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We consider a sequential decision making process, such as renewable energy trading or electrical production scheduling, whose outcome depends on the future realization of a random factor, such as a meteorological variable. We assume that…

Trading and Market Microstructure · Quantitative Finance 2021-07-01 Peter Tankov , Laura Tinsi

Accurate prediction of non-dispatchable renewable energy sources is essential for grid stability and price prediction. Regional power supply forecasts are usually indirect through a bottom-up approach of plant-level forecasts, incorporate…

Signal Processing · Electrical Eng. & Systems 2026-02-24 Eloi Lindas , Yannig Goude , Philippe Ciais

In recent years, ensemble weather forecasting have become a routine at all major weather prediction centres. These forecasts are obtained from multiple runs of numerical weather prediction models with different initial conditions or model…

Applications · Statistics 2022-06-22 Sándor Baran , Patrícia Szokol , Marianna Szabó

The increasing global demand for clean and environmentally friendly energy resources has caused increased interest in harnessing solar power through photovoltaic (PV) systems for smart grids and homes. However, the inherent unpredictability…

Machine Learning · Computer Science 2023-10-24 Saman Soleymani , Shima Mohammadzadeh

Efficient irrigation management is crucial to agriculture, forestry and horticulture, especially under climate change. Developments in novel sensors and Internet of Things technology provide an opportunity to carry out real-time monitoring…

Applications · Statistics 2026-05-13 Mengyi Gong , Rebecca Killick , Andrew Hirons

Accurate and reliable forecasting of renewable energy generation is crucial for the efficient integration of renewable sources into the power grid. In particular, probabilistic forecasts are becoming essential for managing the intrinsic…

Applications · Statistics 2025-02-12 Alireza Moradi , Mathieu Tanneau , Reza Zandehshahvar , Pascal Van Hentenryck

Seamless forecasts are based on a combination of different sources to produce the best possible forecasts. Statistical multimodel postprocessing helps to combine various sources to achieve these seamless forecasts. However, when one of the…

Methodology · Statistics 2024-10-17 Markus Dabernig , Aitor Atencia

Renewable energy sources provide a constantly increasing contribution to the total energy production worldwide. However, the power generation from these sources is highly variable due to their dependence on meteorological conditions.…

Applications · Statistics 2019-03-05 Thordis Thorarinsdottir , Anders Løland , Alex Lenkoski

Among the most relevant processes in the Earth system for human habitability are quasi-periodic, ocean-driven multi-year events whose dynamics are currently incompletely characterized by physical models, and hence poorly predictable. This…

Atmospheric and Oceanic Physics · Physics 2023-08-09 Matthew Bonas , Christopher K. Wikle , Stefano Castruccio

Probabilistic forecasts in the form of ensemble of scenarios are required for complex decision making processes. Ensemble forecasting systems provide such products but the spatio-temporal structures of the forecast uncertainty is lost when…

Applications · Statistics 2016-12-21 Zied Ben Bouallegue , Tobias Heppelmann , Susanne E. Theis , Pierre Pinson

Energy price forecasting is a relevant yet hard task in the field of multi-step time series forecasting. In this paper we compare a well-known and established method, ARMA with exogenous variables with a relatively new technique Gradient…

Machine Learning · Statistics 2015-06-24 Gergo Barta , Gyula Borbely , Gabor Nagy , Sandor Kazi , Tamas Henk

There is recent interest in using model hubs, a collection of pre-trained models, in computer vision tasks. To utilize the model hub, we first select a source model and then adapt the model for the target to compensate for differences.…

Machine Learning · Computer Science 2022-07-19 Jens Schreiber , Bernhard Sick

There has been an increasing trend in the electric power system from a centralized generation-driven grid to a more reliable, environmental friendly, and customer-driven grid. One of the most important issues which the designers of smart…

Systems and Control · Computer Science 2015-02-03 Kianoosh G. Boroojeni , Shekoufeh Mokhtari , M. H. Amini , S. S. Iyengar

The objective of the GreenPAD project is to use green energy (wind, solar and biomass) for powering data-centers that are used to run HPC jobs. As a part of this it is important to predict the Renewable (Wind) energy for efficient…

Machine Learning · Computer Science 2014-02-27 Ankur Sahai

The potential effects of conservation actions on threatened species can be predicted using ensemble ecosystem models by forecasting populations with and without intervention. These model ensembles commonly assume stable coexistence of…

Populations and Evolution · Quantitative Biology 2024-03-22 Sarah A. Vollert , Christopher Drovandi , Matthew P. Adams

Accurate medium-range precipitation forecasting is crucial for hydrometeorological risk management and disaster mitigation, yet remains challenging for current numerical weather prediction (NWP) systems. Traditional ensemble systems such as…

Atmospheric and Oceanic Physics · Physics 2025-10-24 Tianyi Xiong , Haonan Chen

Accurate prediction of wind speed and power is vital for enhancing the efficiency of wind energy systems. Numerous solutions have been implemented to date, demonstrating their potential to improve forecasting. Among these, deep learning is…

Machine Learning · Computer Science 2024-01-17 Mulomba Mukendi Christian , Yun Seon Kim , Hyebong Choi , Jaeyoung Lee , SongHee You

Wind energy plays a critical role in the transition towards renewable energy sources. However, the uncertainty and variability of wind can impede its full potential and the necessary growth of wind power capacity. To mitigate these…

Machine Learning · Computer Science 2026-01-13 Stefan Jonas , Kevin Winter , Bernhard Brodbeck , Angela Meyer

The Analog Ensemble (AnEn) method tries to estimate the probability distribution of the future state of the atmosphere with a set of past observations that correspond to the best analogs of a deterministic Numerical Weather Prediction…

Machine Learning · Computer Science 2019-09-30 Alessandro Fanfarillo , Behrooz Roozitalab , Weiming Hu , Guido Cervone

Since the weather is chaotic, forecasts aim to predict the distribution of future states rather than make a single prediction. Recently, multiple data driven weather models have emerged claiming breakthroughs in skill. However, these have…