2014 IEEE International Conference on Smart Grid Communications (SmartGridComm) 2014
DOI: 10.1109/smartgridcomm.2014.7007711
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The comparison of medium-term energy demand forecasting methods for the need of microgrid management

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Cited by 5 publications
(2 citation statements)
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“…Existing studies have shown that consumption prediction accuracy is high when consumption values of individual customers are aggregated together [6], [10], [11]. This is attributed to the law of large numbers such that larger the number of customers in an aggregated group, the lower the prediction error for the group [12]. Predictions for aggregated groups make it impossible to discover curtailment potential of individual customers, which is necessary for wider adoption of D 2 R. Models that work well for large commercial customers with smaller consumption variability over time, could be less efficient for small residential customers, whose consumption pattern fluctuates significantly.…”
Section: Introductionmentioning
confidence: 99%
“…Existing studies have shown that consumption prediction accuracy is high when consumption values of individual customers are aggregated together [6], [10], [11]. This is attributed to the law of large numbers such that larger the number of customers in an aggregated group, the lower the prediction error for the group [12]. Predictions for aggregated groups make it impossible to discover curtailment potential of individual customers, which is necessary for wider adoption of D 2 R. Models that work well for large commercial customers with smaller consumption variability over time, could be less efficient for small residential customers, whose consumption pattern fluctuates significantly.…”
Section: Introductionmentioning
confidence: 99%
“…Although weather forecast parameters have a significant influence on the predictive models, especially outdoor temperature [19][20][21], they have an ancillary treatment in the literature [22] and we can find only a few articles where the effect of weather forecast uncertainty is analyzed and quantified: Henze et al [23] analyze the effect of the uncertainty using different weather prediction models on the performance of a predictive control concept. The conclusion is that it takes elementary short-term prediction models to realize almost all of the theoretical potential of the predictive optimal control technique.…”
mentioning
confidence: 99%