Abstract

In a power system covering a large geographical area, a single model for load forecasting of the entire area sometimes cannot guarantee satisfactory forecasting accuracy. One of the major reasons is because of the load diversity, usually caused by weather diversity, throughout the area. Multiregion load forecasting will be a feasible and effective solution to generate more accurate forecasting results, as well as provide regional forecasts for the utilities. However, a major challenge is how to optimally partition/merge the areas according to the regional load and weather conditions. This paper investigates the electricity demand and weather data from an electric utility in Midwest, U.S. Based on the data analysis, we demonstrate the existence of weather and load diversity within its control area and then develop a short-term multiregion load forecasting system based on support vector regression for day-ahead operation and market. The proposed multiregion forecasting system can find the optimal region partition under diverse weather and load conditions and finally achieve more accurate forecasts for aggregated system load. The proposed forecasting system has been tested by using the real data from the system. The numerical results obtained for different region partition schemes validate the effectiveness of the proposed multiregion forecasting system. The detailed discussions on the forecasting results have also been given in this paper.

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