Probabilistic Forecasting in Practice

When:  Nov 21, 2018 from 4:00 PM to 5:00 PM (DK)
Associated with  Task 36

30 min talk by WEPROG CEO Corinna Möhrlen and Ricardo Bessa, Senior Researcher at INESC TEC,  followed by 30 min opportunity for questions.

While deterministic forecasts are still the norm in many utilities, uses of probabilistic forecasts are getting more frequent. We present actual use cases of exploiting the full information contained in probabilistic forecasts, and give a general guideline how to make sense of the extra information provided.