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The teachers/practitioners corner comparative analysis of load forecasting techniques at a southern utility
Author(s) -
Huss William R.
Publication year - 1985
Publication title -
journal of forecasting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.543
H-Index - 59
eISSN - 1099-131X
pISSN - 0277-6693
DOI - 10.1002/for.3980040113
Subject(s) - exponential smoothing , computer science , electricity , directive , electric utility , electricity demand , term (time) , process (computing) , operations research , prime (order theory) , demand forecasting , smoothing , econometrics , electricity generation , economics , engineering , mathematics , power (physics) , physics , quantum mechanics , combinatorics , electrical engineering , computer vision , programming language , operating system
The prime directive of any regulated electric utility is to provide adequate and reliable electricity supplies to the consuming public at reasonable cost. This requires the continual addition of new generating plants which is based on a long term forecast of energy and peak demand. This study documents the forecasting process used at a southern utility and compares the accuracy of their models to that produced using Holt's exponential smoothing and generalized adoptive filtering.