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An Insight of Deep Learning Based Demand Forecasting in Smart Grids [PDF]

open access: yesSensors, 2023
Smart grids are able to forecast customers’ consumption patterns, i.e., their energy demand, and consequently electricity can be transmitted after taking into account the expected demand.
Javier Manuel Aguiar-Pérez   +1 more
doaj   +2 more sources

Research on China insurance demand forecasting: Based on mixed frequency data model. [PDF]

open access: yesPLoS ONE
In this paper, we introduce the mixed-frequency data model (MIDAS) to China's insurance demand forecasting. We select the monthly indicators Consumer Confidence Index (CCI), China Economic Policy Uncertainty Index (EPU), Consumer Price Index (PPI), and ...
Cheng Wang   +3 more
doaj   +2 more sources

Solar Radiation Forecasting Based on the Hybrid CNN-CatBoost Model

open access: yesIEEE Access, 2023
The renewable energy industry is rapidly expanding due to environmental pollution from fossil fuels and continued price hikes. In particular, the solar energy sector accounts for about 48.7% of renewable energy, at the highest production ratio ...
Hyojeoung Kim   +4 more
doaj   +1 more source

A review of demand forecasting models and methodological developments within tourism and passenger transportation industry [PDF]

open access: yesJournal of Tourism Futures, 2019
Purpose - The purpose of this paper is to review the current literature in the field of tourism demand forecasting. Design/methodology/approach - Published papers in the high quality journals are studied and categorized based their used forecasting ...
Iman Ghalehkhondabi   +3 more
doaj   +1 more source

A novel forward operator-based Bayesian recurrent neural network-based short-term net load demand forecasting considering demand-side renewable energy

open access: yesFrontiers in Energy Research, 2022
Currently, traditional electricity consumers are now shifting to a new role of prosumers since more integration of renewable energy to demand side. Accurate short-term load demand forecasting is significant to safe, stable, and reliable operation of a ...
Jiying Wen   +3 more
doaj   +1 more source

Time Series Clustering of Electricity Demand for Industrial Areas on Smart Grid

open access: yesEnergies, 2020
This study forecasts electricity demand in a smart grid environment. We present a prediction method that uses a combination of forecasting values based on time-series clustering.
Heung-gu Son, Yunsun Kim, Sahm Kim
doaj   +1 more source

Forecasting household electric appliances consumption and peak demand based on hybrid machine learning approach

open access: yesEnergy Reports, 2020
Machine learning approaches have diverse applications in forecasting electrical energy consumption using smart meter data. Various classification techniques and clustering methods analyze smart meter data for accurately forecasting the electrical ...
Ejaz Ul Haq   +4 more
doaj   +1 more source

Container Shipment Demand Forecasting in the Australian Shipping Industry: A Case Study of Asia–Oceania Trade Lane

open access: yesJournal of Marine Science and Engineering, 2021
Demand forecasting has a pivotal role in making informed business decisions by predicting future sales using historical data. Traditionally, demand forecasting has been widely used in the management of production, staffing and warehousing for sales and ...
Ayesha Ubaid   +2 more
doaj   +1 more source

Demand Forecasting of Spare Parts Using Artificial Intelligence: A Case Study of K-X Tanks

open access: yesMathematics, 2023
The proportion of the inventory range associated with spare parts is often considered in the industrial context. Therefore, even minor improvements in forecasting the demand for spare parts can lead to substantial cost savings.
Jae-Dong Kim   +2 more
doaj   +1 more source

A new key performance indicator model for demand forecasting in inventory management considering supply chain reliability and seasonality

open access: yesSupply Chain Analytics, 2023
Forecasting demand and determining safety stocks are key aspects of supply chain planning. Demand forecasting involves predicting future demand for a product or service using historical data and other external and internal drivers.
Yasin Tadayonrad, Alassane Balle Ndiaye
doaj   +1 more source

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