LGOct 23, 2023
Bayesian Regression MarketsThomas Falconer, Jalal Kazempour, Pierre Pinson
Although machine learning tasks are highly sensitive to the quality of input data, relevant datasets can often be challenging for firms to acquire, especially when held privately by a variety of owners. For instance, if these owners are competitors in a downstream market, they may be reluctant to share information. Focusing on supervised learning for regression tasks, we develop a regression market to provide a monetary incentive for data sharing. Our mechanism adopts a Bayesian framework, allowing us to consider a more general class of regression tasks. We present a thorough exploration of the market properties, and show that similar proposals in literature expose the market agents to sizeable financial risks, which can be mitigated in our setup.
LGOct 1, 2021
Leveraging power grid topology in machine learning assisted optimal power flowThomas Falconer, Letif Mones
Machine learning assisted optimal power flow (OPF) aims to reduce the computational complexity of these non-linear and non-convex constrained optimization problems by consigning expensive (online) optimization to offline training. The majority of work in this area typically employs fully connected neural networks (FCNN). However, recently convolutional (CNN) and graph (GNN) neural networks have also been investigated, in effort to exploit topological information within the power grid. Although promising results have been obtained, there lacks a systematic comparison between these architectures throughout literature. Accordingly, we introduce a concise framework for generalizing methods for machine learning assisted OPF and assess the performance of a variety of FCNN, CNN and GNN models for two fundamental approaches in this domain: regression (predicting optimal generator set-points) and classification (predicting the active set of constraints). For several synthetic power grids with interconnected utilities, we show that locality properties between feature and target variables are scarce and subsequently demonstrate marginal utility of applying CNN and GNN architectures compared to FCNN for a fixed grid topology. However, with variable topology (for instance, modeling transmission line contingency), GNN models are able to straightforwardly take the change of topological information into account and outperform both FCNN and CNN models.
LGNov 6, 2020
Deep learning architectures for inference of AC-OPF solutionsThomas Falconer, Letif Mones
We present a systematic comparison between neural network (NN) architectures for inference of AC-OPF solutions. Using fully connected NNs as a baseline we demonstrate the efficacy of leveraging network topology in the models by constructing abstract representations of electrical grids in the graph domain, for both convolutional and graph NNs. The performance of the NN architectures is compared for regression (predicting optimal generator set-points) and classification (predicting the active set of constraints) settings. Computational gains for obtaining optimal solutions are also presented.