The seasonal forecast of electricity demand: a hierarchical Bayesian model with climatological weather generator

DOI10.1002/ASMB.622MaRDI QIDQ3439744zbMATH OpenOpenAlexWikidataFDO

Authors S. Pezzulli, Patrizio Frederic, Shanti Majithia, Sal Sabbagh, Emily Black, R. Sutton, David B. Stephenson

Publication date 29 May 2007

Published in Applied Stochastic Models in Business and Industry (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/asmb.622

zbMATH Keywords

mixed modelhierarchical Bayesian modelelectricity demandseasonal forecastclimatological weather generator

Mathematics Subject Classification ID

Bayesian inference (62F15) Applications of statistics to economics (62P20) Applications of statistics to environmental and related topics (62P12) Meteorology and atmospheric physics (86A10)

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Cites work

• Bayesian forecasting and dynamic models.

Cited in

(4)

• Forecasting electricity demand in Japan: a Bayesian spatial autoregressive ARMA approach
• Anderson acceleration of the alternating projections method for computing the nearest correlation matrix
• A simulated-based genetic algorithm for the forecasting of monthly peak electricity demand
• Forecasting and assessing risk of individual electricity peaks

Describes a project that uses

Uses Software

• WinBUGS

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