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Journal ArticleDOI

A review on time series forecasting techniques for building energy consumption

TLDR
The various combinations of the hybrid model are found to be the most effective in time series energy forecasting for building and the nine most popular forecasting techniques based on the machine learning platform are analyzed.
Abstract
Energy consumption forecasting for buildings has immense value in energy efficiency and sustainability research. Accurate energy forecasting models have numerous implications in planning and energy optimization of buildings and campuses. For new buildings, where past recorded data is unavailable, computer simulation methods are used for energy analysis and forecasting future scenarios. However, for existing buildings with historically recorded time series energy data, statistical and machine learning techniques have proved to be more accurate and quick. This study presents a comprehensive review of the existing machine learning techniques for forecasting time series energy consumption. Although the emphasis is given to a single time series data analysis, the review is not just limited to it since energy data is often co-analyzed with other time series variables like outdoor weather and indoor environmental conditions. The nine most popular forecasting techniques that are based on the machine learning platform are analyzed. An in-depth review and analysis of the ‘hybrid model’, that combines two or more forecasting techniques is also presented. The various combinations of the hybrid model are found to be the most effective in time series energy forecasting for building.

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Citations
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Proceedings ArticleDOI

Inadequacy of Standard Algorithms and Metrics for Short-Term Load Forecasts in Low-Voltage Grids

TL;DR: This paper discusses the performance of four forecasting methods, including a novel algorithm based on Markov chains and investigates different approaches to assess the forecast performance on volatile loads and notably compare the statistical properties of the predictions.
Journal ArticleDOI

Proactively Monitoring Large Project Portfolios

TL;DR: The discipline of project management has evolved over the years, yet projects still run into trouble, failing entirely, running late, or not delivering expected benefits as discussed by the authors, which is a concern of project managers.
Journal ArticleDOI

Water-energy benchmarking and predictive modeling in multi-family residential and non-residential buildings

TL;DR: The clustering analysis performed in this work revealed that water and energy consumption patterns of heterogeneous buildings are not exclusively characterized by general building characteristics, which highlights the value of data-driven modeling for revealing meaningful insights into usage patterns.
Journal ArticleDOI

Forecasting household electricity demand with hybrid machine learning-based methods: Effects of residents' psychological preferences and calendar variables

TL;DR: Wang et al. as discussed by the authors proposed a two-layer feature selection method with the combination of random forest and autocorrelation analysis to select the most relevant features, which simultaneously considered correlations and importance of input lagged variables as well as exogenous variables.
Journal ArticleDOI

WOODS: Benchmarks for Out-of-Distribution Generalization in Time Series Tasks

TL;DR: WOODS: eight challenging open-source time series benchmarks covering a diverse range of data modalities, such as videos, brain recordings, and sensor signals is presented, underscoring the new challenges posed by time series tasks.
References
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