Recently there has been a significant proliferation in the use of forecasting techniques, mainly due to the increased availability and power of computation systems and, in particular, to the usage of personal computers. This is also true for power network systems, where energy demand forecasting has been an important field in order to allow generation planning and adaptation. Apart from the quantitative progression, there has also been a change in the type of models proposed and used. In the `70s, the usage of non-linear techniques was generally not popular among scientists and engineers. However, in the last two decades they have become very important techniques in solving complex problems which would be very difficult to tackle otherwise. With the recent emergence of smart grids, new environments have appeared capable of integrating demand, generation, and storage. These employ intelligent and adaptive elements that require more advanced techniques for accurate and precise demand and generation forecasting in order to work optimally. This review discusses the most relevant studies on electric demand prediction over the last 40 years, and presents the different models used as well as the future trends. Additionally, it analyzes the latest studies on demand forecasting in the future environments that emerge from the usage of smart grids.

Recent technological advances in the power generation and information technologies areas are helping to change the modern electricity supply system in order to comply with higher energy efficiency and sustainability standards. Smart grids are an emerging trend that introduce intelligence in the power grid to optimize resource usage. In order for this intelligence to be effective, it is necessary to retrieve enough information about the grid operation together with other context data such as environmental variables, and intelligently modify the behavior of the network elements accordingly. This article presents a multi-agent system model for virtual power plants, a new power plant concept in which generation no longer occurs in big installations, but is the result of the cooperation of smaller and more intelligent elements. The proposed model is not only focused on the management of the different elements, but includes a set of agents embedded with artificial neural networks for collaborative forecasting of disaggregated energy demand of domestic end users, the results of which are also shown in this article.

Electricity is indispensable and of strategic importance to national economies. Consequently, electric utilities make an effort to balance power generation and demand in order to offer a good service at a competitive price. For this purpose, these utilities need electric load forecasts to be as accurate as possible. However, electric load depends on many factors (day of the week, month of the year, etc.), which makes load forecasting quite a complex process requiring something other than statistical methods. This study presents an electric load forecast architectural model based on an Artificial Neural Network (ANN) that performs Short-Term Load Forecasting (STLF). In this study, we present the excellent results obtained, and highlight the simplicity of the proposed model. Load forecasting was performed in a geographic location of the size of a potential microgrid, as microgrids appear to be the future of electric power supply.

One of the main challenges of today’s society is the need to fulfill at the same time the two sides of the dichotomy between the growing energy demand and the need to look after the environment. Smart Grids are one of the answers: intelligent energy grids which retrieve data about the environment through extensive sensor networks and react accordingly to optimize resource consumption. In order to do this, the Smart Grids need to understand the existing relationship between energy demand and a set of relevant climatic variables. All smart “systems” (buildings, cities, homes, consumers, etc.) have the potential to employ their intelligence for self-adaptation to climate conditions. After introducing the Smart World, a global framework for the collaboration of these smart systems, this paper presents the relationship found at experimental level between a range of relevant weather variables and electric power demand patterns, presenting a case study using an agent-based system, and emphasizing the need to consider this relationship in certain Smart World (and specifically Smart Grid and microgrid) applications.

The new paradigms and latest developments in the Electrical Grid are based on the introduction of distributed intelligence at several stages of its physical layer, giving birth to concepts such as Smart Grids, Virtual Power Plants, microgrids, Smart Buildings and Smart Environments. Distributed Generation (DG) is a philosophy in which energy is no longer produced exclusively in huge centralized plants, but also in smaller premises which take advantage of local conditions in order to minimize transmission losses and optimize production and consumption. This represents a new opportunity for renewable energy, because small elements such as solar panels and wind turbines are expected to be scattered along the grid, feeding local installations or selling energy to the grid depending on their local generation/consumption conditions. The introduction of these highly dynamic elements will lead to a substantial change in the curves of demanded energy. The aim of this paper is to apply Short-Term Load Forecasting (STLF) in microgrid environments with curves and similar behaviours, using two different data sets: the first one packing electricity consumption information during four years and six months in a microgrid along with calendar data, while the second one will be just four months of the previous parameters along with the solar radiation from the site. For the first set of data different STLF models will be discussed, studying the effect of each variable, in order to identify the best one. That model will be employed with the second set of data, in order to make a comparison with a new model that takes into account the solar radiation, since the photovoltaic installations of the microgrid will cause the power demand to fluctuate depending on the solar radiation.