New R package for electricity forecasting
Shu Fan and I have developed a model for electricity demand forecasting that is now widely used in Australia for long-term forecasting of peak electricity demand. It has become known as the “Monash Electricity Forecasting Model”. We have decided to release an R package that implements our model so that other people can easily use it. The package is called “MEFM” and is available on github. We will probably also put in on CRAN eventually.
The package is being released under a GPL licence, so anyone can use it. All we ask is that our work is properly cited.comments powered by Disqus