arXiv Machine Learning

Electricity price forecasting across Norway's five bidding zones in the post-crisis era

arXiv:2604. 26634v2 Announce Type: replace Abstract: Norway's electricity market is heavily dominated by hydropower, but the 2021-2022 energy crisis and stronger integration with Continental Europe have fundamentally altered price formation, reducing the reliability of forecasting models calibrated on historical data.

arXiv Machine Learning
Aug 19

Deep Learning for Cross-Border Electricity Price Forecasting: A Comparative Study

The paper presents a comparative study of six deep learning models—state-space, MLP, RNN, and Transformer-based architectures—for cross-border electricity price forecasting using publicly available data. It focuses on generalization across markets and evaluates performance under low-data target-market conditions (zero-shot, one-shot, few-shot) with a standardized dataset for the Germany‑Luxembourg bidding zone in 2024. Results show that N‑HiTS and NBEATSx perform competitively in limited‑data scenarios, while transformer models achieve comparable accuracy but require more adaptation and tuning, and that careful feature selection and hyperparameter tuning improve performance.

By Hadeer Elashhab, Sai Srijan Papineni, Marvin Dorn, Veit Hagenmeyer, Benjamin Sch\"afer
Hugging Face Trending Papers
Aug 19

An Empirical Benchmark of Deep Time-Series Models for Smart Meter Energy Forecasting

The paper presents an empirical benchmark of nine deep learning models for smart meter energy forecasting, evaluating them on two public datasets. It examines how historical input length, prediction horizon, and model architecture affect accuracy, finding that longer historical context improves performance up to a saturation point while accuracy declines with longer horizons. The study also compares computational cost, showing lightweight models achieve similar accuracy to heavier ones, and notes that model choice matters less across most population segments.

arXiv Machine Learning
Aug 20

An Empirical Benchmark of Deep Time-Series Models for Smart Meter Energy Forecasting

The paper presents an empirical benchmark of nine modern deep‑learning models for time‑series forecasting of smart‑meter energy consumption, evaluated on two publicly available datasets. It examines how historical input length, prediction horizon, and model architecture affect accuracy, finding that longer historical context improves performance up to a saturation point and that accuracy declines with longer horizons. The study also compares computational complexity, showing that lightweight architectures achieve similar performance to heavier models, and notes that model choice has limited impact across most demographic and household subgroups.

By Behnaz Kavoosighafi, Maria Eidenskog, Wiktoria Glad, Katerina Vrotsou
arXiv AI
Jul 28

AIFL: A Global Daily Streamflow Forecasting Model Using a Deterministic LSTM Pre-trained on ERA5-Land and Fine-tuned on IFS

arXiv:2602. 16579v2 Announce Type: replace-cross Abstract: Reliable global streamflow forecasting is essential for flood preparedness and water resource management, yet data-driven models often suffer from a performance gap when transitioning from historical reanalysis to operational forecast products.

By Maria Luisa Taccari, Kenza Tazi, Ois\'in M. Morrison, Andreas Grafberger, Juan Colonese, Corentin Carton de Wiart, Christel Prudhomme, Cinzia Mazzetti, Matthew Chantry, Florian Pappenberger
arXiv Machine Learning
Jul 21

Time-Aware Prior Fitted Networks for Zero-Shot Forecasting with Exogenous Variables

arXiv:2603. 15802v2 Announce Type: replace Abstract: In many time series forecasting settings, the target time series is accompanied by exogenous covariates, such as promotions and prices in retail demand; temperature in energy load; calendar and holiday indicators for traffic or sales; and grid load or fuel costs in electricity pricing.

By Andres Potapczynski, Ravi Kiran Selvam, Tatiana Konstantinova, Malcolm Wolff, Kin G. Olivares, Ruijun Ma, Michael W. Mahoney, Andrew Gordon Wilson, Boris N. Oreshkin, Dmitry Efimov
arXiv Machine Learning
Sep 10

Electricity Price Forecasting: Bridging Linear Models, Neural Networks and Online Learning

The paper presents a hybrid neural architecture that blends linear and nonlinear feed‑forward networks for day‑ahead electricity price forecasting. It introduces a partial online learning strategy with warm‑starting and stage‑specific hyperparameters to cut computational time, and employs Bernstein Online Aggregation to combine forecasts. Experiments on six years of major European markets show the method reduces RMSE by 11‑12% and MAE by 14‑17% compared to state‑of‑the‑art benchmarks while lowering computational cost.

By Btissame El Mahtout, Florian Ziel