Pideya Learning Academy

Energy Forecasting with AI Algorithms

Upcoming Schedules

  • Schedule

Date Venue Duration Fee (USD)
13 Jan - 17 Jan 2025 Live Online 5 Day 3250
31 Mar - 04 Apr 2025 Live Online 5 Day 3250
28 Apr - 02 May 2025 Live Online 5 Day 3250
19 May - 23 May 2025 Live Online 5 Day 3250
11 Aug - 15 Aug 2025 Live Online 5 Day 3250
22 Sep - 26 Sep 2025 Live Online 5 Day 3250
17 Nov - 21 Nov 2025 Live Online 5 Day 3250
08 Dec - 12 Dec 2025 Live Online 5 Day 3250

Course Overview

In today’s rapidly transforming energy landscape, forecasting is no longer a passive back-office function—it has become a mission-critical capability driving operational decisions, policy frameworks, and financial outcomes. The emergence of Artificial Intelligence (AI) has catalyzed a paradigm shift in how energy systems are planned, managed, and optimized. Traditional models, reliant on static assumptions and linear methods, are now giving way to dynamic, AI-powered systems that can adapt, learn, and predict with extraordinary precision. The Energy Forecasting with AI Algorithms training by Pideya Learning Academy addresses this technological evolution head-on, empowering professionals with next-generation forecasting skills essential for modern energy transitions.
With the global energy sector undergoing profound shifts toward decarbonization, decentralization, and digitalization, forecasting models must now account for unprecedented variables—from renewable intermittency to behavioral consumption patterns. According to the International Energy Agency (IEA), electricity demand is projected to grow by more than 3% annually until 2030, with renewables contributing nearly 90% of this growth. This growth is driven by an increasing penetration of solar, wind, and distributed energy resources (DERs), which introduce high degrees of volatility into energy systems. Furthermore, BloombergNEF forecasts a 25% compound annual growth rate (CAGR) in AI adoption in the energy sector through 2030, as stakeholders seek data-driven intelligence to streamline forecasting, operations, and energy trading.
Against this backdrop, the Energy Forecasting with AI Algorithms course is uniquely designed to bridge the gap between advanced AI technologies and real-world energy forecasting applications. Delivered by Pideya Learning Academy, this training provides a structured, in-depth curriculum that introduces participants to state-of-the-art machine learning models tailored to the energy domain. It offers practical exposure to forecasting electricity demand, renewable generation, market prices, and grid behavior using AI techniques such as time-series analysis, neural networks, reinforcement learning, and hybrid ensemble models.
Participants will benefit from a rich blend of forecasting methodologies grounded in AI theory and relevant use cases. The course covers foundational techniques and moves progressively into advanced topics such as deep learning for multi-step prediction, uncertainty quantification, and demand response modeling. A critical part of the course explores forecasting under high renewable variability, preparing participants to address the operational and financial implications of clean energy integration.
Throughout the training, several essential capabilities will be cultivated:
Understanding and applying supervised, unsupervised, and reinforcement learning techniques tailored for energy system variables
Implementing model evaluation metrics, feature engineering, and hyperparameter tuning for better predictive accuracy
Exploring energy trading scenarios, DER forecasting, and battery dispatch modeling
Developing robust data preprocessing workflows, including weather normalization and sensor data handling
Analyzing real-world case studies from utilities, energy markets, and smart grid operators for contextual understanding
Strengthening strategic thinking around how AI forecasting supports energy policy, planning, and business models
What sets this Pideya Learning Academy course apart is its focus on ensuring that participants not only gain algorithmic fluency but also appreciate the strategic relevance of AI forecasting in achieving energy efficiency, emissions reduction, and digital transformation goals. Participants will leave the course well-equipped to support power system planning, optimize trading strategies, and enable smarter energy management within their organizations.
By the end of this course, participants will have a holistic understanding of how AI can solve complex forecasting problems in today’s energy ecosystem. As AI continues to redefine industry boundaries, professionals who master its application in forecasting will be positioned at the forefront of energy innovation and sustainability leadership.

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn:
How AI algorithms improve the accuracy and adaptability of energy forecasts
Key concepts of load, generation, and price forecasting using machine learning
The role of neural networks, LSTM, and hybrid models in forecasting volatility
Data preprocessing, normalization, and feature extraction techniques for time series
Forecasting challenges in renewable-heavy systems and energy trading contexts
Best practices in model selection, evaluation, and bias correction
Integrating AI forecasting into energy decision support systems and planning tools

Personal Benefits

Advanced skillset in AI-driven time-series forecasting methods
Expertise in applying machine learning to real-world energy forecasting problems
Career advancement in energy analytics, operations, and strategy roles
Confidence in contributing to digital transformation initiatives in energy organizations
Broader understanding of AI’s role in the evolving energy landscape

Organisational Benefits

Reduced forecasting errors, improving operational efficiency and cost control
Enhanced ability to manage variable renewables and grid reliability
Support for strategic decisions on capacity, demand response, and trading
Empowerment of internal teams with AI capabilities aligned with ESG targets
Improved planning accuracy for distributed and centralized energy systems

Who Should Attend

Energy analysts and forecasters
Data scientists working in energy utilities or grid operations
Power system engineers and planners
Renewable energy project developers
Risk managers and energy traders
Government and regulatory professionals in energy planning
Course

Course Outline

Module 1: Introduction to Energy Forecasting
Fundamentals of energy systems and forecasting Forecasting horizons: short-term, mid-term, long-term AI vs. traditional forecasting methods Overview of time-series forecasting Forecasting targets: demand, generation, pricing Common challenges and solution frameworks Role of big data in energy forecasting
Module 2: AI and Machine Learning Basics
Supervised vs. unsupervised learning Regression and classification in energy data Overfitting, underfitting, and generalization Train/test/validation strategies Feature selection and dimensionality reduction Evaluation metrics (MAE, RMSE, MAPE) Model interpretability and explainability
Module 3: Time-Series Forecasting Techniques
Autoregressive models (AR, ARIMA, SARIMA) Exponential smoothing techniques Stationarity and seasonality detection Lag features and rolling statistics Feature engineering for time series Data leakage and prevention strategies Forecasting pipelines and automation
Module 4: Neural Networks and Deep Learning
Basics of feedforward neural networks Recurrent Neural Networks (RNNs) Long Short-Term Memory (LSTM) architectures Sequence-to-sequence models Hyperparameter tuning and regularization Dropout and early stopping methods Use cases in load and generation forecasting
Module 5: Forecasting Renewable Energy Generation
Challenges of forecasting solar and wind generation Weather data integration and preprocessing Satellite imagery and meteorological inputs Ensemble modeling for renewables Day-ahead vs. real-time forecasting Probabilistic and quantile forecasting Performance metrics and error tracking
Module 6: Load and Demand Forecasting
Residential, commercial, and industrial load patterns Demand response and behavioral prediction Smart meter and IoT data usage Load curve segmentation and clustering Event-based forecasting (e.g., holidays, outages) Forecasting DER consumption Grid-edge analytics and load balancing
Module 7: Price Forecasting and Energy Markets
Day-ahead and intraday price forecasting Spot vs. forward price modeling Market volatility and regime changes Deep learning in price signal modeling Risk and uncertainty in price prediction Trading strategy optimization using AI Market coupling and locational pricing
Module 8: Hybrid and Ensemble Forecasting Models
Combining statistical and AI models Bagging, boosting, and stacking techniques Bayesian methods in ensemble forecasting Dynamic model selection strategies Forecast combination and blending Model validation under different regimes Deployment of ensemble models in practice
Module 9: Data Management and Integration
Data acquisition from SCADA, IoT, and weather APIs Data cleaning, imputation, and anomaly detection Cloud-based energy data platforms Data lakes vs. data warehouses Metadata and data lineage for forecasting Integration into enterprise systems Cybersecurity and data governance
Module 10: Case Studies and Future Trends
Case study: Forecasting in smart grids Case study: Renewable-heavy microgrid operation Forecasting for battery dispatch optimization Forecasting for energy arbitrage and storage markets Role of generative AI and transfer learning AI ethics in energy prediction Future of AI in decentralized energy systems

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