In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using … unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we … conduct a pseudo out-of-sample forecasting experiment for the monthly growth rate of Bavarian industrial production. We find …

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … case for possible application to the electricity market and discusses the implications of the results. In the literature …

Forecasting electricity demand for future years is an essential step in resource planning. A common approach is for the … of forecasting future demand for electricity. We describe how to implement a simple prediction market for continuous … a market. -- Forecast of electricity demand ; power generation planning ; implementation of prediction markets …

Forecasting plays an essential role in energy economics. With new challenges and use cases in the energy system … learning in the context of energy economics and presenting an exemplary application to electricity load data. For this, we …