SummaryThe usage of multi‐rotor unmanned aerial vehicles (UAVs) has rapidly increased in a variety of industries recently, which has caused a quick rise in the quantity of research works on the topic. Remaining battery life prediction, anomaly detection and instantaneous power consumption prediction are among the topics that attract the most attention of researchers. This article presents the development and utilization of a modified temporal convolutional network (TCN) model, a commonly employed approach for anomaly detection and instantaneous power consumption prediction in unmanned aerial vehicles (UAVs). The first modification to the TCN model was to use the Leaky ReLu activation function in place of the rectified linear unit (ReLu) activation function from the original TCN model. In the next step, instantaneous power consumption prediction for UAVs was performed by using the data obtained from both sensors and simple moving average (SMA) algorithm. As a result of the tests performed with the created simulation setup, it has been clearly shown that the proposed method gives better results compared to other deep learning models used for comparison with the lowest RMSE of 0.0496.