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Growth of intermittent renewable energy and climate change make it increasingly difficult to manage electricity demand … electricity demand is used for cooling and heating, and low-cost technologies exists to shift these loads. With sufficient …
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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 … that electricity consumption is the best performing indicator in the nowcasting setup and has higher accuracy than other …
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