pv magazine International

Ultra-short-term PV forecasting based on convolutional neural network, long short-term memory

Scientists have created a novel probabilistic model for 5-minutes ahead PV power forecasting. The method combines a convolutional neural network with bidirectional long short-term memory, attention ...

AI vs. traditional models: The new era of weather forecasting

A groundbreaking AI model, GenCast, is revolutionizing weather forecasting by generating rapid, probabilistic global predictions for up to 15 days. Unlike traditional methods, it captures uncertainty ...
Risk

Probabilistic forecasting of medium-term electricity demand: a comparison of time series models

The uncertainty of customer demand and its relation to the fluctuation of electricity price is an important risk factor in electricity markets. Therefore, there is a need for the probabilistic ...
Washington Monthly

Probabilistic Election Forecasts Are Stupid and You Should Not Look at Them

A group of Americans residing in Taiwan are seen gathering at a bar, watching streaming videos for live results of the election and the speech by Donald Trump on TV and laptops, before the final ...