Forecasting of high-resolution electricity consumption with stochastic climatic covariates via a functional time series approach

Keyphrases

• High-resolution 100%
• Electricity Consumption 100%
• Time Series Approach 100%
• Time-varying Parameter Model 100%
• Functional Covariates 100%
• Functional Time Series 100%
• Multi-resolution 50%
• Prediction Accuracy 50%
• Easy-to-implement 50%
• Estimation Method 50%
• B-spline 50%
• High-resolution Data 50%
• Varying Parameters 50%
• Data Dynamics 50%
• Belgium 50%
• Functional Autoregressive Model 50%
• Two-Layer Sparsity 50%
• Stochastic Effects 50%
• Rolling Window 50%
• Adaptive Lasso 50%
• Sparsity Assumption 50%
• Day-ahead Forecasting 50%

Mathematics

• Stochastics 100%
• Covariate 100%
• Time-Varying Parameter 100%
• Multiresolution 33%
• B-Spline 33%
• Autoregressive Model 33%
• Data Resolution 33%
• Basis Function 33%

Economics, Econometrics and Finance

• Time Series 100%