EAN: 9783658110383

ENERGY TIME SERIES FORECASTING - LARS DANNECKER...

Lars Dannecker developed a novel online forecasting process that significantly improves how
forecasts are calculated. It increases forecasting efficiency and accuracy  as well as allowing
the process to adapt to different situations and applications. Improving the forecasting
efficiency is a key pre-requisite for ensuring stable electricity grids in the face of an
increasing amount of renewable energy sources. It is also important to facilitate the move from
static day ahead electricity trading towards more dynamic real-time marketplaces. The online
forecasting process is realized by a number of approaches on the logical as well as on the
physical layer that we introduce in the course of this book. Nominated for the Georg-Helm-Preis
2015 awarded by the Technische Universität Dresden.

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