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Danish Technological Institute

Academic institutioneurope · dk
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Selected work

Representative Papers

Data Compression for Time Series Modelling: A Case Study of Smart Grid Demand Forecasting

May 05, 2025

To address storage and transmission bottlenecks associated with high-frequency time-series data in smart grids, this study systematically investigates the impact of wavelet-based compression on load forecasting accuracy. We employ biorthogonal discrete wavelet transform (DWT) for multi-level lossy compression and—novelly—quantify the relationship between compression ratio and normalized mutual information (NMI) to assess information preservation. Robustness across forecasting models is evaluated using ordinary least squares (OLS), XGBoost, and the temporal diffusion encoder (TiDE), leveraging real-world data from the Hirtshals seawater supply system in Denmark. Results demonstrate that XGBoost exhibits exceptional robustness to compression-induced distortion: it maintains stable forecasting performance even at an extreme compression ratio of 99.9%, challenging the conventional assumption that compression inevitably degrades prediction accuracy. This work establishes a new paradigm for intelligent energy systems—one that reconciles data lightweighting with predictive reliability.

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Latest Papers

Data Compression for Time Series Modelling: A Case Study of Smart Grid Demand Forecasting

May 05, 2025

To address storage and transmission bottlenecks associated with high-frequency time-series data in smart grids, this study systematically investigates the impact of wavelet-based compression on load forecasting accuracy. We employ biorthogonal discrete wavelet transform (DWT) for multi-level lossy compression and—novelly—quantify the relationship between compression ratio and normalized mutual information (NMI) to assess information preservation. Robustness across forecasting models is evaluated using ordinary least squares (OLS), XGBoost, and the temporal diffusion encoder (TiDE), leveraging real-world data from the Hirtshals seawater supply system in Denmark. Results demonstrate that XGBoost exhibits exceptional robustness to compression-induced distortion: it maintains stable forecasting performance even at an extreme compression ratio of 99.9%, challenging the conventional assumption that compression inevitably degrades prediction accuracy. This work establishes a new paradigm for intelligent energy systems—one that reconciles data lightweighting with predictive reliability.

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