A Benchmark for Electrical Load Forecasting Across Grid Levels: Time-Series Transformers Outperform Established Methods
Matthias Hertel, Sebastian Pütz, Jonathan Kolar, Benjamin Schäfer, Ralf Mikut, Veit Hagenmeyer
Accurate load forecasting at multiple grid levels is essential for future smart grids, ranging from aggregated control area forecasts for balancing supply and demand to forecasts of individual end-consumer loads for demand-side management and energy management systems. We present…