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Energy forecasting: Past, present and future

Author

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  • Tao Hong

Abstract

When turning on the switch, people expect the light would be on. However, the business to keep the lights on is not that straightforward. This paper offers a practical overview of energy forecasting, an important task that electric utilities have been doing every day for over a century.

Suggested Citation

  • Tao Hong, 2013. "Energy forecasting: Past, present and future," HSC Research Reports HSC/13/15, Hugo Steinhaus Center, Wroclaw University of Science and Technology.
    • Handle: RePEc:wuu:wpaper:hsc1315
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    File URL: http://www.im.pwr.wroc.pl/~hugo/RePEc/wuu/wpaper/HSC_13_15.pdf
    File Function: Original version, 2013
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    Keywords

    Energy forecasting; Electricity price forecasting; Load forecasting; Smart grid;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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