Search results for " forecast"
showing 10 items of 220 documents
Automatic classification-based generation of thermal infrared land surface emissivity maps using AATSR data over Europe
2012
The remote sensing measurement of land surface temperature from satellites provides a monitoring of this magnitude on a continuous and regular basis, which is a critical factor in many research fields such as weather forecasting, detection of forest fires or climate change studies, for instance. The main problem of measuring temperature from space is the need to correct for the effects of the atmosphere and the surface emissivity. In this work an automatic procedure based on the Vegetation Cover Method, combined with the GLOBCOVER land surface type classification, is proposed. The algorithm combines this land cover classification with remote sensing information on the vegetation cover fract…
Identification and Handling of Critical Irradiance Forecast Errors Using a Random Forest Scheme – A Case Study for Southern Brazil
2015
Abstract Large forecast errors of solar power prediction cause challenges for the management of electric grids. Here, the classification technique Random Forests is applied to analyze the possible linkage of hourly or daily forecast errors to the actual situation given by a set of meteorological variables. This form a prediction of the forecast error and is thus usable to update the forecast. The performance of this scheme is assessed for the example of irradiance forecasts in Brazil. While limited to none improvements are obtained for next-hour forecasts, significant improvements are obtained for the next-day forecasts.
Could the recent zika epidemic have been predicted?
2017
AbstractGiven knowledge at the time, the recent 2015-2016 zika virus (ZIKV) epidemic probably could not have been predicted. Without the prior knowledge of ZIKV being already present in South America, and given the lack of understanding of key epidemiologic processes and long-term records of ZIKV cases in the continent, the best related prediction was for potential risk of an Aedes-borne disease epidemic. Here we use a recently published two-vector capacity model to assess the predictability of the conditions conducive to epidemics of diseases like zika, chikungunya or dengue, transmitted by the independent or concurrent presence of Aedes aegypti and Aedes albopictus. We compare the potenti…
Association between climate and new daily diagnoses of COVID-19
2020
AbstractBackgroundAlthough evidence is accumulating that climate conditions may positively or negatively influence the scale of coronavirus disease 2019 (COVID-19) outbreaks, uncertainty remains concerning the real impact of climate factors on viral transmission. Methods. The number of new daily cases of COVID-19 diagnosed in Verona (Italy) was retrieved from the official website of Veneto Region, while information on daily weather parameters in the same area was downloaded from IlMeteo website, a renowned Italian technological company specialized in weather forecasts. The search period ranged between March 1 to November 11, 2020. The number of new daily COVID-19 cases and meteorological da…
Visitor arrivals forecasts amid COVID-19: A perspective from the Africa team
2021
Abstract COVID-19 disrupted international tourism worldwide, subsequently presenting forecasters with a challenging conundrum. In this competition, we predict international arrivals for 20 destinations in two phases: (i) Ex post forecasts pre-COVID; (ii) Ex ante forecasts during and after the pandemic up to end 2021. Our results show that univariate combined with cross-sectional hierarchical forecasting techniques (THieF-ETS) outperform multivariate models pre-COVID. Scenarios were developed based on judgemental adjustment of the THieF-ETS baseline forecasts. Analysts provided a regional view on the most likely path to normal, based on country-specific regulations, macroeconomic conditions,…
Combining a data-driven approach with seasonal forecast data to predict reservoir water volume in the Mediterranean area
2023
Prolonged droughts and water scarcity have become more frequent in recent years, exacerbating the problem of the artificial reservoirs management in the Mediterranean area. This study proposes a methodology which combines a Nonlinear AutoRegressive network with eXogenous input (NARX) data-driven model with Seasonal Forecasts (SFs) data, with the aim to predict the water volume stored in reservoirs at a mid-term scale, as requested by the local authority. The methodology is applied to four Sicilian reservoirs that experienced water scarcity in the recent past. SFs produced at the European Centre for Medium-Range Weather Forecasting are used to force the NARX models. Also, the reservoirs are …
How do normalization schemes affect net spillovers? A replication of the Diebold and Yilmaz (2012) study
2019
Abstract This paper replicates the Diebold and Yilmaz (2012) study on the connectedness of the commodity market and three other financial markets: the stock market, the bond market, and the FX market, based on the Generalized Forecast Error Variance Decomposition, GEFVD. We show that the net spillover indices (of directional connectedness), used to assess the net contribution of one market to overall risk in the system, are sensitive to the normalization scheme applied to the GEFVD. We show that, considering data generating processes characterized by different degrees of persistence and covariance, a scalar-based normalization of the Generalized Forecast Error Variance Decomposition is pref…
Asymmetric semi-volatility spillover effects in EMU stock markets
2018
Abstract The aim of this paper is to quantify the strength and the direction of semi-volatility spillovers between five EMU stock markets over the 2000–2016 period. We use upside and downside semi-volatilities as proxies for downside risk and upside opportunities. In this way, we aim to complement the literature, which has focused mainly on the contemporaneous correlation between positive and negative returns, with the evidence of asymmetry also in semi-volatility transmission. For this purpose, we apply the Diebold and Yilmaz (2012) methodology, based on a generalized forecast error variance decomposition, to downside and upside realized semi-volatility series. While the analysis of Diebol…
Flexible Data Driven Inventory Management with Interactive Multiobjective Lot Size Optimization
2021
We study data-driven decision support and formalise a path from data to decision making. We focus on lot sizing in inventory management with stochastic demand and propose an interactive multi-objective optimisation approach. We forecast demand with a Bayesian model, which is based on sales data. After identifying relevant objectives relying on the demand model, we formulate an optimisation problem to determine lot sizes for multiple future time periods. Our approach combines different interactive multi-objective optimisation methods for finding the best balance among the objectives. For that, a decision maker with substance knowledge directs the solution process with one’s preference inform…
Improving the prediction of air pollution peak episodes generated by urban transport networks
2016
Abstract This paper illustrates the early results of ongoing research developing novel methods to analyse and simulate the relationship between trasport-related air pollutant concentrations and easily accessible explanatory variables. The final scope is to integrate the new models in traditional traffic management support systems for a sustainable mobility of road vehicles in urban areas. This first stage concerns the relationship between the hourly mean concentration of nitrogen dioxide (NO2) and explanatory factors reflecting the NO2 mean level one hour back, along with traffic and weather conditions. Particular attention is given to the prediction of pollution peaks, defined as exceedanc…