Short-term Load Forecasting Based on Load Profiling

Load forecasting has gradually becoming a major field of research in electricity industry. Therefore, Load forecasting is extremely important for the electric sector under deregulated environment as it provides a useful support to the power system management. Accurate power load forecasting models a...

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Detalhes bibliográficos
Autor principal: Ramos, Sérgio (author)
Outros Autores: Soares, João (author), Vale, Zita (author), Ramos, Sandra (author)
Formato: conferenceObject
Idioma:eng
Publicado em: 2015
Assuntos:
Texto completo:http://hdl.handle.net/10400.22/5899
País:Portugal
Oai:oai:recipp.ipp.pt:10400.22/5899
Descrição
Resumo:Load forecasting has gradually becoming a major field of research in electricity industry. Therefore, Load forecasting is extremely important for the electric sector under deregulated environment as it provides a useful support to the power system management. Accurate power load forecasting models are required to the operation and planning of a utility company, and they have received increasing attention from researches of this field study. Many mathematical methods have been developed for load forecasting. This work aims to develop and implement a load forecasting method for short-term load forecasting (STLF), based on Holt-Winters exponential smoothing and an artificial neural network (ANN). One of the main contributions of this paper is the application of Holt-Winters exponential smoothing approach to the forecasting problem and, as an evaluation of the past forecasting work, data mining techniques are also applied to short-term Load forecasting. Both ANN and Holt-Winters exponential smoothing approaches are compared and evaluated.