Integrating the Expected Future in Load Forecasts with Contextually Enhanced Transformer Models
Raffael Theiler, Leandro Von Krannichfeldt, Giovanni Sansavini, Michael F. Howland, Olga Fink

TL;DR
This paper introduces contextually-enhanced transformer models for energy load forecasting, effectively integrating planning information to significantly reduce forecasting errors in railway and building energy applications.
Contribution
It presents a novel sequence-to-sequence transformer framework that incorporates dynamic contextual data, improving accuracy over existing methods in energy forecasting tasks.
Findings
26.6% reduction in mean absolute error for railway energy forecasting
56.3% reduction in mean absolute error for building energy forecasting
Outperforms state-of-the-art models in accuracy and flexibility
Abstract
Accurate and reliable energy forecasting is essential for power grid operators who strive to minimize extreme forecasting errors that pose significant operational challenges and incur high intra-day trading costs. Incorporating planning information -- such as anticipated user behavior, scheduled events or timetables -- provides substantial contextual information to enhance forecast accuracy and reduce the occurrence of large forecasting errors. Existing approaches, however, lack the flexibility to effectively integrate both dynamic, forward-looking contextual inputs and historical data. In this work, we conceptualize forecasting as a combined forecasting-regression task, formulated as a sequence-to-sequence prediction problem, and introduce contextually-enhanced transformer models designed to leverage all contextual information effectively. We demonstrate the effectiveness of our…
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