mshw, a forecasting library to predict short-term electricity demand based on multiple seasonal Holt-Winters

arXiv:2402.10982v1 Announce Type: new
Abstract: Transmission system operators have a growing need for more accurate forecasting of electricity demand. Current electricity systems largely require demand forecasting so that the electricity market establishes electricity prices as well as the programming of production units. The companies that are part of the electrical system use exclusive software to obtain predictions, based on the use of time series and prediction tools, whether statistical or artificial intelligence. However, the most common form of prediction is …

abstract accurate forecasting arxiv companies cs.lg current demand demand forecasting econ.em electricity forecasting library multiple operators production programming stat.ap systems type units