2,828 research outputs found
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Weather, climate, and hydrologic forecasting for the US Southwest: A survey
As part of a regional integrated assessment of climate vulnerability, a survey was conducted from June 1998 to May 2000 of weather, climate, and hydrologic forecasts with coverage of the US Southwest and an emphasis on the Colorado River Basin. The survey addresses the types of forecasts that were issued, the organizations that provided them, and techniques used in their generation. It reflects discussions with key personnel from organizations involved in producing or issuing forecasts, providing data for making forecasts, or serving as a link for communicating forecasts. During the survey period, users faced a complex and constantly changing mix of forecast products available from a variety of sources. The abundance of forecasts was not matched in the provision of corresponding interpretive materials, documentation about how the forecasts were generated, or reviews of past performance. Potential existed for confusing experimental and research products with others that had undergone a thorough review process, including official products issued by the National Weather Service. Contrasts between the state of meteorologic and hydrologic forecasting were notable, especially in the former's greater operational flexibility and more rapid incorporation of new observations and research products. Greater attention should be given to forecast content and communication, including visualization, expression of probabilistic forecasts and presentation of ancillary information. Regional climate models and use of climate forecasts in water supply forecasting offer rapid improvements in predictive capabilities for the Southwest. Forecasts and production details should be archived, and publicly available forecasts should be accompanied by performance evaluations that are relevant to users
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Factors affecting seasonal forecast use in Arizona water management: A case study of the 1997-98 El Niño
The 1997-98 El Niño was exceptional, not only because of its magnitude, but also because of the visibility and use of its forecasts. The 3 to 9 mo advance warning of a wet winter with potential flooding in the US Southwest, easily accessible by water management agencies, was unprecedented. Insights about use of this information in operational water management decision processes were developed through a series of semi-structured in-depth interviews with key personnel from a broad array of agencies responsible for emergency management and water supply, with jurisdictions ranging from urban to rural and local to regional. Interviews investigated where information was acquired, how it was interpreted and how it was incorporated into specific decisions and actions. In addition, technical and institutional barriers to forecast use are explored. Study findings emphasize (1) the need for special handling of tailored forecast products on a regional scale, (2) the need for systematic regional forecast evaluation and (3) the potential for climate information to directly affect water management decisions through integrating climate forecasts into water supply outlooks where appropriate
Demand Forecasting: Evidence-based Methods
We looked at evidence from comparative empirical studies to identify methods that can be useful for predicting demand in various situations and to warn against methods that should not be used. In general, use structured methods and avoid intuition, unstructured meetings, focus groups, and data mining. In situations where there are sufficient data, use quantitative methods including extrapolation, quantitative analogies, rule-based forecasting, and causal methods. Otherwise, use methods that structure judgement including surveys of intentions and expectations, judgmental bootstrapping, structured analogies, and simulated interaction. Managers' domain knowledge should be incorporated into statistical forecasts. Methods for combining forecasts, including Delphi and prediction markets, improve accuracy. We provide guidelines for the effective use of forecasts, including such procedures as scenarios. Few organizations use many of the methods described in this paper. Thus, there are opportunities to improve efficiency by adopting these forecasting practices.Accuracy, expertise, forecasting, judgement, marketing.
Long-Term Load Forecasting Considering Volatility Using Multiplicative Error Model
Long-term load forecasting plays a vital role for utilities and planners in
terms of grid development and expansion planning. An overestimate of long-term
electricity load will result in substantial wasted investment in the
construction of excess power facilities, while an underestimate of future load
will result in insufficient generation and unmet demand. This paper presents
first-of-its-kind approach to use multiplicative error model (MEM) in
forecasting load for long-term horizon. MEM originates from the structure of
autoregressive conditional heteroscedasticity (ARCH) model where conditional
variance is dynamically parameterized and it multiplicatively interacts with an
innovation term of time-series. Historical load data, accessed from a U.S.
regional transmission operator, and recession data for years 1993-2016 is used
in this study. The superiority of considering volatility is proven by
out-of-sample forecast results as well as directional accuracy during the great
economic recession of 2008. To incorporate future volatility, backtesting of
MEM model is performed. Two performance indicators used to assess the proposed
model are mean absolute percentage error (for both in-sample model fit and
out-of-sample forecasts) and directional accuracy.Comment: 19 pages, 11 figures, 3 table
Tornado outbreak false alarm probabilistic forecasts with machine learning
Tornadic outbreaks occur annually, causing fatalities and millions of dollars in damage. By improving forecasts, the public can be better equipped to act prior to an event. False alarms (FAs) can hinder the public’s ability (or willingness) to act. As such, a probabilistic FA forecasting scheme would be beneficial to improving public response to outbreaks.
Here, a machine learning approach is employed to predict FA likelihood from Storm Prediction Center (SPC) tornado outbreak forecasts. A database of hit and FA outbreak forecasts spanning 2010 – 2020 was developed using historical SPC convective outlooks and the SPC Storm Reports database. Weather Research and Forecasting (WRF) model simulations were done for each outbreak to characterize the underlying meteorological environments. Parameters from these simulations were used to train a support vector machine (SVM) to forecast FAs. Results were encouraging and may result in further applications in severe weather operations
Forecasting for Marketing
Research on forecasting is extensive and includes many studies that have tested alternative methods in order to determine which ones are most effective. We review this evidence in order to provide guidelines for forecasting for marketing. The coverage includes intentions, Delphi, role playing, conjoint analysis, judgmental bootstrapping, analogies, extrapolation, rule-based forecasting, expert systems, and econometric methods. We discuss research about which methods are most appropriate to forecast market size, actions of decision makers, market share, sales, and financial outcomes. In general, there is a need for statistical methods that incorporate the manager's domain knowledge. This includes rule-based forecasting, expert systems, and econometric methods. We describe how to choose a forecasting method and provide guidelines for the effective use of forecasts including such procedures as scenarios.forecasting, marketing
A new paradigm for medium-range severe weather forecasts: probabilistic random forest-based predictions
Historical observations of severe weather and simulated severe weather
environments (i.e., features) from the Global Ensemble Forecast System v12
(GEFSv12) Reforecast Dataset (GEFS/R) are used in conjunction to train and test
random forest (RF) machine learning (ML) models to probabilistically forecast
severe weather out to days 4--8. RFs are trained with 9 years of the GEFS/R and
severe weather reports to establish statistical relationships. Feature
engineering is briefly explored to examine alternative methods for gathering
features around observed events, including simplifying features using spatial
averaging and increasing the GEFS/R ensemble size with time-lagging. Validated
RF models are tested with ~1.5 years of real-time forecast output from the
operational GEFSv12 ensemble and are evaluated alongside expert human-generated
outlooks from the Storm Prediction Center (SPC). Both RF-based forecasts and
SPC outlooks are skillful with respect to climatology at days 4 and 5 with
degrading skill thereafter. The RF-based forecasts exhibit tendencies to
underforecast severe weather events, but they tend to be well-calibrated at
lower probability thresholds. Spatially averaging predictors during RF training
allows for prior-day thermodynamic and kinematic environments to generate
skillful forecasts, while time-lagging acts to expand the forecast areas,
increasing resolution but decreasing objective skill. The results highlight the
utility of ML-generated products to aid SPC forecast operations into the medium
range
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