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A Guide To Energy Forecasting
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Book Synopsis A Guide to Energy Forecasting by : Graham Duxbury
Download or read book A Guide to Energy Forecasting written by Graham Duxbury and published by Troubador Publishing Ltd. This book was released on 2017-09-26 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the purposes, methodologies, modelling techniques and weaknesses in energy forecasting. It provides a rare appraisal of what is generally known as the ‘end use sector’ approach to global demand forecasting. It exposes the fallibilities that are hidden in the seductive power point presentations of forecasters and the false sense of accuracy bestowed upon them. It nevertheless stresses that forecasting remains crucial and of value to the industry. By raising awareness of the forecasting risks and the often ‘smoke and mirrors’ nature of the exercise as well as offering commentary on how the process and use of forecasts could be improved, although not necessarily the accuracy, this book is must-read for those in government, corporate planning and financing sectors of the energy industry who rely on forecasts to make policy, investment and trading decisions.
Book Synopsis A Guide to Energy Forecasting by : Graham Duxbury
Download or read book A Guide to Energy Forecasting written by Graham Duxbury and published by Troubador Publishing. This book was released on 2017-08-31 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes in an informal manner the methods used by consultants and industry planners to compile long term forecasts of global energy demand, supply and prices. A core aim is to expose the frailties of the forecasting process and describe the myriad issues that have to be addressed to compile such projections.The book shows that long term energy forecasts are often proven to be wide of the mark; but emphasises that forecasts are still needed, notwithstanding their accuracy. A market view is inevitably required to underpin ongoing new energy investment projects. The value of forecasts is generated in understanding their construction - how you get to the number - and being able to challenge their methodologies and assumptions.
Book Synopsis Modeling and Forecasting Electricity Loads and Prices by : Rafal Weron
Download or read book Modeling and Forecasting Electricity Loads and Prices written by Rafal Weron and published by John Wiley & Sons. This book was released on 2007-01-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes—electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. Modeling and Forecasting Electricity Loads and Prices is packaged with a CD containing both the data and detailed examples of implementation of different techniques in Matlab, with additional examples in SAS. A reader can retrace all the intermediate steps of a practical implementation of a model and test his understanding of the method and correctness of the computer code using the same input data. The book will be of particular interest to the quants employed by the utilities, independent power generators and marketers, energy trading desks of the hedge funds and financial institutions, and the executives attending courses designed to help them to brush up on their technical skills. The text will be also of use to graduate students in electrical engineering, econometrics and finance wanting to get a grip on advanced statistical tools applied in this hot area. In fact, there are sixteen Case Studies in the book making it a self-contained tutorial to electricity load and price modeling and forecasting.
Book Synopsis Solar Energy Forecasting and Resource Assessment by : Jan Kleissl
Download or read book Solar Energy Forecasting and Resource Assessment written by Jan Kleissl and published by Academic Press. This book was released on 2013-06-25 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solar Energy Forecasting and Resource Assessment is a vital text for solar energy professionals, addressing a critical gap in the core literature of the field. As major barriers to solar energy implementation, such as materials cost and low conversion efficiency, continue to fall, issues of intermittency and reliability have come to the fore. Scrutiny from solar project developers and their financiers on the accuracy of long-term resource projections and grid operators’ concerns about variable short-term power generation have made the field of solar forecasting and resource assessment pivotally important. This volume provides an authoritative voice on the topic, incorporating contributions from an internationally recognized group of top authors from both industry and academia, focused on providing information from underlying scientific fundamentals to practical applications and emphasizing the latest technological developments driving this discipline forward. The only reference dedicated to forecasting and assessing solar resources enables a complete understanding of the state of the art from the world’s most renowned experts. Demonstrates how to derive reliable data on solar resource availability and variability at specific locations to support accurate prediction of solar plant performance and attendant financial analysis. Provides cutting-edge information on recent advances in solar forecasting through monitoring, satellite and ground remote sensing, and numerical weather prediction.
Book Synopsis A Guide to Electricity Forecasting Methodology by :
Download or read book A Guide to Electricity Forecasting Methodology written by and published by . This book was released on 1968 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Electrical Load Forecasting by : S.A. Soliman
Download or read book Electrical Load Forecasting written by S.A. Soliman and published by Elsevier. This book was released on 2010-05-26 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Succinct and understandable, this book is a step-by-step guide to the mathematics and construction of electrical load forecasting models. Written by one of the world’s foremost experts on the subject, Electrical Load Forecasting provides a brief discussion of algorithms, their advantages and disadvantages and when they are best utilized. The book begins with a good description of the basic theory and models needed to truly understand how the models are prepared so that they are not just blindly plugging and chugging numbers. This is followed by a clear and rigorous exposition of the statistical techniques and algorithms such as regression, neural networks, fuzzy logic, and expert systems. The book is also supported by an online computer program that allows readers to construct, validate, and run short and long term models. Step-by-step guide to model construction Construct, verify, and run short and long term models Accurately evaluate load shape and pricing Creat regional specific electrical load models
Book Synopsis Predicting the Local Impacts of Energy Development by : Debra Sanderson
Download or read book Predicting the Local Impacts of Energy Development written by Debra Sanderson and published by . This book was released on 1977 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Predicting the Local Impacts of Energy Development by : Debra Sanderson
Download or read book Predicting the Local Impacts of Energy Development written by Debra Sanderson and published by . This book was released on 1977 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Forecasting--a Role for State Government? by : Montana. Legislature. Study Committee on Energy Forecasting
Download or read book Energy Forecasting--a Role for State Government? written by Montana. Legislature. Study Committee on Energy Forecasting and published by . This book was released on 1980 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Short Guide to Electric Utility Load Forecasting by : Bridger M. Mitchell
Download or read book A Short Guide to Electric Utility Load Forecasting written by Bridger M. Mitchell and published by Rand Corporation. This book was released on 1986 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric utilities, governmental energy agencies, and some private economic forecasting services make long-term forecasts of electricity and peak demand. This report briefly reviews the methods currently used to make such load forecasts, describes sources of variation between forecasts, and discusses the problems that confront electricity forecasters.
Book Synopsis Forecasting U.s. Electricity Demand by : Adela Maria Bolet
Download or read book Forecasting U.s. Electricity Demand written by Adela Maria Bolet and published by Westview Press. This book was released on 1985-06-19 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How to Forecast: A Guide for Business by : James Morrell
Download or read book How to Forecast: A Guide for Business written by James Morrell and published by Routledge. This book was released on 2017-11-22 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. Forecasting is an essential discipline in the planning and running of a business: not only for the business plan and annual budget but for the appraisal of investment projects, the commissioning of research as well as the appraisal of the competition and the feasibility of making acquisitions. Managers are continually confronted with the need to take decisions, and being able to construct a route map of the future is a key way of determining a course of action. This book offers a practical guide to forecasting the environment in which a firm operates. The author goes through the key areas which can affect a business. He includes those which are out of the firm's control such as fiscal and monetary policy, population levels and the labour market; and those that are, such as costs, prices, profits and product development.
Book Synopsis Determination of a Reduced Dataset to Guide Forecasting of Energy Use in Commercial Buildings by :
Download or read book Determination of a Reduced Dataset to Guide Forecasting of Energy Use in Commercial Buildings written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Integrating Renewables in Electricity Markets by : Juan M. Morales
Download or read book Integrating Renewables in Electricity Markets written by Juan M. Morales and published by Springer Science & Business Media. This book was released on 2013-12-03 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.
Book Synopsis Forecasting: principles and practice by : Rob J Hyndman
Download or read book Forecasting: principles and practice written by Rob J Hyndman and published by OTexts. This book was released on 2018-05-08 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.
Book Synopsis The Politics of Energy Forecasting by : Thomas Martin Baumgartner
Download or read book The Politics of Energy Forecasting written by Thomas Martin Baumgartner and published by Oxford University Press, USA. This book was released on 1987 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the process of model-building and forecasting with particular reference to energy.
Book Synopsis A Guide to Econometric Methods for the Energy-Growth Nexus by : Angeliki Menegaki
Download or read book A Guide to Econometric Methods for the Energy-Growth Nexus written by Angeliki Menegaki and published by Academic Press. This book was released on 2020-11-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Guide to Econometric Methods for the Energy-Growth Nexus presents, explains and compares all the available econometrics methods pertinent to the energy-growth nexus. Chapters cover methods and applications, starting with older econometric methods and moving toward new ones. Each chapter presents the method and facts about its applications, providing step-by-step explanations about the ways the method meets the demands of the field. In addition, applied case studies and practical research steps are included to enhance the learning process. By touching on all relevant econometric methods for the energy-growth nexus, this book gives energy-growth researchers and students all they need to tackle the subject matter. Presents econometric methods for short- and long-term forecasting Provides methods and step-by-step explanations on the ways the method meets the demands of the field Contains applied case studies and practical research steps
