PV and wind power, and showcasing the judicious amalgamation of allied mathematical treatments such as optimization and fractional calculus in data-driven model-based frameworks This book presents novel concepts for applying data-driven models, mainly in the power and energy sectors, and is intended for graduate students, industry professionals, research, and academic personnel.

This book is a printed edition of the Special Issue "Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting" that was published in Energies