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In a crowd forecasting system, aggregation is an algorithm that returns aggregated probabilities for each question based on the probabilities provided per question by each individual in the crowd. Various aggregation methods have been…

应用统计 · 统计学 2022-03-18 Yuzhong Huang , Andres Abeliuk , Fred Morstatter , Pavel Atanasov , Aram Galstyan

In several modern applications, data are generated continuously over time, such as data generated from smartwatches. We assume data are collected and analyzed sequentially, in batches. Since traditional or offline methods can be extremely…

统计方法学 · 统计学 2025-01-22 Payel Ghosal , Shamriddha De , Joyee Ghosh

We propose a novel machine learning approach for probabilistic forecasting of hourly day-ahead electricity prices. In contrast with the recent advances in data-rich probabilistic forecasting, which approximates distributions with few…

综合经济学 · 经济学 2025-07-04 Jozef Barunik , Lubos Hanus

The flexibility in electricity consumption and production in communities of residential buildings, including those with renewable energy sources and energy storage (a.k.a., prosumers), can effectively be utilized through the advancement of…

机器学习 · 计算机科学 2024-02-22 Aleksei Kychkin , Georgios C. Chasparis

Load forecasting is essential for the efficient, reliable, and cost-effective management of power systems. Load forecasting performance can be improved by learning the similarities among multiple entities (e.g., regions, buildings).…

机器学习 · 统计学 2025-02-07 Onintze Zaballa , Verónica Álvarez , Santiago Mazuelas

Ensembles of forecasts are typically employed to account for the forecast uncertainties inherent in predictions of future weather states. However, biases and dispersion errors often present in forecast ensembles require statistical…

统计方法学 · 统计学 2015-07-21 Sándor Baran , Annette Möller

The accurate prediction of short-term electricity prices is vital for effective trading strategies, power plant scheduling, profit maximisation and efficient system operation. However, uncertainties in supply and demand make such…

计量经济学 · 经济学 2023-04-20 Mira Watermeyer , Thomas Möbius , Oliver Grothe , Felix Müsgens

Probabilistic weather forecasts from ensemble systems require statistical postprocessing to yield calibrated and sharp predictive distributions. This paper presents an area-covering postprocessing method for ensemble precipitation…

应用统计 · 统计学 2020-10-13 Lea Friedli , David Ginsbourger , Jonas Bhend

In this paper we develop a data-driven smoothing technique for high-dimensional and non-linear panel data models. We allow for individual specific (non-linear) functions and estimation with econometric or machine learning methods by using…

统计方法学 · 统计学 2020-01-06 Xi Chen , Ye Luo , Martin Spindler

Autonomous Experimentation Platforms (AEPs) are advanced manufacturing platforms that, under intelligent control, can sequentially search the material design space (MDS) and identify parameters with the desired properties. At the heart of…

机器学习 · 计算机科学 2023-02-28 Ahmed Shoyeb Raihan , Imtiaz Ahmed

Ensemble forecast post-processing is a necessary step in producing accurate probabilistic forecasts. Conventional post-processing methods operate by estimating the parameters of a parametric distribution, frequently on a per-location or…

机器学习 · 计算机科学 2023-05-01 Peter Mlakar , Janko Merše , Jana Faganeli Pucer

Bidding flexibility in day-ahead and intraday auctions would enable decentralized flexible resources, such as electric vehicles and heat pumps, to efficiently align their consumption with the intermittent generation of renewable energy.…

系统与控制 · 电气工程与系统科学 2025-12-16 Gabriel Ellemund , Thomas Hübner , Quentin Lété , Stefano Bracco , Matteo Fresia , Gabriela Hug

After deploying a clinical prediction model, subsequently collected data can be used to fine-tune its predictions and adapt to temporal shifts. Because model updating carries risks of over-updating/fitting, we study online methods with…

机器学习 · 统计学 2021-10-14 Jean Feng , Alexej Gossmann , Berkman Sahiner , Romain Pirracchio

Accurate and reliable probabilistic forecasts of hydrological quantities like runoff or water level are beneficial to various areas of society. Probabilistic state-of-the-art hydrological ensemble prediction models are usually driven with…

应用统计 · 统计学 2020-01-17 Sándor Baran , Stephan Hemri , Mehrez El Ayari

Data assimilation (DA) is a fundamental component of modern weather prediction, yet it remains a major computational bottleneck in machine learning (ML)-based forecasting pipelines due to reliance on traditional variational methods. Recent…

机器学习 · 计算机科学 2026-02-09 Ran Cheng , Lailai Zhu

Short Term Load forecasting in this paper uses input data dependent on parameters such as load for current hour and previous two hours, temperature for current hour and previous two hours, wind for current hour and previous two hours, cloud…

神经与进化计算 · 计算机科学 2009-12-08 Mrs. J. P. Rothe , Dr. A. K. Wadhwani , Dr. Mrs. S. Wadhwani

We consider Online Convex Optimization (OCO) in the setting where the costs are $m$-strongly convex and the online learner pays a switching cost for changing decisions between rounds. We show that the recently proposed Online Balanced…

机器学习 · 计算机科学 2019-04-05 Gautam Goel , Adam Wierman

The paper presents numerical experiments and some theoretical developments in prediction with expert advice (PEA). One experiment deals with predicting electricity consumption depending on temperature and uses real data. As the pattern of…

人工智能 · 计算机科学 2021-09-30 Vladimir V'yugin , Vladimir Trunov

Power supply from renewable resources is on a global rise where it is forecasted that renewable generation will surpass other types of generation in a foreseeable future. Increased generation from renewable resources, mainly solar and wind,…

机器学习 · 统计学 2017-06-28 Mohana Alanazi , Mohsen Mahoor , Amin Khodaei

Electricity load consumption may be extremely complex in terms of profile patterns, as it depends on a wide range of human factors, and it is often correlated with several exogenous factors, such as the availability of renewable energy and…

机器学习 · 计算机科学 2025-02-03 Aleksei Kychkin , Georgios C. Chasparis