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Table 6 CRPS calculated on the test set for the different probabilistic forecasting strategies

From: Net load forecasting using different aggregation levels

Strategy

Quantity

Complex model

Simple model

Aggregated

Net load

2.676

2.987

Partially aggregated

Supply

1.953

2.053

Demand

0.751

0.794

Net load

2.130***

2.226***

Disaggregated

Offshore wind

0.602

0.657

Onshore wind

1.810

1.911

Solar

0.343

0.379

Run of river

0.048

0.045

Demand

0.751

0.794

Net load

2.203

2.363

  1. The best performing strategy is highlighted in bold. Significance levels are based on the DM test and show the significance between the two best performing forecasting strategies for the same forecasting model
  2. Significance levels ***\(\alpha =0.001\), **\(\alpha =0.01\), *\(\alpha =0.1\)