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Load Forecasting: Methods & Techniques

Dr. Chandrasekhar Reddy AtlaLoad Forecasting: Methods & TechniquesAbout PRDCP ower System Studies, a Time-horizon PerspectivePower System Planning1 year 10 years1 week 1 yearMaintenance schedulingUnit CommitmentEconomic dispatch & OPFA utomatic Generation ControlPower System DynamicsPower System TransientsMinutes 1 weekMilliseconds -secondsNanoseconds micro secondsPower system OperationHTLoad ForecastGeneration PlanningNetwork PlanningPower System PlanningState planning & energy policyEnergy PlanningLoad forecastingGeneration planningNetwork planningStructure of power system planning The term forecast refers to projected load requirements.

Prediction of future energy demand requires an intuitive and wise judgment The ability to forecast the long-term demand for electricity is a fundamental prerequisite for the development of a secure and economic power system. The demand forecast is used as a basis for system development, and for determining tariffs for the future.

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