• Atmosphere
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• v.17 no.2
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• pp.207-216
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• 2007

The Moving-nest Typhoon Model (MTM) was installed on the Korea Meteorological Administration (KMA)'s CRAY X1E in 2006 and started its test operation in August 2006 to provide track and intensity forecasts of tropical cyclones. In this study, feasibility of the MTM forecast is compared with the Global Data Assimilation and Prediction System (GDAPS) of the KMA and the operational typhoon forecast models in the Japan Meteorological Agency (JMA), from the sixth tropical cyclone to the twentieth in 2006. Forecast skills in terms of the storm position error of the two KMA models were comparable, but MTM showed a slightly better ability. While both GDAPS and MTM produced larger errors than JMA models in track forecast, the predicted intensity was much improved by MTM, making it comparable to the JMA's typhoon forecast model. It is believed that the Geophysical Fluid Dynamics Laboratory (GFDL) bogus initialization method in MTM improves the ability to forecast typhoon intensity.

• Atmosphere
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• v.22 no.3
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• pp.287-298
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• 2012

The predictability of heavy precipitation over the Korean Peninsula is studied using THORPEX Interactive Grand Global Ensemble (TIGGE) data. The performance of the six ensemble models is compared through the inconsistency (or jumpiness) and Root Mean Square Error (RMSE) for MSLP, T850 and H500. Grand Ensemble (GE) of the three best ensemble models (ECMWF, UKMO and CMA) with equal weight and without bias correction is consisted. The jumpiness calculated in this study indicates that the GE is more consistent than each single ensemble model. Brier Score (BS) of precipitation also shows that the GE outperforms. The GE is used for a case study of a heavy rainfall event in Korean Peninsula on 9 July 2009. The probability forecast of precipitation using 90 members of the GE and the percentage of 90 members exceeding 90 percentile in climatological Probability Density Function (PDF) of observed precipitation are calculated. As the GE is excellent in possibility of potential detection of heavy rainfall, GE is more skillful than the single ensemble model and can lead to a heavy rainfall warning in medium-range. If the performance of each single ensemble model is also improved, GE can provide better performance.

• Atmosphere
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• v.34 no.2
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• pp.177-185
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• 2024

As increasing global interest in renewable energy due to the ongoing climate crisis, there is a growing need for efficient technologies to manage such resources. This study focuses on the predictive skill of daily solar power generation using weather observation and forecast data. Meteorological data from the Korea Meteorological Administration and solar power generation data from the Korea Power Exchange were utilized for the period from January 2017 to May 2023, considering both inland (Daejeon) and coastal (Busan) regions. Temperature, wind speed, relative humidity, and precipitation were selected as relevant meteorological variables for solar power prediction. All data was preprocessed by removing their systematic components to use only their residuals and the residual of solar data were further processed with weighted adjustments for homoscedasticity. Four models, MLR (Multiple Linear Regression), RF (Random Forest), DNN (Deep Neural Network), and RNN (Recurrent Neural Network), were employed for solar power prediction and their performances were evaluated based on predicted values utilizing observed meteorological data (used as a reference), 1-day-ahead forecast data (referred to as fore1), and 2-day-ahead forecast data (fore2). DNN-based prediction model exhibits superior performance in both regions, with RNN performing the least effectively. However, MLR and RF demonstrate competitive performance comparable to DNN. The disparities in the performance of the four different models are less pronounced than anticipated, underscoring the pivotal role of fitting models using residuals. This emphasizes that the utilized preprocessing approach, specifically leveraging residuals, is poised to play a crucial role in the future of solar power generation forecasting.

• Atmosphere
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• v.30 no.1
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• pp.17-30
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• 2020

KMA performed the special observation program to provide information about severe weather and to monitor typhoon PRAPIROON using the ship which called the Gisang 1 from 29 June 2018 to 4 July 2018 (UTC). For this period, upper-air was observed 21 times with 6 hour intervals using rawinsonde in the Gisang 1. We investigated the impact of upper-air observation data from the Gisang 1 on the performance of the operational convective scale model (we called LDAPS). We conducted two experiments that used all observation data including upper-air observation data from the Gisang 1 (OPER) and without it (EXPR). For a typhoon PRAPIROON case, track forecast error of OPER was lower than EXPR until forecast 24 hours. The intensity forecast error of OPER for minimum sea level pressure was lower than EXPR until forecast 12 hours. The intensity forecast error of OPER for maximum wind speed was mostly lower than EXPR until forecast 30 hours. OPER showed good performance for typhoon forecast compared with EXPR at the early lead time. Two precipitation cases occurred in the south of the Korean peninsula due to the impact of Changma on 1 July and typhoon on 3 July. The location of main precipitation band predicted from OPER was closer to observations. As assimilating upper-air data observed in the Gisang 1 to model, it showed positive results in typhoon and precipitation cases.

• Journal of Electrical Engineering and Technology
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• v.8 no.3
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• pp.559-564
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• 2013

In this paper a new hybrid forecast method composed of wavelet transform and neural network is proposed to forecast the wind speed more accurately. In the field of wind energy research, accurate forecast of wind speed is a challenging task. This will influence the power system scheduling and the dynamic control of wind turbine. The wind data used here is measured at 15 minute time intervals. The performance is evaluated based on the metrics, namely, mean square error, mean absolute error, sum squared error of the proposed model and compared with the back propagation model. Simulation studies are carried out and it is reported that the proposed model outperforms the compared model based on the metrics used and conclusions were drawn appropriately.

• Korean Management Science Review
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• v.26 no.1
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• pp.77-91
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• 2009

It is the most important sucess factor for the electricity generation industry to minimize operations cost of surplus electricity generation through accurate demand forecasts. Temperature forecast is a significant input variable, because power demand is mainly linked to the air temperature. This study estimates the information value of the temperature forecast by analyzing the relationship between electricity load and daily air temperature in Korea. Firstly, several characteristics was analyzed by using a population-weighted temperature index, which was transformed from the daily data of the maximum, minimum and mean temperature for the year of 2005 to 2007. A neural network-based load forecaster was derived on the basis of the temperature index. The neural network then was used to evaluate the performance of load forecasts for various types of temperature forecasts (i.e., persistence forecast and perfect forecast) as well as the actual forecast provided by KMA(Korea Meteorological Administration). Finally, the result of the sensitivity analysis indicates that a $0.1^{\circ}C$ improvement in forecast accuracy is worth about $11 million per year.

• The Korean Journal of Applied Statistics
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• v.35 no.5
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• pp.645-655
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• 2022

In this paper, we investigate automatic functions for time series forecasting in R system and compare their performances. For the exponential smoothing models and ARIMA (autoregressive integrated moving average) models, we focus on the representative time series forecasting functions in R: forecast::ets(), forecast::auto.arima(), smooth::es() and smooth::auto.ssarima(). In order to compare their forecast performances, we use M3-Competiti on data consisting of 3,003 time series and adopt 3 accuracy measures. It is confirmed that each of the four automatic forecasting functions has strengths and weaknesses in the flexibility and convenience for time series modeling, forecasting accuracy, and execution time.

• The Korean Journal of Financial Management
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• v.20 no.1
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• pp.93-124
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• 2003

This paper studies the financial analyst's forecasting activities on the firm's operating performance during the period from 1999 to 2003. In this study, financial analyst's forecasting activities are focused on the sales, operating income and net income and financial analyst's forecasting accuracy, forecasting revising patterns and forecasting activities to the unexpected firm's operating performance are studied. Some empirical findings in this study are as follows. First, standard estimate error on the sales, operating income and net income are all significantly negative value and so financial analyst's forecast on the firm's operating performance are upwardly biased. Second, domestic financial analyst's forecasting activities is relatively more accuracy than foreign financial analyst's forecasting activities. Third, forecasting time is more close to the end of the operating performance announcement day, forecasting activities are more accuracy. Fourth, comparing with individual financial analyst's forecast, consensus forecast is more accuracy. Fifth, in the comparative forecasting activities study according to the prior firm's operating performance, financial analyst's forecasting revision activities are found to be upward or downward. Sixth, financial analysts overreact in the sales forecast and underreact in the operating income and net income forecast. Seventh, in the empirical analysis on the Easterwood-Nutt's test model(1999) which the firm's performance change are divided into the expected performance change and the unexpected performance change, it is found that financial analyst's forecasting activities on the firm's operating performance are systematically optimistic.

• Atmosphere
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• v.26 no.1
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• pp.59-72
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• 2016

The comparison of prediction errors in geopotential height, temperature, and precipitation forecasts is made quantitatively to evaluate medium-range forecast skills between Global Seasonal Forecasting System version 5 (GloSea5) and Unified Model (UM) in operation by Korea Meteorological Administration during 2014. In addition, the performances in prediction of sea surface temperature anomaly in NINO3.4 region, Madden and Julian Oscillation (MJO) index, and tropical storms in western north Pacific are evaluated. The result of evaluations appears that the forecast skill of UM with lower values of root-mean square error is generally superior to GloSea5 during forecast periods (0 to 12 days). The forecast error tends to increase rapidly in GloSea5 during the first half of the forecast period, and then it shows down so that the skill difference between UM and GloSea5 becomes negligible as the forecast time increases. Precipitation forecast of GloSea5 is not as bad as expected and the skill is comparable to that of UM during 10-day forecasts. Especially, in predictions of sea surface temperature in NINO3.4 region, MJO index, and tropical storms in western Pacific, GloSea5 shows similar or better performance than UM. Throughout comparison of forecast skills for main meteorological elements and weather extremes during medium-range, the effects of initial and model errors in atmosphere-ocean coupled model are verified and it is suggested that GloSea5 is useful system for not only seasonal forecasts but also short- and medium-range forecasts.

• Journal of the Korea Convergence Society
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• v.11 no.11
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• pp.257-267
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• 2020

In this study, we predicted the employment ratio by the export industry using various machine learning methods and verified whether the prediction performance is improved by applying the constrained forecast combination method to these predicted values. In particular, the constrained forecast combination method is known to improve the prediction accuracy and stability by imposing the sum of predicted values' weights up to one. In addition, this study considered various variables affecting the employment ratio of each industry, and so we adopted recursive feature elimination method that allows efficient use of machine learning methods. As a result, the constrained forecast combination showed more accurate prediction performance than the predicted values of the machine learning methods, and in particular, the stability of the prediction performance of the constrained forecast combination was higher than that of other machine learning methods.