The major concern for every electrical utility is the ability to provide reliable and uninterrupted service to their customers. Load forecasting is an important component for power system energy management system. Precise load forecasting helps the electric utility to make unit commitment decisions, reduce spinning reserve capacity and schedule device maintenance plan properly. Besides playing a key role in reducing the generation cost, it is also essential to the reliability of power systems. There are three types of load forecasts: short-term, medium-term and long-term. This book focuses on...
The major concern for every electrical utility is the ability to provide reliable and uninterrupted service to their customers. Load forecasting is an...