| 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. References
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Цитирания (Citation/s):
1. Sekhar V.R., Vyshnavi K., Shaheenaz K., Sravani G., Prasanna V.L., Multi-Objective Optimization of Smart Grid Energy Management using Machine Learning-based Load Forecasting Models, 2026, Proceedings of 9th International Conference on Trends in Electronics and Informatics Icoei 2026, issue 0, pp. 198-204, DOI 10.1109/ICOEI68323.2026.11541354 - 2026 - в издания, индексирани в Scopus
2. Zainuddin S.K., Rajaismail R.M.T., Hadi A.A., Rodzi M.R.M., Machine Learning-Based Short-Term Load Forecasting for Campus Energy Monitoring: A Case Study of UMPSA Region 3, 2026, 2026 IEEE 1st International Conference on Artificial Intelligence Implementation and Applications Icaiia 2026, issue 0, pp. 361-366, DOI 10.1109/ICAIIA70172.2026.11691849 - 2026 - в издания, индексирани в Scopus
Вид: публикация в международен форум, публикация в реферирано издание, индексирана в Scopus