Proceedings of the Tenth ACM International Conference on Future Energy Systems 2019
DOI: 10.1145/3307772.3330158
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AI Modelling and Time-series Forecasting Systems for Trading Energy Flexibility in Distribution Grids

Abstract: We demonstrate progress on the deployment of two sets of technologies to support distribution grid operators integrating high shares of renewable energy sources, based on a market for trading local energy flexibilities. An artificial-intelligence (AI) grid modelling tool, based on probabilistic graphs, predicts congestions and estimates the amount and location of energy flexibility required to avoid such events. A scalable timeseries forecasting system delivers large numbers of short-term predictions of distri… Show more

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Cited by 7 publications
(10 citation statements)
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“…Castor is a cloud-native system for the management of time series data and models that makes extensive use of serverless technology, in particular IBM Cloud Functions ( [25] [26]). Castor was previously applied to renewable energy forecasting and distribution grid optimization ( [27], [28]). The present aquaculture application shares several characteristics that motivate the usage of Castor.…”
Section: B Castormentioning
confidence: 99%
“…Castor is a cloud-native system for the management of time series data and models that makes extensive use of serverless technology, in particular IBM Cloud Functions ( [25] [26]). Castor was previously applied to renewable energy forecasting and distribution grid optimization ( [27], [28]). The present aquaculture application shares several characteristics that motivate the usage of Castor.…”
Section: B Castormentioning
confidence: 99%
“…A set of smart-grid technologies to enable an energy flexibility market was developed within the context of the research project GOFLEX, funded by the European Union and involving a consortium of energy utilities, technology providers and research institutions across Europe [17], [18]. The flexibility market enabled residential or industrial electrical prosumers (consumers and producers) to actively participate in the energy system by offering to sell the flexibility in their energy production and/or consumption processes.…”
Section: Data Services For Energy Flexibility Marketsmentioning
confidence: 99%
“…A smart-grid pilot deployment of an energy flexibility market, as part of the research project [17], was available at the Electricity Authority of Cyprus, the operator of the electrical distribution network in Cyprus. As also overviewed in Section II, the project sought to develop data analytic-services for predicting localised congestions on the grid, in the form of voltage violations due to excessive distributed renewable generation, and eventually prevent them by issuing bids for purchasing energy flexibility on the market [18]. Live data were collected from July 2018 through to the end of 2019.…”
Section: A Available Data and Model Architecturementioning
confidence: 99%
“…Moreover, deep learning as a recently popular technique is utilized in cross-border electricity trading and price prediction [86]. The study of [94] shows the progress in using AI algorithms to assist distribution system operators (DSO) in managing high levels of renewables on a local flexibility trading market.…”
Section: Using Ai To Enhance Value Provisioning On the Energy Platformmentioning
confidence: 99%