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The South Australia region of the Australian National Electricity Market (NEM) displays some of the highest levels of price volatility observed in modern electricity markets. This paper outlines an approach to probabilistic forecasting…

Machine Learning · Computer Science 2023-12-13 Cameron Cornell , Nam Trong Dinh , S. Ali Pourmousavi

SEMMS (Scalable Empirical-Bayes Model for Marker Selection) is a variable-selection procedure for generalized linear models that uses a three-component normal mixture prior on regression coefficients. In its original form, SEMMS assumes…

Computation · Statistics 2026-03-18 Haim Bar , Martin T. Wells

In power system operation, characterizing the stochastic nature of wind power is an important albeit challenging issue. It is well known that distributions of wind power forecast errors often exhibit significant variability with respect to…

Data Analysis, Statistics and Probability · Physics 2017-12-05 Zhiwen Wang , Chen Shen , Feng Liu

To improve the forecasts of weather extremes, we propose a joint spatial model for the observations and the forecasts, based on a bivariate Brown-Resnick process. As the class of stationary bivariate Brown-Resnick processes is fully…

Methodology · Statistics 2015-06-01 Marco Oesting , Martin Schlather , Petra Friederichs

The second in a two-part series, this paper extends the 3rd-order Spectral Representation Method for simulation of ergodic multi-variate stochastic processes according to a prescribed cross power spectral density and cross bispectral…

Statistics Theory · Mathematics 2019-11-26 Lohit Vandanapu , Michael D. Shields

Nowadays, wind power is considered as one of the most widely used renewable energy applications due to its efficient energy use and low pollution. In order to maintain high integration of wind power into the electricity market, efficient…

Signal Processing · Electrical Eng. & Systems 2020-10-16 Ephrem Admasu Yekun , Alem Haddush Fitwi , S. Karpaga Selvi , Anubhav Kumar

Gas demand is made of three components: Residential, Industrial, and Thermoelectric Gas Demand. Herein, the one-day-ahead prediction of each component is studied, using Italian data as a case study. Statistical properties and relationships…

Machine Learning · Computer Science 2021-01-26 Emanuele Fabbiani , Andrea Marziali , Giuseppe De Nicolao

It is well recognized that the project productivity is a key driver in estimating software project effort from Use Case Point size metric at early software development stages. Although, there are few proposed models for predicting…

Machine Learning · Computer Science 2018-12-18 Mohammad Azzeh , Ali Bou Nassif , Shadi Banitaan , Cuauhtemoc Lopez-Martin

We present the first application of spectral nudging in a probabilistic ensemble forecasting framework, combining the physics-based ECMWF Integrated Forecasting System ensemble (IFS-ENS) with forecasts from the probabilistic machine-learned…

Atmospheric and Oceanic Physics · Physics 2026-03-09 Inna Polichtchouk , Simon Lang , Sarah-Jane Lock , Michael Maier-Gerber , Peter Dueben

We propose a statistical space-time model for predicting atmospheric wind speed based on deterministic numerical weather predictions and historical measurements. We consider a Gaussian multivariate space-time framework that combines…

Applications · Statistics 2016-10-21 Julie Bessac , Emil Mihai Constantinescu , Mihai Anitescu

Optimal implementation and monitoring of wind energy generation hinge on reliable power modeling that is vital for understanding turbine control, farm operational optimization, and grid load balance. Based on the idea of similar wind…

Machine Learning · Computer Science 2022-04-05 Hao Chen

Statistical and structural modeling represent two distinct approaches to data analysis. In this paper, we propose a set of novel methods for combining statistical and structural models for improved prediction and causal inference. Our first…

Econometrics · Economics 2020-06-11 Jiaming Mao , Jingzhi Xu

Contemporary weather forecasts are typically based on ensemble prediction systems, which consist of multiple runs of numerical weather prediction models that vary with respect to in the initial conditions and/or the the parameterization of…

Methodology · Statistics 2016-05-04 Roman Schefzik

This paper concerns the use of the expectation-maximisation (EM) algorithm for inference in partially observed diffusion processes. In this context, a well known problem is that all except a few diffusion processes lack closed-form…

Statistics Theory · Mathematics 2010-08-18 Jimmy Olsson , Jonas Ströjby

This paper has been written to mark 25 years of operational medium-range ensemble forecasting. The origins of the ECMWF Ensemble Prediction System are outlined, including the development of the precursor real-time Met Office monthly…

Atmospheric and Oceanic Physics · Physics 2019-10-02 Tim Palmer

Probability forecasting is common in the geosciences, the finance sector, and elsewhere. It is sometimes the case that one has multiple probability-forecasts for the same target. How is the information in these multiple forecast systems…

Methodology · Statistics 2016-03-02 Sarah Higgins , Hailiang Du , Leonard A. Smith

This paper is devoted to provide a theoretical underpinning for ensemble forecasting with rapid fluctuations in body forcing and in boundary conditions. Ensemble averaging principles are proved under suitable `mixing' conditions on random…

Probability · Mathematics 2012-07-26 Wei Wang , Jian Ren , Jinqiao Duan , Guowei He

Ensemble forecasts and their combination are examined from the perspective of probability spaces. Manipulating ensemble forecasts as discrete probability distributions, multi-model ensemble (MME) forecasts are reformulated as barycenters of…

Applications · Statistics 2025-03-24 Camille Le Coz , Alexis Tantet , Rémi Flamary , Riwal Plougonven

Weather forecasts from numerical weather prediction models play a central role in solar energy forecasting, where a cascade of physics-based models is used in a model chain approach to convert forecasts of solar irradiance to solar power…

Applications · Statistics 2024-06-10 Nina Horat , Sina Klerings , Sebastian Lerch

Motivated by applications to 3D printing, this paper presents two algorithms for calculating an ensemble of solutions to heat conduction problems. The ensemble average is the most likely temperature distribution and its variance gives an…

Numerical Analysis · Mathematics 2017-08-04 Joseph A. Fiordilino