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Energy forecasting plays a vital role in mitigating challenges in data rich smart grid (SG) systems involving various applications such as demand‐side management, load shedding, and optimum dispatch. Managing efficient forecasting while ensuring the least possible prediction error is one of the main challenges posed in the grid today, considering the uncertainty in SG data. This paper presents a comprehensive and application‐oriented review of state‐of‐the‐art forecasting methods for SG systems along with recent developments in probabilistic deep learning (PDL). Traditional point forecasting methods including statistical, machine learning (ML), and deep learning (DL) are extensively investigated in terms of their applicability to energy forecasting. In addition, the significance of hybrid and data pre‐processing techniques to support forecasting performance is also studied. A comparative case study using the Victorian electricity consumption in Australia and American electric power (AEP) datasets is conducted to analyze the performance of deterministic and probabilistic forecasting methods. The analysis demonstrates higher efficacy of DL methods with appropriate hyper‐parameter tuning when sample sizes are larger and involve nonlinear patterns. Furthermore, PDL methods are found to achieve at least 60% lower prediction errors in comparison to other benchmark DL methods. However, the execution time increases significantly for PDL methods due to large sample space and a tradeoff between computational performance and forecasting accuracy needs to be maintained. [ABSTRACT FROM AUTHOR]

Short‐term load forecasting is essential to power systems management. However, most existing forecasting methods fail to fully consider how to rationally integrate the intrinsic time‐related dimensions of electric load data and the decomposition methods into machine learning models so that their prediction accuracy and robustness still have much room for improvement. To solve this problem, this paper proposes a decomposition‐based multi‐time dimension long short‐term memory (DB‐MTD‐LSTM) model for short‐term electric load forecasting (STELF). In DB‐MTD‐LSTM, empirical mode decomposition with adaptive noise (CEEMDAN) is first introduced to smooth non‐linear non‐stationary electric load data and constrain the modal aliasing or noise of decomposed electric load data in the traditional decomposed method. A joint relevant time dimensions method (JRTDM) is then developed using autocorrelation analysis to rationally extract the temporal characteristics of decomposed data in multiple time dimensions. An improved LSTM called MTD‐LSTM is developed by combining JRTDM with LSTM, which can effectively apply multi‐dimensional time characteristics of the decomposed load to improve the predictive accuracy and robustness. Several datasets from Australia and China are performed to check the predictive performance of DB‐MTD‐LSTM. Experimental results verify that DB‐MTD‐LSTM has better predictive accuracy and satisfactory robustness compared with state‐of‐the‐art and conventional predictive models. [ABSTRACT FROM AUTHOR]

Voltage dips are considered to be one of the costliest of all power quality disturbances due to their disruption of industrial and commercial operations. The ability to characterise the voltage dip performance of distribution networks has many benefits for industry. There is considerable potential for industry to make large economic gains if voltage dip behaviour can be better understood and planned for. To put strategies in place to deal with voltage dips, there is a need for extensive data collection and analysis so that correct planning decisions can be made. This study details the characteristics of voltage dip data which has been collected at low-voltage sites in Australia over a 9 year period. The data is displayed in a number of different formats to aid analysis. [ABSTRACT FROM AUTHOR]

This study explores how the voltage control of a remote part of the utility gird can be improved using more sophisticated voltage control on wind-solar farms equipped with fast communication platforms. The idea is to make renewable plant the master voltage controller during large disturbance events in the grid. This is done by proposing an enhanced voltage droop control strategy based on instantaneous reactive power consumption by monitoring the virtual impedance of the point of connection using a new customised data class model of IEC 61850 communication protocol. The conventional centralised voltage droop control strategy and the proposed instantaneous direct voltage control method are both implemented on the White Rock Solar Wind Farm in NSW, Australia and their performances are compared using both MATLAB Simulink simulations under 5% voltage step disturbances, single-phase-to-ground and three-phase-to-ground faults as well as some tests conducted in the field. [ABSTRACT FROM AUTHOR]