Autors: Kutseva M., Spasov, G. V., Petrova, G. I.
Title: Machine Learning Approaches for Energy Consumption Forecasting and Cost Optimization in Smart Grids
Keywords: Consumption Prediction, Energy Efficiency, Energy Forecasting, Internet of Things (IoT), Machine Learning, Smart Home

Abstract: This paper presents a comprehensive overview of machine learning techniques applied to energy consumption forecasting and cost optimization in smart homes. The study examines various predictive models, including statistical timeseries methods, ensemble approaches, and deep learning architectures, and evaluates their suitability for different forecasting horizons and system requirements. Particular attention is given to practical applications such as time-of-use pricing, contract-based energy planning, load shifting, and energy storage management. Challenges such as incomplete or irregular data, model overfitting, interpretability, and privacy concerns are discussed, alongside more recent advancements in explainable and federated learning. The review highlights how predictive analytics can support intelligent, cost-effective, and user-adaptive energy management in smart environments. These insights aim to support the design of smarter, more resilient energy systems capable of adapting to evolving consumer needs and dynamic market conditions.

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Issue

2025 34th International Scientific Conference Electronics, ET 2025 - Proceedings, 2025, Albania, https://doi.org/10.1109/ET66806.2025.11204058

Вид: публикация в международен форум, публикация в реферирано издание, индексирана в Scopus