Oxford Mathematicians win outstanding certificate as part of the new IIF Tao Hong Award

Oxford Mathematicians Stephen Haben and Peter Grindrod and colleagues have won an outstanding certificate as part of the new IIF Tao Hong Award for papers in energy forecasting published in the International Journal of Forecasting.

The paper, 'A new error measure for forecasts of household-level, high resolution electrical energy consumption,' provides high-quality verification tools for load forecasts, which are essential in managing power systems. This is particularly helpful for work on demand profiling in the residential sector, where the temporal resolution of data has increased rapidly in recent years.