Search Results for author: Jungyeon Park

Found 2 papers, 0 papers with code

Probabilistic Forecast-based Portfolio Optimization of Electricity Demand at Low Aggregation Levels

no code implementations18 Apr 2023 Jungyeon Park, Estêvão Alvarenga, Jooyoung Jeon, Ran Li, Fotios Petropoulos, Hokyun Kim, Kwangwon Ahn

Using probabilistic load forecasts produced by either ARMA-GARCH models or kernel density estimation (KDE), we propose three approaches to creating a portfolio of residential households' demand: Forecast Validated, Seasonal Residual, and Seasonal Similarity.

Computational Efficiency Density Estimation +2

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