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Regularization in Hierarchical Time Series Forecasting with Application to Electricity Smart Meter Data

AAAI 2017 · Time series › Causal and generative time series · approach: Robust forecasting and evaluation · 25 citations (OpenAlex)

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Measured effects reported in the paper

What was changedWhereMeasuredEffect
Revise forecasts with MinT or MinT-REG instead of bottom-up aggregationbottom-up (BU) forecasts · GB smart meter hierarchy, aggregate levelsMSEHelped
Add elastic-net sparsity penalty to MinT adjustments (MinT-REG vs MinT)MinT · GB smart meter hierarchyMSEMixed
Add elastic-net sparsity penalty to MinT adjustments (MinT-REG vs MinT)MinT · GB smart meter hierarchynumber of non-zero adjustmentsHelped
Reconcile base forecasts with MinT-REG at bottom levelBASE forecasts · GB smart meter hierarchy, bottom levelMSEHelped

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