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A Note on Averaging Day-Ahead Electricity Price Forecasts Across Calibration Windows | IEEE Journals & Magazine | IEEE Xplore

A Note on Averaging Day-Ahead Electricity Price Forecasts Across Calibration Windows


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...Show More

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.
Published in: IEEE Transactions on Sustainable Energy ( Volume: 10, Issue: 1, January 2019)
Page(s): 321 - 323
Date of Publication: 11 September 2018

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