Electric load forecasting is a fundamental business process and well-established analytical problem in the utility industry. Due to various characteristics of electricity demand series and the business needs, electric load forecasting is a classical textbook example and popular application field...

Imbalance between fast-growing transport demand and limited network supply has resulted in severe congestion in many transport networks. Increasing network supply or reducing transport demand could mitigate congestion, but these remedies are usually associated with high implementation cost....

Based on data from geographical information system (GIS) and daily commuting origin destination (OD) matrices, we estimated the distribution of traffic flow in the San Francisco road network and studied Braess’s paradox in a large-scale transportation network with realistic travel demand. We...

Although the MIMIC modeling approach and the MCFA method have been greatly used during the past decade, applied measurement invariance studies using these two methods are still sometimes poorly understood and incorrectly conducted. The objective of the current study was to fully understand how...

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...

The classical approach to long term load forecasting is often limited to the use of load and weather information occurring with monthly or annual frequency. This low resolution, infrequent data can sometimes lead to inaccurate forecasts. Load forecasters often have a hard time explaining the...

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.

When turning on the switch, people expect the light would be on. However, the business to keep the lights on is not that straightforward. This paper offers a practical overview of energy forecasting, an important task that electric utilities have been doing every day for over a century.

The Global Energy Forecasting Competition (GEFCom2012) attracted hundreds of participants worldwide, who contributed many novel ideas to the energy forecasting field. This paper introduces both tracks of GEFCom2012, hierarchical load forecasting and wind power forecasting, with details on the...