The use of computational intelligence techniques for mid-term electricity price forecasting

Dissertation presented as the partial requirement for obtaining a Master's degree in Information Management, specialization in Information Systems and Technologies ManagementWe currently live in a world ruled by large amounts of data. Organizations’ success is highly determined by the way they foresee and assess changes occurring in the future. Predictive data analytics is the art of building and using models that create forecasts based on patterns extracted from historical data. So, it is a process of making projections about a specific event which the outcome is still unknown in the present. One of the main applications is price prediction (Kelleher, Namee, & D’Arcy, 2015). Price prediction can be applied in innumerous types of business, including the energy sector. Additionally, Big Data has created opportunities for development of new energy services and bears a promise of better energy management and conservation (Grolinger, L’Heureux, Capretz, & Seewald, 2016). Whenever prediction deals with time-series data, it can be designated as forecasting. The electricity spot prices (ESP) represent the result of the market bidding prices outcome, in the electric wholesale market. Predicting these prices is an important and impactful task for market participants, like producers, consumers and retailers, since the principal objective for such players is to achieve the lowest cost in comparison with competitors. ESP play a huge role in energy market’s decision making. It is important both for developing proper bidding strategies as well as for making conscient and sustainable investment decisions (Keynia & Heydari, 2019). Additionally, it impacts the decision of the technologies to use, for example, choosing between renewable energy generators or classic gas turbines. Furthermore, the topic of electricity prices forecasting is extremely relevant for both developed and developing countries. Developed countries search for their economic prospect’s improvement. Electric energy efficiency is a crucial metric for that improvement. Electric energy efficiency can decrease the electricity prices thanks to the reduction of consumption, thus decreasing the need of having new expensive power generation and diminishing the pressure on energy resources. Therefore, ESP behavior is an important factor in their economy. Regarding developing economies, which have faced problems to take the populations out of poverty, the electricity sector restructuring has been fundamental for helping increase the levels of economic development (Ebrahimian, Barmayoon, Mohammadi, & Ghadimi, 2018)

Determination of Mechanical Properties of Materials by Small Punch and Other Miniature Testing Techniques: Proceedings of the 5th International Small Sample Test Techniques Conference SSTT2018

Topics include Small Scale Testing for Tensile and Fracture Behaviour of Steel, Alternative Miniaturised Test Methods, Impression Creep, Miniaturised Tensile Testing, Small Scale Testing of Advanced Materials, Small Scale Creep Testing, Small Scale Testing Methodologies and Standardisation

Recent Development of Hybrid Renewable Energy Systems

Abstract: The use of renewable energies continues to increase. However, the energy obtained from renewable resources is variable over time. The amount of energy produced from the renewable energy sources (RES) over time depends on the meteorological conditions of the region chosen, the season, the relief, etc. So, variable power and nonguaranteed energy produced by renewable sources implies intermittence of the grid. The key lies in supply sources integrated to a hybrid system (HS)