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Energy Forecasting: A Review and Outlook

Tao Hong, Pierre Pinson, Yi Wang, Rafal Weron, Dazhi Yang, and Hamidreza Zareipour

  • PES
    Members: Free
    IEEE Members: Free
    Non-members: Free
    Pages/Slides: 13
09 Oct 2020

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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