An Overview of Electrical Load Classification and Prediction Methods

Abstract

For decades, the topic of load prediction has existed, and various approaches have been followed to achieve adequate results. Most of these techniques are based on a traditional or contemporary method. This article describes a compacted background of scientific work by engineers and compares traditional and new methods with the short-term electrical load prediction. Here, six various ways of predicting loads and their short outline are discussed. Every technique gets its own methodology; all the positive and negative aspects are covered, and the benefits and drawbacks listed. Suggestions for future research and observations are made.KeywordsLoad predictionClassical techniquesTraditional methodLiterature review