Powering Electricity Forecasting with Transfer Learning

Accurate forecasting is one of the keys to the efficient use of the limited existing energy resources and plays an important role in sustainable development. While most of the current research has focused on energy price forecasting, very few studies have considered medium-term (monthly) electricity...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kamalov, Firuz (author)
مؤلفون آخرون: Sulieman, Hana (author), Moussa, Sherif (author), Reyes, Jorge Avante (author), Safaraliev, Murodbek (author)
التنسيق: article
منشور في: 2024
الموضوعات:
الوصول للمادة أونلاين:https://hdl.handle.net/11073/32533
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author Kamalov, Firuz
author2 Sulieman, Hana
Moussa, Sherif
Reyes, Jorge Avante
Safaraliev, Murodbek
author2_role author
author
author
author
author_facet Kamalov, Firuz
Sulieman, Hana
Moussa, Sherif
Reyes, Jorge Avante
Safaraliev, Murodbek
author_role author
dc.creator.none.fl_str_mv Kamalov, Firuz
Sulieman, Hana
Moussa, Sherif
Reyes, Jorge Avante
Safaraliev, Murodbek
dc.date.none.fl_str_mv 2024
2025-12-08T07:45:55Z
2025-12-08T07:45:55Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv Kamalov, F.; Sulieman, H.; Moussa, S.; Avante Reyes, J.; Safaraliev, M. Powering Electricity Forecasting with Transfer Learning. Energies 2024, 17, 626. https://doi.org/10.3390/en17030626
1996-1073
https://hdl.handle.net/11073/32533
10.3390/en17030626
dc.language.none.fl_str_mv en_US
dc.publisher.none.fl_str_mv MDPI
dc.relation.none.fl_str_mv https://doi.org/10.3390/en17030626
dc.subject.none.fl_str_mv Electricity forecasting
Transfer learning
Electricity generation
NBEATS
Deep learning
Medium-term
dc.title.none.fl_str_mv Powering Electricity Forecasting with Transfer Learning
dc.type.none.fl_str_mv Peer-Reviewed
Published version
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description Accurate forecasting is one of the keys to the efficient use of the limited existing energy resources and plays an important role in sustainable development. While most of the current research has focused on energy price forecasting, very few studies have considered medium-term (monthly) electricity generation. This research aims to fill this gap by proposing a novel forecasting approach based on zero-shot transfer learning. Specifically, we train a Neural Basis Expansion Analysis for Time Series (NBEATS) model on a vast dataset comprising diverse time series data. Then, the trained model is applied to forecast electric power generation using zero-shot learning. The results show that the proposed method achieves a lower error than the benchmark deep learning and statistical methods, especially in backtesting. Furthermore, the proposed method provides vastly superior execution time as it does not require problem-specific training.
format article
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identifier_str_mv Kamalov, F.; Sulieman, H.; Moussa, S.; Avante Reyes, J.; Safaraliev, M. Powering Electricity Forecasting with Transfer Learning. Energies 2024, 17, 626. https://doi.org/10.3390/en17030626
1996-1073
10.3390/en17030626
language_invalid_str_mv en_US
network_acronym_str aus
network_name_str aus
oai_identifier_str oai:repository.aus.edu:11073/32533
publishDate 2024
publisher.none.fl_str_mv MDPI
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Powering Electricity Forecasting with Transfer LearningKamalov, FiruzSulieman, HanaMoussa, SherifReyes, Jorge AvanteSafaraliev, MurodbekElectricity forecastingTransfer learningElectricity generationNBEATSDeep learningMedium-termAccurate forecasting is one of the keys to the efficient use of the limited existing energy resources and plays an important role in sustainable development. While most of the current research has focused on energy price forecasting, very few studies have considered medium-term (monthly) electricity generation. This research aims to fill this gap by proposing a novel forecasting approach based on zero-shot transfer learning. Specifically, we train a Neural Basis Expansion Analysis for Time Series (NBEATS) model on a vast dataset comprising diverse time series data. Then, the trained model is applied to forecast electric power generation using zero-shot learning. The results show that the proposed method achieves a lower error than the benchmark deep learning and statistical methods, especially in backtesting. Furthermore, the proposed method provides vastly superior execution time as it does not require problem-specific training.American University of SharjahMDPI2025-12-08T07:45:55Z2025-12-08T07:45:55Z2024Peer-ReviewedPublished versioninfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfKamalov, F.; Sulieman, H.; Moussa, S.; Avante Reyes, J.; Safaraliev, M. Powering Electricity Forecasting with Transfer Learning. Energies 2024, 17, 626. https://doi.org/10.3390/en170306261996-1073https://hdl.handle.net/11073/3253310.3390/en17030626en_UShttps://doi.org/10.3390/en17030626oai:repository.aus.edu:11073/325332025-12-08T11:41:31Z
spellingShingle Powering Electricity Forecasting with Transfer Learning
Kamalov, Firuz
Electricity forecasting
Transfer learning
Electricity generation
NBEATS
Deep learning
Medium-term
status_str publishedVersion
title Powering Electricity Forecasting with Transfer Learning
title_full Powering Electricity Forecasting with Transfer Learning
title_fullStr Powering Electricity Forecasting with Transfer Learning
title_full_unstemmed Powering Electricity Forecasting with Transfer Learning
title_short Powering Electricity Forecasting with Transfer Learning
title_sort Powering Electricity Forecasting with Transfer Learning
topic Electricity forecasting
Transfer learning
Electricity generation
NBEATS
Deep learning
Medium-term
url https://hdl.handle.net/11073/32533