Hybrid Advanced Optimization Methods with Evolutionary Computation Techniques in Energy Forecasting

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, etc.) with advanced algorithms (e.g., genetic algorithms, ant colony optimization, particle swarm optimization algorithm, etc.) 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

Artificial intelligence in wind speed forecasting: a review

Wind energy production has had accelerated growth in recent years, reaching an annual increase of 17% in 2021. Wind speed plays a crucial role in the stability required for power grid operation. However, wind intermittency makes accurate forecasting a complicated process. Implementing new technologies has allowed the development of hybrid models and techniques, improving wind speed forecasting accuracy. Additionally, statistical and artificial intelligence methods, especially artificial neural networks, have been applied to enhance the results. However, there is a concern about identifying the main factors influencing the forecasting process and providing a basis for estimation with artificial neural network models. This paper reviews and classifies the forecasting models used in recent years according to the input model type, the pre-processing and post-processing technique, the artificial neural network model, the prediction horizon, the steps ahead number, and the evaluation metric. The research results indicate that artificial neural network (ANN)-based models can provide accurate wind forecasting and essential information about the specific location of potential wind use for a power plant by understanding the future wind speed values

A novel multiscale nonlinear ensemble leaning paradigm for carbon price forecasting

In this study, a novel multiscale nonlinear ensemble leaning paradigm incorporating empirical mode decomposition (EMD) and least square support vector machine (LSSVM) with kernel function prototype is proposed for carbon price forecasting. The EMD algorithm is used to decompose the carbon price into simple intrinsic mode functions (IMFs) and one residue, which are identified as the components of high frequency, low frequency and trend by using the Lempel-Ziv complexity algorithm. The Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model is used to forecast the high frequency IMFs with ARCH effects. The LSSVM model with kernel function prototype is employed to forecast the high frequency IMFs without ARCH effects, the low frequency and trend components. The forecasting values of all the components are aggregated into the ones of original carbon price by the LSSVM with kernel function prototype-based nonlinear ensemble approach. Furthermore, particle swarm optimization is used for model selections of the LSSVM with kernel function prototype. Taking the popular prediction methods as benchmarks, the empirical analysis demonstrates that the proposed model can achieve higher level and directional predictions and higher robustness. The findings show that the proposed model seems an advanced approach for predicting the high nonstationary, nonlinear and irregular carbon price

Big Data Analysis application in the renewable energy market: wind power

Entre as enerxías renovables, a enerxía eólica e unha das tecnoloxías mundiais de rápido crecemento. Non obstante, esta incerteza debería minimizarse para programar e xestionar mellor os activos de xeración tradicionais para compensar a falta de electricidade nas redes electricas. A aparición de técnicas baseadas en datos ou aprendizaxe automática deu a capacidade de proporcionar predicións espaciais e temporais de alta resolución da velocidade e potencia do vento. Neste traballo desenvólvense tres modelos diferentes de ANN, abordando tres grandes problemas na predición de series de datos con esta técnica: garantía de calidade de datos e imputación de datos non válidos, asignación de hiperparámetros e selección de funcións. Os modelos desenvolvidos baséanse en técnicas de agrupación, optimización e procesamento de sinais para proporcionar predicións de velocidade e potencia do vento a curto e medio prazo (de minutos a horas)

Advanced Sensing, Fault Diagnostics, and Structural Health Management

Advanced sensing, fault diagnosis, and structural health management are important parts of the maintenance strategy of modern industries. With the advancement of science and technology, modern structural and mechanical systems are becoming more and more complex. Due to the continuous nature of operation and utilization, modern systems are heavily susceptible to faults. Hence, the operational reliability and safety of the systems can be greatly enhanced by using the multifaced strategy of designing novel sensing technologies and advanced intelligent algorithms and constructing modern data acquisition systems and structural health monitoring techniques. As a result, this research domain has been receiving a significant amount of attention from researchers in recent years. Furthermore, the research findings have been successfully applied in a wide range of fields such as aerospace, manufacturing, transportation and processes

Modeling and Simulation in Engineering

The Special Issue Modeling and Simulation in Engineering, belonging to the section Engineering Mathematics of the Journal Mathematics, publishes original research papers dealing with advanced simulation and modeling techniques. The present book, “Modeling and Simulation in Engineering I, 2022”, contains 14 papers accepted after peer review by recognized specialists in the field. The papers address different topics occurring in engineering, such as ferrofluid transport in magnetic fields, non-fractal signal analysis, fractional derivatives, applications of swarm algorithms and evolutionary algorithms (genetic algorithms), inverse methods for inverse problems, numerical analysis of heat and mass transfer, numerical solutions for fractional differential equations, Kriging modelling, theory of the modelling methodology, and artificial neural networks for fault diagnosis in electric circuits. It is hoped that the papers selected for this issue will attract a significant audience in the scientific community and will further stimulate research involving modelling and simulation in mathematical physics and in engineering