Energy forecasting: A review and outlook

T Hong, P Pinson, Y Wang, R Weron… - IEEE Open Access …, 2020 - ieeexplore.ieee.org
IEEE Open Access Journal of Power and Energy, 2020ieeexplore.ieee.org
Forecasting has been an essential part of the power and energy industry. Researchers and
practitioners have contributed thousands of papers on forecasting electricity demand and
prices, and renewable generation (eg, wind and solar power). This article offers a brief
review of influential energy forecasting papers; summarizes research trends; discusses
importance of reproducible research and points out six valuable open data sources; makes
recommendations about publishing high-quality research papers; and offers an outlook into …
Forecasting has been an essential part of the power and energy industry. Researchers and practitioners have contributed thousands of papers on forecasting electricity demand and prices, and renewable generation (e.g., wind and solar power). This article offers a brief review of influential energy forecasting papers; summarizes research trends; discusses importance of reproducible research and points out six valuable open data sources; makes recommendations about publishing high-quality research papers; and offers an outlook into the future of energy forecasting.
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