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Wind power forecasting techniques have received substantial attention recently due to the increasing penetration of wind energy in national power systems. While the initial focus has been on point forecasts, the need to quantify forecast uncertainty and communicate the risk of extreme ramp...
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Huge volumes of data now flow from on-line sources — the internet, mobile telephony, weather sensors, and much more. With this data surge, there is an emerging need for computational algorithms to instantly process data streams, sift through large volumes of information, and extract and...
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In areas from medicine to climate change to economics, we are faced with huge challenges and a need for accurate forecasts, yet our ability to predict the future has been found wanting. The basic problem is that complex systems such as the atmosphere or the economy can not be reduced to simple...
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“We have become increasingly aware that our businesses and societies are embedded in complex systems – the economic system, the climate system, and so on – which are globally linked and may be susceptible to sudden change. Forecasting tools developed for the demands of classical astronomy...
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Orrell and McSharry, authors of A Systems Approach to Forecasting (issue 14 of Foresight) reply to commentaries by Roy Batchelor, and Paul Goodwin and Robert Fildes. Copyright International Institute of Forecasters, 2009
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