Short-term electricity load forecasting is key to the safe, reliable, and economical operation of power systems. An important challenge that arises with high-frequency load series, e.g., hourly load, is how to deal with the complex seasonal patterns that are present. Standard approaches suggest either removing seasonality prior to modeling or applying time series decomposition. This work proposes a hybrid approach that combines Singular Spectrum Analysis (SSA)-based decomposition and Artificial Neural Networks (ANNs) for day-ahead hourly load forecasting. First, the trajectory matrix of the time series is constructed and decomposed into trend, oscillating, and noise components. Next, the extracted components are employed as exogenous regressors in a global forecasting model, comprising either a Multilayer Perceptron (MLP) or a Long Short-Term Memory (LSTM) predictive layer. The model is further extended to include exogenous features, e.g., weather forecasts, transformed via parallel dense layers. The predictive performance is evaluated on two real-world datasets, controlling for the effect of exogenous features on predictive accuracy. The results showcase that the decomposition step improves the relative performance for ANN models, with the combination of LSTM and SAA providing the best overall performance.

The massive penetration of Renewables into the energy mix and the existence of IoT-enabled Distributed Energy Resources (DERs) in the emerging smart grid, while a blessing towards de-carbonization, increase considerably the operations and planning functions of the grid. Cloud processing of IoT/DER data facilitates the deployment of various Demand-Response (DR) and other DER asset scenarios, the organization of distribution grids into Local Energy Markets (LEM) and the efficient computation of load forecasting and power flow. Cloud computing enables a plethora of service provisions to the grid including frequency response. The decentralized nature of DERs at the edge of the distribution grid requires nodal approaches for the computation of power grid congestion constraints and power flow solutions. We present here a cloud-edge continuum approach, anchored on the new generation of communications infrastructure, which expedites the computation time of the load and DER forecasting and optimal power flow calculations. The proposed approach allows the LEM operator to respond to Fast Frequency Response service procurement signals issued by the balancing authority requiring even sub-second latency for service settlement. The proposed cloud-edge architecture has been tested on the IEEE European Low Voltage Benchmark model and provides scalability and elasticity for various DR/DER configurations.

As the complexity of electric systems increases, so does the required effort for the monitoring and management of grid operations. To solve grid performance issues, smart grids require the exchange of higher volumes of data, high availability of the telecommunication infrastructure, and very low latency. The fifth generation (5G) mobile network seems to be the most promising technology to support such requirements, allowing utilities to have dedicated virtual slices of network resources to maximize the service availability in case of network congestions. Regarding this evolving scenario, this work presents the Smart5Grid project vision on how 5G can support the energy vertical industry for the fast deployment of innovative digital services. Specifically, this work introduces the concept of network applications (NetApps), a new paradigm of virtualization that are envisioned to facilitate the creation of a new market for information technology (IT), small and medium enterprises (SMEs), and startups. This concept, and the open architecture that facilitates its implementation, is showcased by four real-life 5G-enabled demonstrators: (1) automatic fault detection in a medium voltage (MV) grid in Italy, (2) real-time safety monitoring for operators in high voltage (HV) substations in Spain, (3) remote distributed energy resources (DER) monitoring in Bulgaria, and (4) wide area monitoring in a cross-border scenario between Greece and Bulgaria.

Data-driven machine learning-based methods have provided immense capabilities, revolutionizing sectors like the Buildings-to-grid (B2G) integrated system. Since the penetration rate of distributed energy resources increases towards a net-zero emissions power system, so does the need for advanced services that ensure B2G-integrated system reliability. The convergence of advancements in machine learning, computational resources at the entire cloud-edge continuum, and large datasets from sensing devices enable the development of these data-driven energy analytics services. This work conducts a systematic text-mining-based literature review to examine the diverse range and trends of machine learning methods used to enhance reliability in B2G-integrated systems. While traditional manual sampling and analysis approaches have limited the effectiveness of previous literature review papers in this field, this systematic literature review work aims to synthesize and summarize the existing body of research more efficiently and effectively. To achieve this, this study collected almost 10,500 papers from Scholar and Scopus databases. It employed text-mining-assisted BERTopic-based topic modelling and statistical trend analysis techniques to uncover semantic patterns and explore the temporal evolution of research themes. A two-dimensional taxonomy was derived to analyze the technical papers from a business and machine learning-related perspective. By quantifying the temporal trends within these topics, the study unveiled insights about the state-of-the-art analytics that ensure reliability in the B2G-integrated system domain while proposing future research directions.

This paper presents an integrated methodology for decision making in smart grid investments that assesses the investment plans of stakeholders in local energy communities (LECs). Considering the energy flow exchanges of the LECs and interpreting them in terms of technical benefits and costs, this methodology indicates the most sustainable and profitable solution covering the LEC energy transition plans. A set of specialized tools capturing the energy, environmental, financial, and social impacts are integrated under a common platform called the IANOS Energy Planning and Transition (IEPT) suite. The tools evaluate a set of well-defined key performance indicators that are gathered using a cost–benefit analysis (CBA) module offering multilateral assessment. By upgrading the functionalities of specialized tools, i.e., the energy modeler INTEMA, the life cycle assessment and costing tool VERIFY, and the smart grid-oriented CBA tool, the IEPT suite evaluates the viability of different smart grid investment scenarios from a multi-dimensional perspective at the LEC level. The functionalities of the proposed suite are validated in the LEC of Nisyros island, Greece, where three smart grid-based investment scenarios of different self-consumption levels are evaluated and ranked in terms of benefits and profitability. The results highlight that for a 20-year horizon of analysis, the investment scenario where a 50% self-consumption target is achieved was more financially viable compared to the 80% and 95% scenarios, achieving values of BCR and NPV equal to EUR 2.12 and EUR 4,400,000, respectively.