Energy forecasting includes forecasting demand (load) and price of electricity, fossil fuels (natural gas, oil, coal) and renewable energy sources (RES; hydro, wind, solar). Forecasting can be both expected price value and probabilistic forecasting.
Energy forecasting includes forecasting demand (load) and price of electricity, fossil fuels (natural gas, oil, coal) and renewable energy sources (RES; hydro, wind, solar). Forecasting can be both expected price value and probabilistic forecasting.
Source: Wikipedia "Energy forecasting" · CC BY-SA 4.0
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