Load forecasting method based on SVR under electricity market reform

Abstract

Many factors affect the predicted value of power load to varying degrees. The introduction of market mechanisms in power market reform has brought more uncertainty to power load forecasting. The load forecast under the new situation of electricity market reform needs to consider the impact of the market on power load forecasting. The paper improves the SVR algorithm and proposes a mid-long-term load forecasting method under electricity market reform. The simulation shows that the power load will develop rapidly under the new situation of electricity market reform.