AI matches daily forecasts like never before, but when it comes to heat, cold, and wind records, HRES physics rules.
Forecasting is described as the practice of creating statements that anticipate future information. You should not confuse forecasting with budgeting, which uses future information to create a plan to ...
FORECAST.ETS applies an exponential triple smoothing (ETS) algorithm to create forecasts that can include trend and seasonal ...
Job forecasters, such as those who work for the U.S. Bureau of Labor Statistics, examine data to predict future employment trends. Businesses go through cycles of upward and downward trends and are ...
Data scientists and technologists responsible for data governance, engineering, and integration should look for opportunities to use data analytics and AI for strategic decision-making. Finance, ...
Legacy load forecasting models are struggling with ever-more-common, unpredictable events; power-hungry AI offers a solution.
The intermittent nature of solar energy poses challenges to grid stability, making accurate ultra-short-term solar irradiance ...