Title :
Error Analysis of Econometric Load Forecasting Models
Author :
Clements, K.A. ; Wood, A.J.
Author_Institution :
Worcester Polytechnic Institute
fDate :
3/1/1979 12:00:00 AM
Abstract :
A technique for the statistical analyses of errors in the forecasts produced by econometric forecasting models is described and applied to a realistic model for annual electric energy sales. The technique considers uncertainties in the model parameters as well as in the exogenous (input) variables.
Keywords :
Demand forecasting; Econometrics; Economic forecasting; Error analysis; Load forecasting; Load modeling; Marketing and sales; Predictive models; Statistical analysis; Testing;
Journal_Title :
Power Apparatus and Systems, IEEE Transactions on
DOI :
10.1109/TPAS.1979.319330
