• Title/Summary/Keyword: Electric reserve margin

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Forecasting daily peak load by time series model with temperature and special days effect (기온과 특수일 효과를 고려하여 시계열 모형을 활용한 일별 최대 전력 수요 예측 연구)

  • Lee, Jin Young;Kim, Sahm
    • The Korean Journal of Applied Statistics
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    • v.32 no.1
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    • pp.161-171
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    • 2019
  • Varied methods have been researched continuously because the past as the daily maximum electricity demand expectation has been a crucial task in the nation's electrical supply and demand. Forecasting the daily peak electricity demand accurately can prepare the daily operating program about the generating unit, and contribute the reduction of the consumption of the unnecessary energy source through efficient operating facilities. This method also has the advantage that can prepare anticipatively in the reserve margin reduced problem due to the power consumption superabundant by heating and air conditioning that can estimate the daily peak load. This paper researched a model that can forecast the next day's daily peak load when considering the influence of temperature and weekday, weekend, and holidays in the Seasonal ARIMA, TBATS, Seasonal Reg-ARIMA, and NNETAR model. The results of the forecasting performance test on the model of this paper for a Seasonal Reg-ARIMA model and NNETAR model that can consider the day of the week, and temperature showed better forecasting performance than a model that cannot consider these factors. The forecasting performance of the NNETAR model that utilized the artificial neural network was most outstanding.