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IEEE Power & Energy Society Launches the Global Energy Forecasting Competition 2014

Global Energy Forecasting Competition 2014 by IEEE - Power Energy Society launches on CrowdANALYTIX platform. Check out the 4 tracks of your choice: Electric Load, Electric Price, Wind Power and Solar Power.

IEEE, the world’s largest professional organization dedicated to advancing technology for humanity, today announced the start of the Global Energy Forecasting Competition 2014 (GEFCom2014)—sponsored by the IEEE Power & Energy Society (PES) and organized by the IEEE Working Group on Energy Forecasting.

“The Global Energy Forecasting Competition invites data scientists from around the globe to tackle the forecasting challenges that the power and energy industry faces today.” said Dr. Tao Hong, general chair of GEFCom2014, founding chair of the IEEE Working Group on Energy Forecasting and EPIC assistant professor at University of North Carolina at Charlotte. “We have developed a cutting-edge forecasting competition platform on CrowdANALYTIX.com. It is now officially open to entries from interested teams. We have also created a LinkedIn group to connect the contestants and facilitate discussions during the competition.”

GEFCom2014 will end on Dec. 15, 2014. In addition, winning teams and institutions of the competition will be invited to present their methodologies and insights at the 2015 IEEE PES General Meeting in Denver.

GEFCom2014 is the first forecasting competition in the power and energy industry that asks for probabilistic forecasts. For each step throughout the forecasting horizon, the contestants are required to submit 99 forecasted quantiles instead of a single point estimate.

For more information about GEFCom2014, please visit http://www.gefcom.org.

To learn more about IEEE PES, visit us on Facebook, follow us on Twitter, or connect with us on LinkedIn.

Details on 4 competition tracks:

Electric Price: https://crowdanalytix.com/contests/global-energy-forecasting-compet...

Wind: https://crowdanalytix.com/contests/global-energy-forecasting-compet...

Solar Power: https://crowdanalytix.com/contests/global-energy-forecasting-compet...

Electric Load: https://crowdanalytix.com/contests/global-energy-forecasting-compet...

The original post is here: http://www.ieee-pes.org/component/content/article/158-uncategorised...;

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