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Energy Forecasting: A Review and Outlook

Journal

IEEE OPEN ACCESS JOURNAL OF POWER AND ENERGY
Volume 7, Issue -, Pages 376-388

Publisher

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/OAJPE.2020.3029979

Keywords

Energy forecasting; load forecasting; electricity price forecasting; wind forecasting; solar forecasting

Funding

  1. National Science Foundation [1839812]

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Forecasting has been an essential part of the power and energy industry. Researchers and practitioners have contributed thousands of papers on forecasting electricity demand and prices, and renewable generation (e.g., wind and solar power). This article offers a brief review of influential energy forecasting papers; summarizes research trends; discusses importance of reproducible research and points out six valuable open data sources; makes recommendations about publishing high-quality research papers; and offers an outlook into the future of energy forecasting.

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