Machine learning in energy economics and finance: A review

H Ghoddusi, GG Creamer, N Rafizadeh - Energy Economics, 2019 - Elsevier
Abstract Machine learning (ML) is generating new opportunities for innovative research in
energy economics and finance. We critically review the burgeoning literature dedicated to …

Forecasting methods in energy planning models

KB Debnath, M Mourshed - Renewable and Sustainable Energy Reviews, 2018 - Elsevier
Energy planning models (EPMs) play an indispensable role in policy formulation and energy
sector development. The forecasting of energy demand and supply is at the heart of an EPM …

Underestimated impact of the COVID-19 on carbon emission reduction in developing countries–a novel assessment based on scenario analysis

Q Wang, S Li, R Li, F Jiang - Environmental Research, 2022 - Elsevier
Existing studies on the impact of the COVID-19 pandemic on carbon emissions are mainly
based on inter-annual change rate of carbon emissions. This study provided a new way to …

Forecasting mid-long term electric energy consumption through bagging ARIMA and exponential smoothing methods

EM de Oliveira, FLC Oliveira - Energy, 2018 - Elsevier
In the last decades, the world's energy consumption has increased rapidly due to
fundamental changes in the industry and economy. In such terms, accurate demand …

Improving renewable energy policy planning and decision-making through a hybrid MCDM method

R Alizadeh, L Soltanisehat, PD Lund, H Zamanisabzi - Energy Policy, 2020 - Elsevier
Shifting from fossil to clean energy sources is a major global challenge, but in particular for
those countries with substantial fossil-fuel reserves and economies depending on fossil-fuel …

Short-term residential load forecasting: Impact of calendar effects and forecast granularity

P Lusis, KR Khalilpour, L Andrew, A Liebman - Applied energy, 2017 - Elsevier
Literature is rich in methodologies for “aggregated” load forecasting which has helped
electricity network operators and retailers in optimal planning and scheduling. The recent …

Conventional models and artificial intelligence-based models for energy consumption forecasting: A review

N Wei, C Li, X Peng, F Zeng, X Lu - Journal of Petroleum Science and …, 2019 - Elsevier
Conventional models and artificial intelligence (AI)-based models have been widely applied
for energy consumption forecasting over the past decades. This paper reviews conventional …

Forecasting energy consumption using ensemble ARIMA–ANFIS hybrid algorithm

S Barak, SS Sadegh - International Journal of Electrical Power & Energy …, 2016 - Elsevier
Energy consumption is on the rise in developing economies. In order to improve present and
future energy supplies, forecasting energy demands is essential. However, lack of accurate …

A systematic review of statistical and machine learning methods for electrical power forecasting with reported mape score

E Vivas, H Allende-Cid, R Salas - Entropy, 2020 - mdpi.com
Electric power forecasting plays a substantial role in the administration and balance of
current power systems. For this reason, accurate predictions of service demands are needed …

Improving the Bi-LSTM model with XGBoost and attention mechanism: A combined approach for short-term power load prediction

Y Dai, Q Zhou, M Leng, X Yang, Y Wang - Applied Soft Computing, 2022 - Elsevier
Short term power load forecasting plays an important role in the management and
development of power systems with a focus on the reduction in power wastes and economic …