• Corpus ID: 244714908

GLASSO Model for Electric Load and Wind Power and Monte Carlo Scenario GenerationRen\'e Carmona \&Xinshuo Yang

@inproceedings{Carmona2021GLASSOMF,
  title={GLASSO Model for Electric Load and Wind Power and Monte Carlo Scenario GenerationRen\'e Carmona \\&Xinshuo Yang},
  author={Ren{\'e} A. Carmona and Xinshuo Yang},
  year={2021}
}
For the purpose of Monte Carlo scenario generation, we propose a graphical model for the joint distribution of wind power and electricity demand in a given region. To conform with the practice in the electric power industry, we assume that point forecasts are provided exogenously, and concentrate on the modeling of the deviations from these forecasts instead of modeling the actual quantities of interest. We find that the marginal distributions of these deviations can have heavy tails, feature… 

Joint Stochastic Model for Electric Load, Solar and Wind Power at Asset Level and Monte Carlo Scenario GenerationRen\'e Carmona \&Xinshuo Yang

. For the purpose of Monte Carlo scenario generation, we propose a graphical model for the joint distribution of wind power and electricity demand in a given region. To conform with the practice in

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  • https://rdrr.io/rforge/Rsafd/
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