The report said its new forecasting method meant better accuracy and understanding of the cost to the electricity system. Image: CrossBoundary Energy. The average cost of forecasting errors in the US ...

The Federal Reserve’s record of forecasting has frequently led it to respond too late to changes in economic and financial conditions. Given that economic growth is a function of economic production ...

PV yield forecasts are widely considered to be inaccurate, partly because they underestimate uncertainty. Image: Tilt Renewables. The uncertainty in energy yield forecasts is frequently underestimated ...

NORFOLK, Va. — When I started as a professional meteorologist in 1980, long-range hurricane forecasts from the National Hurricane Center (NHC) went out three days ...