Early power to gas applications: Reducing wind farm forecast errors and providing secondary control reserve
Sign Up to like & getrecommendations! Published in 2017 at "Applied Energy"
DOI: 10.1016/j.apenergy.2016.06.131
Abstract: Abstract The combination of wind turbines with fuel cells (FC) and electrolyzers (ELY) is an option for balancing fluctuating grid power injections from renewable energy sources. The conversion of electricity to hydrogen via ELY is… read more here.
Keywords: wind farm; forecast errors; power; farm forecast ... See more keywords
Disentangling political and institutional determinants of budget forecast errors: A comparative approach
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Comparative Economics"
DOI: 10.1016/j.jce.2018.03.002
Abstract: This paper provides a unique comparison between French and Portuguese local governments with respect to the nature and determinants of budget forecast errors. It starts by documenting and comparing their statistical properties. The results point… read more here.
Keywords: determinants budget; budget; forecast errors; budget forecast ... See more keywords
Rapid Development of Systematic ENSO‐Related Seasonal Forecast Errors
Sign Up to like & getrecommendations! Published in 2023 at "Geophysical Research Letters"
DOI: 10.1029/2022gl102249
Abstract: Climate models exhibit known systematic errors in their representation of the El Niño‐Southern Oscillation (ENSO). In this study, we show that such simulation errors are largely present in tropical seasonal prediction, even for short lead… read more here.
Keywords: rapid development; enso related; forecast errors; development systematic ... See more keywords
Revenue volatility and forecast errors: evidence from Korean local governments
Sign Up to like & getrecommendations! Published in 2019 at "Local Government Studies"
DOI: 10.1080/03003930.2019.1708726
Abstract: ABSTRACT We empirically analysed the effects of revenue volatility on forecast errors using a panel data set of Korean local governments over the period 2002–2016. Panel data analyses, conducted for acquisition tax, local education tax,… read more here.
Keywords: tax; volatility forecast; forecast errors; revenue volatility ... See more keywords
Lest We Forget: Learn from Out-of-Sample Forecast Errors When Optimizing Portfolios
Sign Up to like & getrecommendations! Published in 2021 at "Review of Financial Studies"
DOI: 10.1093/rfs/hhab041
Abstract: Portfolio optimization often struggles in realistic out-of-sample contexts. We deconstruct this stylized fact by comparing historical forecasts of portfolio optimization inputs with subsequent out-of-sample values. We confirm that historical forecasts are imprecise guides of subsequent… read more here.
Keywords: forecast errors; optimization; forget learn; lest forget ... See more keywords
On the Simulation of Aggregated Solar PV Forecast Errors
Sign Up to like & getrecommendations! Published in 2018 at "IEEE Transactions on Sustainable Energy"
DOI: 10.1109/tste.2018.2818727
Abstract: The uncertainty arising from high levels of solar photovoltaic (PV) penetration can have a substantial impact on power system operation. Therefore, there is a need to develop models capable of representing PV generation in a… read more here.
Keywords: simulation aggregated; forecast errors; power; solar forecast ... See more keywords
Potential Vorticity Dynamics of Forecast Errors: A Quantitative Case Study
Sign Up to like & getrecommendations! Published in 2018 at "Monthly Weather Review"
DOI: 10.1175/mwr-d-17-0196.1
Abstract: AbstractSynoptic-scale error growth near the tropopause is investigated from a process-based perspective. Following previous work, a potential vorticity (PV) error tendency equation is derived and ... read more here.
Keywords: vorticity; vorticity dynamics; dynamics forecast; forecast errors ... See more keywords