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AutoML Algorithms for Online Generalized Additive Model Selection: Application to Electricity Demand Forecasting

  • Electricity demand forecasting is essential to prevent blackouts and ensure supply meets demand.
  • A combination of a Generalized Additive Models (GAM) with a State-Space model leads to adaptive (online) forecasting.
  • The formula and adaptation parameters of the GAM need to be fixed before model training, affecting predictive performance.
  • The DRAGON package is used to optimize these parameters in automated online generalized additive model selection.

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