Introduction

This book is the result of our experience in the field of short-term forecasting using “high-resolution” data sets generated in the context of industrial and scientific applications. We illustrate the basic theory and practical utility of several up-to-date statistical methods, with particular emphasis on their functional data analysis aspect. The book should be useful beyond the electrical context because it discusses methods and models that extend to other applications, such as forecasting of seasonal phenomena, possibly influenced by external factors (e.g., call centers activity, public hot water supply, airport passenger traffic, etc.).