Advanced Optimization Methods And Big Data Applications In Energy Demand Forecast

The use of data collectors in energy systems is growing more and more. For example, smart sensors are now widely used in energy production and energy consumption systems. This implies that huge amounts of data are generated and need to be analyzed in order to extract useful insights from them. Such big data give rise to a number of opportunities and challenges for informed decision making. In recent years, researchers have been working very actively in order to come up with effective and powerful techniques in order to deal with the huge amount of data available. Such approaches can be used in the context of energy production and consumption considering the amount of data produced by all samples and measurements, as well as including many additional features. With them, automated machine learning methods for extracting relevant patterns, high-performance computing, or data visualization are being successfully applied to energy demand forecasting.

The use of data collectors in energy systems is growing more and more. For example, smart sensors are now widely used in energy production and energy consumption systems. This implies that huge amounts of data are generated and need to be analyzed in order to extract useful insights from them. Such big data give rise to a number of opportunities and challenges for informed decision making. In recent years, researchers have been working very actively in order to come up with effective and powerful techniques in order to deal with the huge amount of data available. Such approaches can be used in the context of energy production and consumption considering the amount of data produced by all samples and measurements, as well as including many additional features. With them, automated machine learning methods for extracting relevant patterns, high-performance computing, or data visualization are being successfully applied to energy demand forecasting. In light of the above, this Special Issue collects the latest research on relevant topics, in particular in energy demand forecasts, and the use of advanced optimization methods and big data techniques. Here, by energy, we mean any kind of energy, e.g., electrical, solar, microwave, or wind.

More accurate and precise energy demand forecasts are required when energy decisions are made in a competitive environment. Particularly in the Big Data era, forecasting models are always based on a complex function combination, and energy data are always complicated. Examples include seasonality, cyclicity, fluctuation, dynamic nonlinearity, and so on. These forecasting models have resulted in an over-reliance on the use of informal judgment and higher expenses when lacking the ability to determine data characteristics and patterns. The hybridization of optimization methods and superior evolutionary algorithms can provide important improvements via good parameter determinations in the optimization process, which is of great assistance to actions taken by energy decision-makers. This book aimed to attract researchers with an interest in the research areas described above. Specifically, it sought contributions to the development of any hybrid optimization methods (e.g., quadratic programming techniques, chaotic mapping, fuzzy inference theory, quantum computing, et cetera) with advanced algorithms (e.g., genetic algorithms, ant colony optimization, particle swarm optimization algorithm, et cetera) that have superior capabilities over the traditional optimization approaches to overcome some embedded drawbacks, and the application of these advanced hybrid approaches to significantly improve forecasting accuracy.

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.

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

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, and domestic & 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 and 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 such as the Internet of Things, blockchain, etc. for smart home solutions, and smart city solutions in depth in the context of the modern power systems. Technical topics discussed in the book include: • Hybrid smart energy system technologies • 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 business models.

Predictive Modeling for Energy Management and Power Systems Engineering introduces readers to the cutting-edge use of big data and large computational infrastructures in energy demand estimation and power management systems. The book supports engineers and scientists who seek to become familiar with advanced optimization techniques for power systems designs, optimization techniques and algorithms for consumer power management, and potential applications of machine learning and artificial intelligence in this field. The book provides modeling theory in an easy-to-read format, verified with on-site models and case studies for specific geographic regions and complex consumer markets. Presents advanced optimization techniques to improve existing energy demand system Provides data-analytic models and their practical relevance in proven case studies Explores novel developments in machine-learning and artificial intelligence applied in energy management Provides modeling theory in an easy-to-read format

The text comprehensively discusses smart grid operations and the use of big data analytics in overcoming the existing challenges. It covers smart power generation, transmission, and distribution, explains energy management systems, artificial intelligence, and machine learning–based computing. •Presents a detailed state-of-the-art analysis of big data analytics and its uses in power grids. • Describes how the big data analytics framework has been used to display energy in two scenarios including a single house and a smart grid with thousands of smart meters. •Explores the role of the internet of things, artificial intelligence, and machine learning in smart grids. • Discusses edge analytics for integration of generation technologies, and decision-making approaches in detail. • Examines research limitations and presents recommendations for further research to incorporate big data analytics into power system design and operational frameworks. The text presents a comprehensive study and assessment of the state-of-the-art research and development related to the unique needs of electrical utility grids, including operational technology, storage, processing, and communication systems. It further discusses important topics such as complex adaptive power system, self-healing power system, smart transmission, and distribution networks, and smart metering infrastructure. It will serve as an ideal reference text for senior undergraduate, graduate students, and academic researchers in the areas such as electrical engineering, electronics and communications engineering, computer engineering, and information technology.