GO6 - Load Forecast
Grid Operation Short Term Load Forecast Better Start With PART-1 Preface: There are some industries that produce intermediates only. Their product is not for consumers but it is input to other industries producing final product for consumers. In the chemical sector, some industry produce intermediates that is input for other industries like pharmaceutical, colors, detergents, cosmetics, etc. Similarly various industries produce different machine parts that are used in industries producing machines for consumers. The objective of this write up is similar. It was observed that many academic and field experts have developed efficient models for Short Term Load Forecasting using different logics and techniques. But when applied to field data, in many cases, the results were not as accurate and consistence as expected. Reason may be discrepancy in data itself and result was GIGO. Here I have some useful information in the matter as a practicing engineer havin...