Net Load Forecasting

Net load forecasting aims to accurately predict the overall electricity demand on a power grid, considering both consumption and renewable energy generation, primarily to optimize grid reliability and energy trading. Current research emphasizes improving the accuracy and trustworthiness of these forecasts, particularly focusing on deep learning architectures like LSTMs, Temporal Convolutional Networks, and novel hybrid models incorporating autoencoders and kernel methods, to handle the increasing variability from sources like solar power. This work is crucial for efficient grid management, enabling better integration of renewable energy and more informed decision-making in energy markets. A key challenge is building trust in model predictions through improved visualization and analysis of model performance under diverse conditions, including extreme events.

Papers