The report said its new forecasting method meant better accuracy and understanding of the cost to the electricity system. Image: CrossBoundary Energy. The average cost of forecasting errors in the US ...

This is a preview. Log in through your library . Abstract This paper develops a new method for estimating economic losses from forecasting error. The method is an ...

“Knowing how much renewable energy is likely to be available to meet demand is critical for ensuring a safe, reliable and affordable grid,” said Elliott Chorn. Image: Origis Energy. US forecasting ...

The Federal Reserve’s record of forecasting has frequently led it to respond too late to changes in economic and financial conditions. Given that economic growth is a function of economic production ...

Financial crises pose unique challenges for forecast accuracy. Using the IMF’s Monitoring of Fund Arrangement (MONA) database, we conduct the most comprehensive evaluation of IMF forecasts to date for ...

The intermittent nature of solar energy poses challenges to grid stability, making accurate ultra-short-term solar irradiance ...

As a climatologist and a geographer, I am very interested in how weather and climate varies across geographical space. To that extent, how does the forecastability of weather vary from one location to ...

Last year was a tough one for Barneys. The luxury retailer shuttered 15 of its 22 stores and turned the 2019 holiday season into a fire sale as it prepared to close its signature store in Manhattan.

Forbes contributors publish independent expert analyses and insights. Nikki Baird is a top global retail innovation and technology advisor. Demand forecasting, for all of its importance in business, ...

Sales forecasting is nothing more than an information-gathering and decision-making process, which allows you to get a handle on the past to make an educated guess about the future. After all, what ...