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A Review of Long Term Electrical Load Forecasting Methods

S. HemaChandra, V. Harish, C. Ranjit Kumar, V. Nagarjuna

Abstract


Electrical load forecasting is always defined as basically the science and art of predicting the future load on a given system, for a particular period of time ahead. Load forecasting helps to present the first step in planning and developing future generation, transmission and distribution facilities. It involves the precise prediction of both the magnitudes and geographical locations of electric load over the diverse periods (over hours to years) of the planning horizon. Long term electric load forecasting is an important issue in effective and efficient planning. Overestimation of the future load may lead to spending more money in building new power stations to supply this load. Therefore an accurate method is which forecast loads is one which takes into account the factors that affect the growth of the load over a number of years. So, this review mainly focuses on the study of the long term electrical power load forecasting and the various methodologies involved in this predictions survey.

Keywords


Long Term Load Forecasting, Methodologies of Forecasting, Artificial Intelligence, Neuro Fuzzy Model.

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References


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