Towards forecasting demand and production of electric energy in smart grids

Abstract

Recently, the electric energymarket undergoes serious changes which impact its future structure. They include also an emergence of smart grid encompassing prosumers, being individual market participants that not only consume, but also produce the electric energy.This imposes a need for a new class of tools (and methods) that will support all market players. The article presents a solution for managing the energy consumption and production in microgrids. We present challenges of managing such networks as well as functionalities of a system, that enables for e.g. preparation of forecasts, tracing the energy consumption or creation of recommendations for the microgrid prosumers, in order to deal with these challenges. © Springer-Verlag Berlin Heidelberg 2013.