Development of Neurofuzzy Architectures for Electricity Price Forecasting

In 20th century, many countries have liberalized their electricity market. This power markets liberalization has directed generation companies as well as wholesale buyers to undertake a greater intense risk exposure compared to the old centralized framework. In this framework, electricity price prediction has become crucial for any market player in their decision‐making process as well as strategic planning. In this study, a prototype asymmetric‐based neuro‐fuzzy network (AGFINN) architecture has been implemented for short‐term electricity prices forecasting for ISO New England market. AGFINN framework has been designed through two different defuzzification schemes. Fuzzy clustering has been explored as an initial step for defining the fuzzy rules while an asymmetric Gaussian membership function has been utilized in the fuzzification part of the model. Results related to the minimum and maximum electricity prices for ISO New England, emphasize the superiority of the proposed model over well‐established learning‐based models

Computational intelligence approaches for energy load forecasting in smart energy management grids: state of the art, future challenges, and research directions and Research Directions

Energy management systems are designed to monitor, optimize, and control the smart grid energy market. Demand-side management, considered as an essential part of the energy management system, can enable utility market operators to make better management decisions for energy trading between consumers and the operator. In this system, a priori knowledge about the energy load pattern can help reshape the load and cut the energy demand curve, thus allowing a better management and distribution of the energy in smart grid energy systems. Designing a computationally intelligent load forecasting (ILF) system is often a primary goal of energy demand management. This study explores the state of the art of computationally intelligent (i.e., machine learning) methods that are applied in load forecasting in terms of their classification and evaluation for sustainable operation of the overall energy management system. More than 50 research papers related to the subject identified in existing literature are classified into two categories: namely the single and the hybrid computational intelligence (CI)-based load forecasting technique. The advantages and disadvantages of each individual techniques also discussed to encapsulate them into the perspective into the energy management research. The identified methods have been further investigated by a qualitative analysis based on the accuracy of the prediction, which confirms the dominance of hybrid forecasting methods, which are often applied as metaheurstic algorithms considering the different optimization techniques over single model approaches. Based on extensive surveys, the review paper predicts a continuous future expansion of such literature on different CI approaches and their optimizations with both heuristic and metaheuristic methods used for energy load forecasting and their potential utilization in real-time smart energy management grids to address future challenges in energy demand managemen

Forecasting bus passenger flows by using a clustering-based support vector regression approach

As a significant component of the intelligent transportation system, forecasting bus passenger flows plays a key role in resource allocation, network planning, and frequency setting. However, it remains challenging to recognize high fluctuations, nonlinearity, and periodicity of bus passenger flows due to varied destinations and departure times. For this reason, a novel forecasting model named as affinity propagation-based support vector regression (AP-SVR) is proposed based on clustering and nonlinear simulation. For the addressed approach, a clustering algorithm is first used to generate clustering-based intervals. A support vector regression (SVR) is then exploited to forecast the passenger flow for each cluster, with the use of particle swarm optimization (PSO) for obtaining the optimized parameters. Finally, the prediction results of the SVR are rearranged by chronological order rearrangement. The proposed model is tested using real bus passenger data from a bus line over four months. Experimental results demonstrate that the proposed model performs better than other peer models in terms of absolute percentage error and mean absolute percentage error. It is recommended that the deterministic clustering technique with stable cluster results (AP) can improve the forecasting performance significantly.info:eu-repo/semantics/publishedVersio

Robust 24 Hours ahead Forecast in a Microgrid: A Real Case Study

Forecasting the power production from renewable energy sources (RESs) has become fundamental in microgrid applications to optimize scheduling and dispatching of the available assets. In this article, a methodology to provide the 24 h ahead Photovoltaic (PV) power forecast based on a Physical Hybrid Artificial Neural Network (PHANN) for microgrids is presented. The goal of this paper is to provide a robust methodology to forecast 24 h in advance the PV power production in a microgrid, addressing the specific criticalities of this environment. The proposed approach has to validate measured data properly, through an effective algorithm and further refine the power forecast when newer data are available. The procedure is fully implemented in a facility of the Multi-Good Microgrid Laboratory (MG(Lab)(2)) of the Politecnico di Milano, Milan, Italy, where new Energy Management Systems (EMSs) are studied. Reported results validate the proposed approach as a robust and accurate procedure for microgrid applications

Recent Development in Electricity Price Forecasting Based on Computational Intelligence Techniques in Deregulated Power Market

The development of artificial intelligence (AI) based techniques for electricity price forecasting (EPF) provides essential information to electricity market participants and managers because of its greater handling capability of complex input and output relationships. Therefore, this research investigates and analyzes the performance of different optimization methods in the training phase of artificial neural network (ANN) and adaptive neuro-fuzzy inference system (ANFIS) for the accuracy enhancement of EPF. In this work, a multi-objective optimization-based feature selection technique with the capability of eliminating non-linear and interacting features is implemented to create an efficient day-ahead price forecasting. In the beginning, the multi-objective binary backtracking search algorithm (MOBBSA)-based feature selection technique is used to examine various combinations of input variables to choose the suitable feature subsets, which minimizes, simultaneously, both the number of features and the estimation error. In the later phase, the selected features are transferred into the machine learning-based techniques to map the input variables to the output in order to forecast the electricity price. Furthermore, to increase the forecasting accuracy, a backtracking search algorithm (BSA) is applied as an efficient evolutionary search algorithm in the learning procedure of the ANFIS approach. The performance of the forecasting methods for the Queensland power market in the year 2018, which is well-known as the most competitive market in the world, is investigated and compared to show the superiority of the proposed methods over other selected methods.© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).fi=vertaisarvioitu|en=peerReviewed

A Review on Application of Artificial Intelligence Techniques in Microgrids

A microgrid can be formed by the integration of different components such as loads, renewable/conventional units, and energy storage systems in a local area. Microgrids with the advantages of being flexible, environmentally friendly, and self-sufficient can improve the power system performance metrics such as resiliency and reliability. However, design and implementation of microgrids are always faced with different challenges considering the uncertainties associated with loads and renewable energy resources (RERs), sudden load variations, energy management of several energy resources, etc. Therefore, it is required to employ such rapid and accurate methods, as artificial intelligence (AI) techniques, to address these challenges and improve the MG's efficiency, stability, security, and reliability. Utilization of AI helps to develop systems as intelligent as humans to learn, decide, and solve problems. This paper presents a review on different applications of AI-based techniques in microgrids such as energy management, load and generation forecasting, protection, power electronics control, and cyber security. Different AI tasks such as regression and classification in microgrids are discussed using methods including machine learning, artificial neural networks, fuzzy logic, support vector machines, etc. The advantages, limitation, and future trends of AI applications in microgrids are discussed.©2022 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.fi=vertaisarvioitu|en=peerReviewed

Forecasting tools and probabilistic scheduling approach incorporatins renewables uncertainty for the insular power systems industry

Nowadays, the paradigm shift in the electricity sector and the advent of the smart grid, along with the growing impositions of a gradual reduction of greenhouse gas emissions, pose numerous challenges related with the sustainable management of power systems. The insular power systems industry is heavily dependent on imported energy, namely fossil fuels, and also on seasonal tourism behavior, which strongly influences the local economy. In comparison with the mainland power system, the behavior of insular power systems is highly influenced by the stochastic nature of the renewable energy sources available. The insular electricity grid is particularly sensitive to power quality parameters, mainly to frequency and voltage deviations, and a greater integration of endogenous renewables potential in the power system may affect the overall reliability and security of energy supply, so singular care should be placed in all forecasting and system operation procedures. The goals of this thesis are focused on the development of new decision support tools, for the reliable forecasting of market prices and wind power, for the optimal economic dispatch and unit commitment considering renewable generation, and for the smart control of energy storage systems. The new methodologies developed are tested in real case studies, demonstrating their computational proficiency comparatively to the current state-of-the-art

Wind generation forecasting methods and proliferation of artificial neural network:A review of five years research trend

To sustain a clean environment by reducing fossil fuels-based energies and increasing the integration of renewable-based energy sources, i.e., wind and solar power, have become the national policy for many countries. The increasing demand for renewable energy sources, such as wind, has created interest in the economic and technical issues related to the integration into the power grids. Having an intermittent nature and wind generation forecasting is a crucial aspect of ensuring the optimum grid control and design in power plants. Accurate forecasting provides essential information to empower grid operators and system designers in generating an optimal wind power plant, and to balance the power supply and demand. In this paper, we present an extensive review of wind forecasting methods and the artificial neural network (ANN) prolific in this regard. The instrument used to measure wind assimilation is analyzed and discussed, accurately, in studies that were published from May 1st, 2014 to May 1st, 2018. The results of the review demonstrate the increased application of ANN into wind power generation forecasting. Considering the component limitation of other systems, the trend of deploying the ANN and its hybrid systems are more attractive than other individual methods. The review further revealed that high forecasting accuracy could be achieved through proper handling and calibration of the wind-forecasting instrument and method

Wind turbine power output short-term forecast : a comparative study of data clustering techniques in a PSO-ANFIS model

Abstract:The emergence of new sites for wind energy exploration in South Africa requires an accurate prediction of the potential power output of a typical utility-scale wind turbine in such areas. However, careful selection of data clustering technique is very essential as it has a significant impact on the accuracy of the prediction. Adaptive neurofuzzy inference system (ANFIS), both in its standalone and hybrid form has been applied in offline and online forecast in wind energy studies, however, the effect of clustering techniques has not been reported despite its significance. Therefore, this study investigates the effect of the choice of clustering algorithm on the performance of a standalone ANFIS and ANFIS optimized with particle swarm optimization (PSO) technique using a synthetic wind turbine power output data of a potential site in the Eastern Cape, South Africa. In this study a wind resource map for the Eastern Cape province was developed. Also, autoregressive ANFIS models and their hybrids with PSO were developed. Each model was evaluated based on three clustering techniques (grid partitioning (GP), subtractive clustering (SC), and fuzzy-c-means (FCM)). The gross wind power of the model wind turbine was estimated from the wind speed data collected from the potential site at 10 min data resolution using Windographer software. The standalone and hybrid models were trained and tested with 70% and 30% of the dataset respectively. The performance of each clustering technique was compared for both standalone and PSO-ANFIS models using known statistical metrics. From our findings, ANFIS standalone model clustered with SC performed best among the standalone models with a root mean square error (RMSE) of 0.132, mean absolute percentage error (MAPE) of 30.94, a mean absolute deviation (MAD) of 0.077, relative mean bias error (rMBE) of 0.190 and variance accounted for (VAF) of 94.307. Also, PSO-ANFIS model clustered with SC technique performed the best among the three hybrid models with RMSE of 0.127, MAPE of 28.11, MAD of 0.078, rMBE of 0.190 and VAF of 94.311. The ANFIS-SC model recorded the lowest computational time of 30.23secs among the standalone models. However, the PSO-ANFIS-SC model recorded a computational time of 47.21secs. Based on our findings, a hybrid ANFIS model gives better forecast accuracy compared to the standalone model, though with a trade-off in the computational time. Since, the choice of clustering technique was observed to play a vital role in the forecast accuracy of standalone and hybrid models, this study recommends SC technique for ANFIS modeling at both standalone and hybrid models