Evaluating forecasting methods in the context of local energy communities

Author(s):  
Jonathan Coignard ◽  
Maxime Janvier ◽  
Vincent Debusschere ◽  
Gilles Moreau ◽  
Stéphanie Chollet ◽  
...  
Author(s):  
V. V. Nefedev

For the definition and implementation of breakthrough technologies the most important is the role of scientific and technical forecasting. Well-known forecasting methods based on extrapolation, expert assessments and mathematical modeling are not universal and have a number of significant disadvantages. The article proposes an original method of scientific and technical forecasting based on the use of the methodology of artificial neural networks. 


2019 ◽  
Vol 84 ◽  
pp. 01004 ◽  
Author(s):  
Grzegorz Dudek

The Theta method attracted the attention of researchers and practitioners in recent years due to its simplicity and superior forecasting accuracy. Its performance has been confirmed by many empirical studies as well as forecasting competitions. In this article the Theta method is tested in short-term load forecasting problem. The load time series expressing multiple seasonal cycles is decomposed in different ways to simplify the forecasting problem. Four variants of input data definition are considered. The standard Theta method is uses as well as the dynamic optimised Theta model proposed recently. The performances of the Theta models are demonstrated through an empirical application using real power system data and compared with other popular forecasting methods.


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