Abstract

We propose a novel concept in energy forecasting and show that averaging day-ahead electricity price forecasts of a predictive model across 28–728 day calibration windows yields better results than selecting only one “optimal” window length. Even more significant accuracy gains can be achieved by averaging over a few, carefully selected windows.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.