2016 IEEE International Energy Conference (ENERGYCON) 2016
DOI: 10.1109/energycon.2016.7514015
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Forecasting framework for open access time series in energy

Abstract: In this paper we propose a framework for automated forecasting of energy-related time series using open access data from European Network of Transmission System Operators for Electricity (ENTSO-E). The framework provides forecasts for various European countries using publicly available historical data only. Our solution was benchmarked using the actual load data and the country provided estimates (where available). We conclude that the proposed system can produce timely forecasts with comparable prediction acc… Show more

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Cited by 7 publications
(2 citation statements)
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“…The problem of time series prediction is a research topic for many years, which aims at predicting the value at a given time point. Time-series prediction problem is often addressed by using machine learning models, include Random Forest [15], GBRT [3], XGBoost [? ], and Long Short-Term Memory (LSTM) [2].…”
Section: B Flow Forecastmentioning
confidence: 99%
“…The problem of time series prediction is a research topic for many years, which aims at predicting the value at a given time point. Time-series prediction problem is often addressed by using machine learning models, include Random Forest [15], GBRT [3], XGBoost [? ], and Long Short-Term Memory (LSTM) [2].…”
Section: B Flow Forecastmentioning
confidence: 99%
“…In data science, our most recent research is about the renewable energy forecast by using distributed and privacy preserved machine-learning methods [180,181]. At end of the year, a successful R&D project was finished with OTP Bank, in which a new interpretable classification method was created and implemented to increase the efficiency of prediction.…”
Section: Data Science and Content Technologiesmentioning
confidence: 99%