Posts Tagged ‘load forecasting’

Electric load forecasting: advantages and challenges

October 13th, 2016 | Make a comment | Posted in Electrical distribution
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Hello everybody, I am Steven Mill and at times I publish articles on the blog to feed this great community! Today, let me tell you about electric load forecasting…

Load forecasting is the predicting of electrical power required to meet the short term, medium term or long term demand. The forecasting helps the utility companies in their operation and management of the supply to their customers.

Electrical load forecasting is an important process that can increase the efficiency and revenues for the electrical generating and distribution companies. It helps them to plan on their capacity and operations in order to reliably supply all consumers with the required energy.

electrical power demand

Factors that affect electrical power demand | image: energycentral.com

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