Related papers: High-frequency Density Nowcasts of U.S. State-Leve…
We propose a functional MIDAS model to leverage high-frequency information for forecasting and nowcasting distributions observed at a lower frequency. We approximate the low-frequency distribution using Functional Principal Component…
We develop a novel Bayesian framework for dynamic modeling of mixed frequency data to nowcast quarterly U.S. GDP growth. The introduced framework utilizes foundational Bayesian theory and treats data sampled at different frequencies as…
Macroeconomic data are crucial for monitoring countries' performance and driving policy. However, traditional data acquisition processes are slow, subject to delays, and performed at a low frequency. We address this 'ragged-edge' problem…
Nowcasting day-ahead marginal emissions factors is increasingly important for power systems with high flexibility and penetration of distributed energy resources. With a significant share of firm generation from natural gas and coal power…
Reducing Carbon dioxide (CO2) emission is vital at both global and national levels, given their significant role in exacerbating climate change. CO2 emission, stemming from a variety of industrial and economic activities, are major…
Accurate quantification of the relationship between forest loss and associated carbon emissions is critical for both environmental monitoring and policy evaluation. Although many studies have documented spatial patterns of forest…
This article investigates factor-augmented sparse MIDAS (Mixed Data Sampling) regressions for high-dimensional time series data, which may be observed at different frequencies. Our novel approach integrates sparse and dense dimensionality…
The continuous rise in CO2 emission into the environment is one of the most crucial issues facing the whole world. Many countries are making crucial decisions to control their carbon footprints to escape some of their catastrophic outcomes.…
Anthropogenic greenhouse gas (GHG) emissions exhibit spatial variation owing to differences in development patterns, local climate, economic composition, energy sources, and other factors. Many of these factors - and therefore their…
In the last 150 years, CO2 concentration in the atmosphere has increased from 280 parts per million to 400 parts per million. This has caused an increase in the average global temperatures by nearly 0.7 degree centigrade due to the…
Accurately estimating high-resolution carbon emissions is crucial for effective emission governance and mitigation planning. While conventional methods for precise carbon accounting are hindered by substantial data collection efforts, the…
Efficient energy consumption is crucial for achieving sustainable energy goals in the era of climate change and grid modernization. Thus, it is vital to understand how energy is consumed at finer resolutions such as household in order to…
Power systems decarbonization are at the focal point of the clean energy transition. While system operators and utility companies increasingly publicize system-level carbon emission information, it remains unclear how emissions from…
Consumer Demand Response (DR) is an important research and industry problem, which seeks to categorize, predict and modify consumer's energy consumption. Unfortunately, traditional clustering methods have resulted in many hundreds of…
This paper constructs individual-specific density forecasts for a panel of firms or households using a dynamic linear model with common and heterogeneous coefficients as well as cross-sectional heteroskedasticity. The panel considered in…
Air pollution remains a leading global health and environmental risk, particularly in regions vulnerable to episodic air pollution spikes due to wildfires, urban haze and dust storms. Accurate forecasting of particulate matter (PM)…
We estimate cumulative CO2 emissions during the period 2000 to 2050 from developed and developing countries based on the empirical relationship between CO2 per capita emissions (due to fossil fuel combustion and cement production) and…
Forecasting natural gas consumption, considering seasonality and trends, is crucial in planning its supply and consumption and optimizing the cost of obtaining it, mainly by industrial entities. However, in times of threats to its supply,…
This paper introduces a new stochastic diffusion process to model the electricity production from natural gas sources (as a percentage of total electricity production) in the United States. The method employs trend function analysis to…
Building on near-real-time and spatially explicit estimates of daily carbon dioxide (CO2) emissions, here we present and analyze a new city-level dataset of fossil fuel and cement emissions. Carbon Monitor Cities provides daily, city-level…