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Global Energy Forecasting Competition 2012

Tao Hong, Pierre Pinson and Shu Fan

No HSC/13/16, HSC Research Reports from Hugo Steinhaus Center, Wroclaw University of Science and Technology

Abstract: The Global Energy Forecasting Competition (GEFCom2012) attracted hundreds of participants worldwide, who contributed many novel ideas to the energy forecasting field. This paper introduces both tracks of GEFCom2012, hierarchical load forecasting and wind power forecasting, with details on the aspects of the problem, the data, and a summary of the methods used by selected top entries. We also discuss the lessons learned from this competition from the organizers’ perspective. The complete data set, including the solution data, is published along with this paper, in an effort to establish a benchmark data pool for the community.

Keywords: Energy forecasting; Load forecasting; Forecasting competition; Wind power forecasting (search for similar items in EconPapers)
JEL-codes: Q41 Q47 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2013-12-31
New Economics Papers: this item is included in nep-ene and nep-for
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published in International Journal of Forecasting 30(2), 2014, 357-363

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