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13 lucky tips to juggle the analytics of forecasting

Author

Listed:
  • Tao Hong

Abstract

Energy forecasting is one of those areas of great importance to electric grid that gets little attention - even from power industry insiders. But you need to know how to make the best of your forecasting process. Here are 13 tips to get you started.

Suggested Citation

  • Tao Hong, 2014. "13 lucky tips to juggle the analytics of forecasting," HSC Research Reports HSC/14/13, Hugo Steinhaus Center, Wroclaw University of Technology.
    • Handle: RePEc:wuu:wpaper:hsc1413
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    File URL: http://www.im.pwr.wroc.pl/~hugo/RePEc/wuu/wpaper/HSC_14_13.pdf
    File Function: Original version, 2014
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    More about this item

    Keywords

    Energy forecasting; Forecast accuracy; Forecast combination; Load forecasting;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • 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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