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Forecasting during denial: when management can't handle the truth

In recent posts (March 26, April 21) we've looked at forecasting in the face of chaos and disruption. We've seen that traditional time series forecasting methods (used during "normal" times) can be creatively augmented with additional methods like clustering, similarity analysis, epidemiologic models, and simulation. While it is unreasonable to [...]

The post Forecasting during denial: when management can't handle the truth appeared first on The Business Forecasting Deal.




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RBI extends recast benefit on commercial real estate loans to NBFCs

According to sector experts, NBFCs' outstanding credit to the commercial real estate stood at Rs 1.29 lakh crore as on September 30, 2019.




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Covid-19 impact: Loss forecast for India’s tourism sector doubles to Rs 10 lakh crore, says FAITH

The earlier forecast, which was shared with the government in March 2020, had put tourism's economic value at risk at around Rs 5 lakh crore, FAITH said in a statement.




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Good news! Expect normal monsoon this year; top points to know about IMD’s monsoon forecast

The department has also released the expected date when the monsoon will hit some important cities and areas of the country in terms of monsoon onset and withdrawal.




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IBM AI – Watson’s role must be expanded to data analysis and forecasting trends

ICMR, at present, is only using Watson for backend reporting, but it also needs to deploy it for data analysis and forecasting trends.




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Satellite Weather Forecast: Cloudy WIth A Chance Of p0wnage




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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Forecasting the Energy Community: Open Call for the Inaugural Season of a Fantasy Energy League

Fantasy sports and the energy industry might not have much in common on the surface, but I’ve always personally approached these two passions of mine in similar ways: obsessively reading the breaking news, following my favorite experts in the community on social media, and diving deep into the available statistics to create graphs and try to come up with hot takes. I think the fantasy sports model can be used to encourage an academic and educational exercise in the energy industry, so it struck me—I should establish the first fantasy league for the energy sector!




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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Plunge in UK Distributed Energy Investment Forecast for 2019

Investment in the UK’s distributed power generation market will witness a significant decline from almost $2.5 billion in 2013 to $939 million by 2019, according to new analysis.




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




recast

Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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Asia Pacific Economic Forecast Revised Downward; Inflation Expected to Rise Sharply

Asia Pacific Economic Forecast Revised Downward; Inflation Expected to Rise Sharply
SINGAPORE (May 30) -- Inflation in the Asia Pacific is set to rise sharply this year in the face of increased oil and commodity prices, contributing to a substantial downward revision in the overall economic growth forecast for the region, according to a report released today by the Pacific Economic Cooperation Council (PECC).




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Helping you see the bigger picture - EHSsential: environmental, health and safety news (2020 forecast)

HEALTH AND SAFETY In the courts - cameras to broadcast from the Crown Court for the first time The government has announced new legislation which will permit the sentencing remarks of High Court and senior judges in certain criminal cases to be film...




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Shipping - jurisdictional issues following the Brussels Recast

The changes to the Brussels Regulations apply to civil and commercial proceedings commenced on or after 10 January 2015 and are applicable in all 28 EU Member States. The Regulations determine the jurisdiction of commencement of litigation in Courts...




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Progress towards recast Regulations to strengthen rail passengers' rights

On 2 December 2019, the European Council agreed to update Regulation 1371/2007 (the “Regulation”) on rail passengers’ rights and obligations. The proposed amendments to the Regulation aim to strengthen the rights of passengers wher...




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Saudi- Weather Forecast For Saturday

(MENAFN - Saudi Press Agency) Riyadh, May 9, 2020, SPA -- The General Authority of Meteorology and Environment Protection forecasted the weather for t... ......




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Health and safety 2020 forecast

HSE’s Business plan With major structural changes to the UK economy expected post Brexit, now is a time for the Health and Safety Executive (HSE) to reflect on its business plan and the associated implications.  The HSE will be keen to de...




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Nintendo falls on dour forecast despite strong Switch sales

Game-maker sold 21 million of the console units in the year ended March, beating its own estimate and expectations of roughly 20 million.




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Coastal catastrophe looms larger as sea level forecasts creep upwards

Sea level rise estimates are moving upwards. There could be at least a 1.3 metre rise by 2100, which would spell disaster for coastal communities




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UPDATE 2-IMF's Georgieva downbeat on global economic forecast, warns against protectionism

The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic.




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'Animal Crossing' helps Nintendo smash Switch sales forecast

Japan's Nintendo said Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horizons shifting 13.4 million units in its first six weeks. Ciara Lee reports




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Gilgit to Guwahati: Why Doordarshan’s new weather forecast will up temperatures in Pakistan

New Delhi, May 08: From Gilgit to Guwahati, Doordarshan and All India Radio have started forecasting the weather from across the territory of India. These Weather reports cover every small detail from every nook and corner of the country while highlighting





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Japan's Sharp halves full-year profit forecast as virus hits tech demand

Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak.




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UK weather forecast: Britain to see mix of sunshine and April showers over Easter Bank Holiday weekend

Temperatures in parts of Britain are likely to soar to 24C over the Easter Bank Holiday weekend, but the sunshine could be interrupted by some April showers.




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UK weather forecast: Flooding fears as downpours and thunderstorms sweep in after glorious Easter sunshine in lockdown

Brits are set to be lashed by heavy downpours and thunderstorms prompting fears over flooding as the unseasonal hot spell over Easter Bank Holiday comes to an abrupt end.




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UK weather forecast: Temperatures nosedive on Easter Monday as Brits thanked for staying home during coronavirus lockdown

Follow our live coronavirus updates HERE Coronavirus: the symptoms




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UK weather forecast: More sunshine on the way as mercury to hit highs of 23C later this week

Britain is set to enjoy yet more sunshine as the mercury soars to highs of 23C in some areas later this week.




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UK weather forecast: Britain to be hotter than Lanzarote this week as temperatures soar to highs of 24C

Sweltering temperatures are expected to hit the UK this week as the hottest April in almost a decade continues.




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UK weather forecast: Britain could be hotter than Ibiza with mercury set to hit 24C amid coronavirus lockdown

Temperatures will soar this week with the UK set to be hotter than Ibiza amid the coronavirus lockdown.




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UK weather forecast: Temperatures to hit 24C as 'remarkably' warm and dry April continues

Temperatures in the UK could reach are set to reach up to 24C over the next couple days as a "remarkably" warm and dry April continues, the Met Office has said.




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UK weather forecast: Britain set to sizzle in 24C heat before temperatures drop this weekend

Britons are set to enjoy another day of sunshine and soaring temperatures before the mercury begins to drop at the weekend, with cloudy skies bringing a chance of rain for some.




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UK weather forecast: End to sunshine and warm weather as UK enters sixth week of lockdown

Britain is saying goodbye to weeks of warm weather with temperatures set to tumble for the sixth week of lockdown.




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UK weather forecast: Month's worth of rain to fall in 24 hours as weeks of sunshine come to an end

Britain's chances of recording the driest April on record have been brought to an end as a month's worth of rain is set to fall over the next 24 hours.




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UK weather forecast: Thundery showers and 40mph winds to mark wet and wild end to April

Thundery showers are set to move in over almost the entire UK over the final days of April, bringing the nation's near record-breaking dry spell to an end.




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UK weather forecast: Wet and windy conditions to last all week as temperatures plunge

Britain's weather woes are set to continue with wet and windy conditions expected to last all week.




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UK weather forecast: Downpours lash Britain in bleak first week to May bringing flood alerts and plummeting temperatures




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UK weather forecast: Britain braced for wet weekend and plunging temperatures with eight flood alerts in force

Rain will batter all four corners of the country for periods on both Saturday and Sunday and temperatures will plummet following the sunniest ever April.




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Hilarious moment golden retriever sabotages weather forecaster's live broadcast

US audiences were treated to an impromptu ray of sunshine when an adorable golden retriever interrupted a live weather forecast.




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UK weather forecast: Britain braced for wet weekend before temperatures soar for May Bank Holiday

The UK is braced for a wet weekend with sunny spells as temperatures drop ahead of the May Bank Holiday.




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UK weather forecast: Powerful 60mph winds spark warning as downpours hit southern regions

Powerful winds and heavy rain continue to batter the UK with gales of up to 60mph sweeping across the southwest, sparking a weather warning.




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UK weather forecast: Sizzling 25C heat to arrive just in time for Bank Holiday weekend

Britons will enjoy another mini heatwave as temperatures soar to an unseasonably high 25C just in time for the Bank Holiday weekend.




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EU forecasts recession of 'historic proportions' with worst economic shock since the Great Depression due to Covid-19

Europeans will see the worst economic shock since the Great Depression due to coronavirus, the European Union predicted.




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UK weather forecast: Brits set for 26C heat over Bank Holiday weekend

Brits are set to bask in two days of glorious sunshine over the May Bank Holiday weekend, with temperatures creeping up to 26C.




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UK weather forecast: Brits set to bask in glorious sunshine as temperatures soar to scorching 26C

The UK is set to bask in glorious sunshine on Saturday with temperatures forecast to hit 26C (78.8F).




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UK weather forecast: Stay at home warning as temperatures set to soar to 26C

Britain is set for another day of sunshine, with temperatures expected to soar to 26C before cooler weather tomorrow.