Real-Time AI-Based Power Demand Forecasting for Peak Shaving and Consumption Reduction Using Vehicle-to-Grid and Reused Energy Storage Systems: A Case Study at a Business Center on Jeju Island

The increasing demand for electricity and the environmental challenges associated with traditional fossil fuel-based power generation have accelerated the global transition to renewable energy sources. While renewable energy offers significant advantages, including low carbon emissions and sustainability, its inherent variability and intermittency create challenges for grid stability and energy management. This study contributes to addressing these challenges by developing an AI-driven power consumption forecasting system. The core of the proposed system is a multi-cluster long short-term memory model (MC-LSTM), which combines k-means clustering with LSTM neural networks to enhance forecasting accuracy. The MC-LSTM model achieved an overall prediction accuracy of 97.93%, enabling dynamic, real-time demand-side energy management. Furthermore, to validate its effectiveness, the system integrates vehicle-to-grid technology and reused energy storage systems as external energy sources. A real-world demonstration was conducted in a commercial building on Jeju Island, where the AI-driven system successfully reduced total energy consumption by 21.3% through optimized peak shaving and load balancing. The proposed system provides a practical framework for enhancing grid stability, optimizing energy distribution, and reducing dependence on centralized power systems.

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Publication Details

Journal
Applied Sciences
Published
2025-03-11
DOI
https://doi.org/10.3390/app15063050
Citations
4
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
2.92

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article

Real-Time AI-Based Power Demand Forecasting for Peak Shaving and Consumption Reduction Using Vehicle-to-Grid and Reused Energy Storage Systems: A Case Study at a Business Center on Jeju Island

Juwon Jung, Dong-Woo Ko, Kyeon Hur, Kibaek Kim et al.
4 citations
Applied Sciences
Electric Vehicles and Infrastructure
2.92
article

Real-Time AI-Based Power Demand Forecasting for Peak Shaving and Consumption Reduction Using Vehicle-to-Grid and Reused Energy Storage Systems: A Case Study at a Business Center on Jeju Island

Juwon Jung, Dong-Woo Ko, Kyeon Hur, Kibaek Kim, Jung-Han Ryu, Young Joo Kim
article en
4 citations

Abstract

The increasing demand for electricity and the environmental challenges associated with traditional fossil fuel-based power generation have accelerated the global transition to renewable energy sources. While renewable energy offers significant advantages, including low carbon emissions and sustainability, its inherent variability and intermittency create challenges for grid stability and energy management. This study contributes to addressing these challenges by developing an AI-driven power consumption forecasting system. The core of the proposed system is a multi-cluster long short-term memory model (MC-LSTM), which combines k-means clustering with LSTM neural networks to enhance forecasting accuracy. The MC-LSTM model achieved an overall prediction accuracy of 97.93%, enabling dynamic, real-time demand-side energy management. Furthermore, to validate its effectiveness, the system integrates vehicle-to-grid technology and reused energy storage systems as external energy sources. A real-world demonstration was conducted in a commercial building on Jeju Island, where the AI-driven system successfully reduced total energy consumption by 21.3% through optimized peak shaving and load balancing. The proposed system provides a practical framework for enhancing grid stability, optimizing energy distribution, and reducing dependence on centralized power systems.

Applied SciencesVol. 15(6)
Yonsei University (KR), Jusung Engineering (South Korea) (KR)
Ministry of SMEs and Startups
Openalex Percentile: Top 10%
Electric Vehicles and Infrastructure
2.92
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Real-Time AI-Based Power Demand Forecasting for Peak Shaving and Consumption Reduction Using Vehicle-to-Grid and Reused Energy Storage Systems: A Case Study at a Business Center on Jeju Island — Juwon Jung, Dong-Woo Ko, et al. · Applied Sciences (2025) | TGRS Research Map | TGRS