Hong, Tao; Maciejowska, Katarzyna; Nowotarski, Jakub; … - Hugo Steinhaus Center for Stochastic Methods, … - 2014
Probabilistic load forecasting is becoming crucial in today's power systems planning and operations. We propose a novel methodology to compute interval forecasts of electricity demand, which applies a Quantile Regression Averaging (QRA) technique to a set of independent expert point forecasts....