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Indian Railways (IR) earns about 70% of its revenue from freight traffic. The goods loading is highly erratic in nature which creates the problem of inaccurate forecasting of the electric power required. Thus, IR requires precise forecasting models to deal with this problem. In this paper, Gross Ton KiloMeter (GTKM) earned by freight traffic is forecasted using traditional statistical models, i.e...
Now a days, wind and solar energy are most commonly used as renewable energy sources (RES). These sources highly depend on environment and geographical conditions of a particular location. Main drawback of RES is randomness in power production due to their inherent uncertainty nature. Hence, energy management is difficult task for these sources. Wind, photovoltaic (PV) and sodium nickel chloride (SNC)...
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