Abstract

Electricity load forecasts can be generated from minutes and hours in advance to years and decades, which consist of short-term load forecasting (STLF), mid-term load forecasting (MTLF), and long-term load forecasting (LTLF). STLF, which is the main topic of this chapter, consists of hourly prediction of the load for a time ranging from one hour to several days. In this chapter, at first, historical weather and load data have been classified, which consists of modeling the data for each class by intervention analysis based on statistical methods and knowledge about electrical demand curves, then a proper tool for load forecasting has been chosen. Also, a real case study based on a modern method has been simulated and discussed.

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