Additive Covariance Matrix Models: Modeling Regional Electricity Net-Demand in Great Britain
加性协方差矩阵模型:英国区域电力净需求建模
Forecasts of regional electricity net-demand, consumption minus embedded generation, are an essential input for reliable and economic power system operation, and energy trading. While such forecasts are typically performed region by region, operations such as managing power flows require spatially coherent joint forecasts, which account for cross-regional dependencies. Here, we forecast the joint distribution of net-demand across the 14 regions constituting Great Britain’s…