Majority of the load forecasting literature has been on point forecasting, which provides the expected value for each step throughout the forecast horizon. In the smart grid era, the electricity demand is more active and less predictable than ever before. As a result, probabilistic load...

Although combining forecasts is well-known to be an effective approach to improving forecast accuracy, the literature and case studies on combining load forecasts are very limited. In this paper, we investigate the performance of combining so-called sister load forecasts with eight methods:...

This paper introduces the concept of sister models, and proposes a sister model based load forecast combination method to enhance the point forecasting accuracy. Using the data from the Global Energy Forecasting Competition 2014, we create a case study with 4 sister forecasts from 4 sister...

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.