This workflow performs out-of-sample forecasting of hourly energy consumption. It accesses a pretrained machine learning model that predicts the residual part of the time series using lagged values as predictors. The out-of-sample forecasts are generated in a loop so that forecasted values are used for predicting values further ahead in time. Finally, seasonality and trend are restored to the time series, and the forecasting accuracy is shown by comparing the actual and forecasted values via scoring metrics and a line plot.
To use this workflow in KNIME, download it from the below URL and open it in KNIME:
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