Forecasting Uncertainty Intervals for Return Period of Extreme Daily Electricity Consumption

Forecasting Uncertainty Intervals for Return Period of Extreme Daily Electricity Consumption

The use of extreme value theory (EVT) is usually aimed at quantifying the asymptotic behaviour of extreme quantiles. The generalised Pareto distribution (GPD) with peaks-over-threshold (POT) approach is applied to bootstrap uncertainty intervals for the return periods of extreme daily electricity c...

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Bibliographic Details
Main Author:	Katleho Makatjane
Format:	Article
Language:	English
Published:	EconJournals 2022-07-01
Series:	International Journal of Energy Economics and Policy
Subjects:	Bayesian; Extreme Value Theory; Generalised Pareto Distribution; Markov-chain-Monte-Carlo; Peaks-Over-Threshold.
Online Access:	https://econjournals.com/index.php/ijeep/article/view/12901

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