Matches in SemOpenAlex for { <https://semopenalex.org/work/W3199114290> ?p ?o ?g. }
- W3199114290 endingPage "1253" @default.
- W3199114290 startingPage "1244" @default.
- W3199114290 abstract "This paper demonstrates how a binary prediction market is capable of achieving a probabilistic renewable energy forecast. In prediction markets, participants trade shares associated with the outcome of unknown future events (here, the renewable production, as a random variable), and the instantaneous price of shares represents the probability of the outcome. The focus of this study is to exploit this informational value of the prediction market price in renewable energy forecasting. To this end, in this paper three different methods of renewable probabilistic forecasting have been considered as the trading agents in a binary prediction market, the aggregated probability of the renewable output is elicited from the equilibrium price in this market and finally, the full cumulative distribution function of possible renewable output is extracted through regression analysis. The proposed method is applied to the test cases of three onshore wind farms in Australia. The simulation results suggest that the performance of the proposed method is superior to the individual models and forecasting is improved in terms of reduction in the electricity market imbalance costs." @default.
- W3199114290 created "2021-09-27" @default.
- W3199114290 creator A5019382424 @default.
- W3199114290 creator A5071319037 @default.
- W3199114290 date "2022-04-01" @default.
- W3199114290 modified "2023-09-25" @default.
- W3199114290 title "Prediction Markets for Probabilistic Forecasting of Renewable Energy Sources" @default.
- W3199114290 cites W1486055663 @default.
- W3199114290 cites W1599628716 @default.
- W3199114290 cites W1970071487 @default.
- W3199114290 cites W1984934177 @default.
- W3199114290 cites W1998559503 @default.
- W3199114290 cites W2015736731 @default.
- W3199114290 cites W2061973578 @default.
- W3199114290 cites W2074287883 @default.
- W3199114290 cites W2074511771 @default.
- W3199114290 cites W2084969828 @default.
- W3199114290 cites W2101457442 @default.
- W3199114290 cites W2112159553 @default.
- W3199114290 cites W2118005939 @default.
- W3199114290 cites W2118788550 @default.
- W3199114290 cites W2118858527 @default.
- W3199114290 cites W2123792871 @default.
- W3199114290 cites W2132634326 @default.
- W3199114290 cites W2156604062 @default.
- W3199114290 cites W2162067990 @default.
- W3199114290 cites W2164780059 @default.
- W3199114290 cites W2426621350 @default.
- W3199114290 cites W2528724538 @default.
- W3199114290 cites W2553457207 @default.
- W3199114290 cites W2592036976 @default.
- W3199114290 cites W2753454060 @default.
- W3199114290 cites W2755104498 @default.
- W3199114290 cites W2764176483 @default.
- W3199114290 cites W2889217990 @default.
- W3199114290 cites W2941588664 @default.
- W3199114290 cites W2972425174 @default.
- W3199114290 cites W2993033312 @default.
- W3199114290 cites W3008917326 @default.
- W3199114290 cites W3043337086 @default.
- W3199114290 cites W3097829643 @default.
- W3199114290 cites W3101634796 @default.
- W3199114290 cites W3135037060 @default.
- W3199114290 cites W3135691164 @default.
- W3199114290 cites W3135857552 @default.
- W3199114290 cites W4256232447 @default.
- W3199114290 doi "https://doi.org/10.1109/tste.2021.3112916" @default.
- W3199114290 hasPublicationYear "2022" @default.
- W3199114290 type Work @default.
- W3199114290 sameAs 3199114290 @default.
- W3199114290 citedByCount "3" @default.
- W3199114290 countsByYear W31991142902022 @default.
- W3199114290 countsByYear W31991142902023 @default.
- W3199114290 crossrefType "journal-article" @default.
- W3199114290 hasAuthorship W3199114290A5019382424 @default.
- W3199114290 hasAuthorship W3199114290A5071319037 @default.
- W3199114290 hasBestOaLocation W31991142901 @default.
- W3199114290 hasConcept C119599485 @default.
- W3199114290 hasConcept C121332964 @default.
- W3199114290 hasConcept C122282355 @default.
- W3199114290 hasConcept C127413603 @default.
- W3199114290 hasConcept C146733006 @default.
- W3199114290 hasConcept C149782125 @default.
- W3199114290 hasConcept C154945302 @default.
- W3199114290 hasConcept C162324750 @default.
- W3199114290 hasConcept C163258240 @default.
- W3199114290 hasConcept C165696696 @default.
- W3199114290 hasConcept C188573790 @default.
- W3199114290 hasConcept C206658404 @default.
- W3199114290 hasConcept C2776849302 @default.
- W3199114290 hasConcept C2780789856 @default.
- W3199114290 hasConcept C2781104810 @default.
- W3199114290 hasConcept C38652104 @default.
- W3199114290 hasConcept C41008148 @default.
- W3199114290 hasConcept C49937458 @default.
- W3199114290 hasConcept C62520636 @default.
- W3199114290 hasConcept C78600449 @default.
- W3199114290 hasConcept C89227174 @default.
- W3199114290 hasConceptScore W3199114290C119599485 @default.
- W3199114290 hasConceptScore W3199114290C121332964 @default.
- W3199114290 hasConceptScore W3199114290C122282355 @default.
- W3199114290 hasConceptScore W3199114290C127413603 @default.
- W3199114290 hasConceptScore W3199114290C146733006 @default.
- W3199114290 hasConceptScore W3199114290C149782125 @default.
- W3199114290 hasConceptScore W3199114290C154945302 @default.
- W3199114290 hasConceptScore W3199114290C162324750 @default.
- W3199114290 hasConceptScore W3199114290C163258240 @default.
- W3199114290 hasConceptScore W3199114290C165696696 @default.
- W3199114290 hasConceptScore W3199114290C188573790 @default.
- W3199114290 hasConceptScore W3199114290C206658404 @default.
- W3199114290 hasConceptScore W3199114290C2776849302 @default.
- W3199114290 hasConceptScore W3199114290C2780789856 @default.
- W3199114290 hasConceptScore W3199114290C2781104810 @default.
- W3199114290 hasConceptScore W3199114290C38652104 @default.
- W3199114290 hasConceptScore W3199114290C41008148 @default.
- W3199114290 hasConceptScore W3199114290C49937458 @default.
- W3199114290 hasConceptScore W3199114290C62520636 @default.
- W3199114290 hasConceptScore W3199114290C78600449 @default.