Load Forecasting: Introduction
Load Forecasting: Introduction
Load Forecasting: Introduction
of load Forecasting, Energy Forecasting, Reactive Load Forecasting, and Impact of weather and Factors affecting load Forecasting, Annual, Monthly and Total Forecasting.
LOAD FORECASTING
1. Introduction
industrialized country. Growth rate in generation drop off as leveling population growth and energy consumption per capita. Utility industry reaching in a no-growth state . Utility industry constantly scrutinizes the dynamic growth pattern. Determine the individual load characteristic. Plans expansion of power systemstarts with Forecasting
B. ENERGY FORECAST
To determine:a. Type of facilities required b. Future fuel requirement
DEFINITION
LOAD :-
Projected load requirements. (defines future loads- to permit important system expansion to be made)
FORECAST ACCURACY
Crucial to any Electric utility. Dictates :
Timing & Characteristics of Major System Additions. Too Low Forecast - Low Revenue (from sales to neighboring utilities or in load curtailment) Too High Forecast Severe Financial problems (due to excessive investment in the plant not fully utilized i.e. low capacity factor av. Energy supplied/max. Energy capability) Accurate Forecast depends on judgment of Forecaster. Impossible to rely strictly on analytical procedure to get accurate forecast.
2. CLASSIFICATION OF LOADS
Total Forecast:
Classification ( Broad):-
ENERGY USE
& Federal govt. for street and Highway lighting; Sales to Public authorities and to Railroads & Railways, Sales for resale, & Interdepartmental sales.
Subdivisions
Rural
Residential Customer
Urban Others
Classifications Overlap.
i.e, customers in the same class do not have characteristics unique to that class. i.e, Classifications are not mutually exclusive. Within the broad class subdivisions may be defined.
Rate schedule :
Geographic area
Residential
Most constant annual growth rate Most seasonal fluctuations
Commercial
Characterized by seasonal fluctuations a. Residential b. Commercial c. Industrial i.e. extensive use of air conditioning & space heating
Industrial
Base Loads No weather dependent variations
4.
Industrial
-Variations in load requirement
a.
Two Methods:i. Forecast Energy & Obtain Demand Forecast from it. ii. Forecast Peak Demand directly
b. By combining Forecasts of appropriate load components or from historical total load data. Combining Forecasts
Types of
customers , geographic areas Abnormal conditions in growth trends of individual component can be detected. Can prevent misleading forecast conclusions.
growth trends
Average weather
d.
FORECASTING METHODOLOGY
quantitatively defining future loads .
FORCASTING TECHNIQUES
THREE BROAD CLASSES
BASED ON:
1. EXTRAPOLATION . 2. CORELATION 3. COMBINATION OF BOTH
1. Using historical Data to determine what will happen in the future 2. Relate system loads to various demographic & economic factors
EXTRAPOLATION
the process of constructing new data points outside a
discrete set of known data points. similar to the process of interpolation, which constructs new points between known points. the results of extrapolations are often less meaningful, and are subject to greater uncertainty.
EXAMPLE
Extrapolation may also apply to human experience
to project, extend, or expand known experience into an area not known or previously experienced so as to arrive at a knowledge of the unknown
e.g. a driver extrapolates road conditions beyond his
FURTHER CLASSIFICATION
deterministic extrapolation - no attempt is made to account for
1. DETERMINISTIC
2. PROBABILISTIC OR STOCHASTIC
To quantify uncertainty of extrapolated results: Statistical entities: mean & variance Basic technique PROBABILISTIC EXTRAPOLATION
EXTRAPOLATION TECHNIQUE
Fitting Trend curves:
- to Basic Historical Data adjusted - to reflect the Growth Trend itself. To obtain the forecast: - Evaluate the Trend Curve Function - at the Desired Future Point
Example illustration of the extrapolation problem, consisting of assigning a meaningful value at the blue box, at x = 7, given the red data points.
To find coefficients & exponents of a forecast function: method of Least Squares-curve fitting technique.
UNCERTAINTY in a. historical data b. the analytical model chosen to describe the growth in load SOLUTION: To forecast the Trend obtain: the best estimate of the model describing the trend with Regression Analysis
Extrapolation methods
Choice :
which extrapolation method to apply relies on a prior knowledge of the process that created the existing data points.
Methods :
ENERGY FORECASTING
USING:
CORRELATION & EXTRAPOLATION TEMPERED WITH SOUND PROJECTIONS OF FUTURE CONDITIONS.
REQUIREMENT:
FORECAST OF RESIDENTIAL SALES = EACH FACTOR PER WEEK,MONTH etc. * EACH FACTOR.
a. simple curve fitting method b. regression analysis (methods a & b referred as POPULATION method) c. synthetic method ( requires a more detailed look at each customer) ( major factors: 1. saturation level of major appliances 2. average energy consumption per appliance 3. residential customers )
that cause the function to best fit a set of data observations that you provide. In linear regression, the function is a linear (straight-line) equation. Example: assume the value of an automobile decreases by a constant amount each year after its purchase, and for each mile it is driven the linear function that predict its value is value = price + depage*age + depmiles*miles
(the dependent variable on the left side of the equal sign) as a
function of the two independent variables which are age and miles:
..Example
a value of 16000 for price, -1000 for depage, and -0.15 for
depmiles, then the function value = 16000 - 1000*age - 0.15*miles estimate the value of a car with a known age and number of miles. "deviation'' or "residual:the difference between the actual value of the dependent variable and its predicted value for a particular observation (error of the estimate ) "least squares'' regression fit: determine the values of the parameters that minimize the sum of the squared residual values for the set of observations
plot of a linear function fitted to a set of data values. The actual data points are marked with ''x''. The red line between a point and the fitted line represents the residual for the observation.
- closely related to growth pattern of residential sales Methods: 1. Extrapolate ratio of commercial to residential sales & multiply by residential sales forecasts. 2. Extrapolate historical commercial sales.
- Tied very closely to the overall economy - Over selected period economy unpredictable
1. determine seasonal weather load model 2. separate weather-sensitive & non- weathersensitive components of weekly peak demand using weather load model 3. forecast mean & variance of non- weathersensitive component of demand
Steps to consider.
4. extrapolate weather load model & forecast mean & variance of weather-sensitive component 5. determine mean, variance & density function of total weekly forecast 6. calculate density function of monthly or annual forecast