1973
DOI: 10.1109/tpas.1973.293576
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Experience with Weather Sensitive Load Models for Short and Long-Term Forecasting

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Cited by 31 publications
(6 citation statements)
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“…The method has low input requirements for the load forecasting model, which only considers the time series input of historical data and does not consider other multi-faceted influencing factors that affect the load. The literature [18] provides a load peak model that takes external factors into account such as weather and humidity. Based on the Box-Jenkins method, Hagan et al [19] proposed an autoregressive moving average model (ARMA) model prediction method, and Juberias et al [20] established the autoregressive integral moving average model (ARIMA) model to achieve load forecasting.…”
Section: Literature Studymentioning
confidence: 99%
“…The method has low input requirements for the load forecasting model, which only considers the time series input of historical data and does not consider other multi-faceted influencing factors that affect the load. The literature [18] provides a load peak model that takes external factors into account such as weather and humidity. Based on the Box-Jenkins method, Hagan et al [19] proposed an autoregressive moving average model (ARMA) model prediction method, and Juberias et al [20] established the autoregressive integral moving average model (ARIMA) model to achieve load forecasting.…”
Section: Literature Studymentioning
confidence: 99%
“…On the basis of information in the literature (Corpening et al, 1973) and several inquiries, we estimate that the use of such weather sensitive electricity load models can result in a reduction in the standard short-term forecast error for some utilities of 0.5-3.0%, depending on the present accuracy of a utility's short-term load model and on the characteristics of its load (e.g., whether it has a large amount of industrial base load). If a 0.5% improvement in forecast error due to improved meteorological services were directly translatable into a 0.5% reduction in excess electricity generation, this would result in conservation of 0.1% of the national energy consumption.…”
Section: ) Potential Energy Savingsmentioning
confidence: 99%
“…Depending on the period of the forecast done, load forecasting can be classified into three different types [8].…”
Section: Introductionmentioning
confidence: 99%