arXiv Machine Learning
Sep 22

WPBench: A Comprehensive Benchmark for Wind Power Forecasting

arXiv:2609.24444v1 Announce Type: new Abstract: Accurate, reliable, and deployable wind power forecasting is critical for power system dispatch, renewable energy integration, and electricity market o...

By Yuhan Zhu, Jilin Hu, Xinying Cai, Yingshan Li, Li Ma, Xiangfei Qiu Linsen Li, Kai Zhang, Yao Fu, Weihao Jiang, Bin Yang
arXiv AI
Oct 12

Machine Learning and Time-Series Foundation Models for Day-Ahead Electricity Forecasting in a University Building

The study benchmarks various forecasting models—including statistical, machine‑learning, recurrent neural networks, and pretrained TimesFM—for day‑ahead electricity demand in a university building. TimesFM 3.0 with weather covariates achieves the lowest overall mean absolute error, outperforming a weekly seasonal‑naive baseline by about 43%, while XGBoost remains competitive and requires only local fitting. The LSTM model takes longer to train without improving accuracy, and TimesFM’s performance is robust even without covariates, though covariates slightly improve holiday forecasts.

By Amey Vasulkar, Samuel Kernan Freire, Arie-Willem de Leeuw, Tadeo-Baldiri Salcedo-Rahola