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This research evaluates time-series foundation models, specifically Chronos-2, for short-term load forecasting in distribution grids with a focus on high-demand periods. The study demonstrates that these foundation models significantly outperform traditional gradient boosted trees in reducing errors during peak hours while maintaining overall accuracy and feasible inference speeds. This advancement offers distribution system operators a more robust tool for managing congestion risks and ensuring grid stability under extreme load conditions.
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Peak-Aware Short-Term Load Forecasting Across Distribution Grid Aggregation Levels

arXiv3 min read

arXiv:2609.18588v1 Announce Type: new Abstract: For distribution system operators, short-term load forecasting (STLF) supports congestion management, voltage control, and asset protection. Most existing approaches focus on overall accuracy across all time steps and neglect performance during high-demand (HD) periods, where larger forecast errors can increase the risk of congestion and voltage violations. In this paper, we study peak-aware STLF across three operator-relevant distribution grid aggregation levels, area codes (AC), secondary substations (SUB), and low-voltage (LV) feeders, using open datasets from the United Kingdom and Switzerland. We compare statistical baselines, machine learning models (LightGBM and XGBoost), and recent time-series foundation models (Chronos Bolt and Chronos-2) under a peak-aware evaluation framework that reports both overall and HD forecasting performance using NMAE and MAPE. The results show that Chronos-2 achieves the best HD performance across all aggregation levels, with HD-NMAE and HD-MAPE of 0.039 and 4.53% at AC, 0.080 and 9.45% at SUB, and 0.138 and 16.14% at LV, while Chronos-Bolt consistently ranks second best. Compared with the gradient boosted ML models, Chronos-2 reduces mean HD-NMAE by about 20-51% across levels while remaining best or near-best on the overall metrics. A quantile analysis of the probabilistic Chronos outputs further identifies aggregation-specific operating points, and runtime measurements indicate that foundation model inference is fast enough for practical deployment. Overall, the findings highlight peak-aware evaluation and aggregation specific quantile selection as a practical pathway toward more operationally relevant STLF in distribution networks.

Abstract:For distribution system operators, short-term load forecasting (STLF) supports congestion management, voltage control, and asset protection. Most existing approaches focus on overall accuracy across all time steps and neglect performance during high-demand (HD) periods, where larger forecast errors can increase the risk of congestion and voltage violations. In this paper, we study peak-aware STLF across three operator-relevant distribution grid aggregation levels, area codes (AC), secondary substations (SUB), and low-voltage (LV) feeders, using open datasets from the United Kingdom and Switzerland. We compare statistical baselines, machine learning models (LightGBM and XGBoost), and recent time-series foundation models (Chronos Bolt and Chronos-2) under a peak-aware evaluation framework that reports both overall and HD forecasting performance using NMAE and MAPE. The results show that Chronos-2 achieves the best HD performance across all aggregation levels, with HD-NMAE and HD-MAPE of 0.039 and 4.53% at AC, 0.080 and 9.45% at SUB, and 0.138 and 16.14% at LV, while Chronos-Bolt consistently ranks second best. Compared with the gradient boosted ML models, Chronos-2 reduces mean HD-NMAE by about 20-51% across levels while remaining best or near-best on the overall metrics. A quantile analysis of the probabilistic Chronos outputs further identifies aggregation-specific operating points, and runtime measurements indicate that foundation model inference is fast enough for practical deployment. Overall, the findings highlight peak-aware evaluation and aggregation specific quantile selection as a practical pathway toward more operationally relevant STLF in distribution networks.

Machine Learning (cs.LG)

arXiv:2609.18588 [cs.LG]

(or arXiv:2609.18588v1 [cs.LG] for this version)

https://doi.org/10.48550/arXiv.2609.18588 Focus to learn more arXiv-issued DOI via DataCite (pending registration)

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Full text under the publisher's open licence · 326 words

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