• Title/Summary/Keyword: Electricity demand forecasting

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Characteristics of Electric-Power Use in Residential Building by Family Composition and Their Income Level (거주자 구성유형 및 소득수준에 따른 주거용 건물 내 전력소비성향)

  • Seo, Hyun-Cheol;Hong, Won-Hwa;Nam, Gyeong-Mok
    • Journal of the Korean housing association
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    • v.23 no.6
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    • pp.31-38
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    • 2012
  • In this paper, we draws tendency of the electricity consumption in residential buildings according to inhabitants Composition types and the level of incomes. it is necessary to reduce energy cost and keep energy security through the electricity demand forecasting and management technology. Progressive social change such as increases of single household, the aging of society, increases in the income level will replace the existing residential electricity demand pattern. However, Only with conventional methods that using only the energy consumption per-unit area are based on Energy final consumption data can not respond to those social and environmental change. To develop electricity demand estimation model that can cope flexibly to changes in the social and environmental, In this paper researches propensity of electricity consumption according to the type of residents configuration, the level of income. First, we typed form of inhabitants in residential that existed in Korea. after that we calculated hourly electricity consumption for each type through National Time-Use Survey performed at the National Statistical Office with considering overlapping behavior. Household appliances and retention standards according to income level is also considered.

Performance Analysis of Electricity Demand Forecasting by Detail Level of Building Energy Models Based on the Measured Submetering Electricity Data (서브미터링 전력데이터 기반 건물에너지모델의 입력수준별 전력수요 예측 성능분석)

  • Shin, Sang-Yong;Seo, Dong-Hyun
    • Journal of Korean Institute of Architectural Sustainable Environment and Building Systems
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    • v.12 no.6
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    • pp.627-640
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    • 2018
  • Submetering electricity consumption data enables more detail input of end use components, such as lighting, plug, HVAC, and occupancy in building energy modeling. However, such an modeling efforts and results are rarely tried and published in terms of the estimation accuracy of electricity demand. In this research, actual submetering data obtained from a university building is analyzed and provided for building energy modeling practice. As alternative modeling cases, conventional modeling method (Case-1), using reference schedule per building usage, and main metering data based modeling method (Case-2) are established. Detail efforts are added to derive prototypical schedules from the metered data by introducing variability index. The simulation results revealed that Case-1 showed the largest error as we can expect. And Case-2 showed comparative error relative to Case-3 in terms of total electricity estimation. But Case-2 showed about two times larger error in CV (RMSE) in lighting energy demand due to lack of End Use consumption information.

Estimation of residential electricity demand function using cross-section data (횡단면 자료를 이용한 주택용 전력의 수요함수 추정)

  • Lim, Seul-Ye;Lim, Kyoung-Min;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.22 no.1
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    • pp.1-7
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    • 2013
  • This paper attempts to estimate the residential electricity demand function, using survey data of 521 households in Korea. As the residential electricity demand function provides us information on the pattern of consumer's electricity consumption, it can be usefully utilized in predicting the impact of policy variables such as electricity price and forecasting electricity demands. We apply least absolute deviation(LAD) estimation as a robust approach to estimating parameters. The results showed that price and income elasticities are -0.68 and 0.14 respectively, and statistically significant at the 10% levels. The price and income elasticities portray that residential electricity is price- and income-inelastic. This implies that the residential electricity is indispensable goods to human-being's life, thus the residential electricity demand would not be promptly adjusted to responding to price and/or income change.

hydraulic-power generation of electricity plan of multi-Purpose dam in electric Power system (전력계통에서의 다목적댐 수력발전계획)

  • Kim, Seung-Hyo;Ko, Young-Hoan;Hwang, In-Kwang
    • Proceedings of the KIEE Conference
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    • 1999.07c
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    • pp.1248-1252
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    • 1999
  • To provide electricity power of good quality, it is essential to establish generation of electricity plan in electric power system based on accurate power-demand prediction and cope with changes of power-need fluctuating constantly. The role of hydraulic-power generation of electricity in electric power system is of importance because responding to electric power-demand counts or reservoir-type hydraulic-power generation of electricity which is designed for additional load in electric power system. So hydraulic-power generation of electricity must have fast start reserve. But the amount of water, resources of reservoir-type hydraulic-power generation of electricity is restricted and multi-used, so the scheduling of management by exact forecasting the amount of water is critical. That is why efficient hydraulic-power generation of electricity makes a main role on pumping up the utility of energy and water resource. This thesis introduced the example of optimal generation of electricity plan establishment which is used in managing reservoir-type hydraulic-power generation of electricity.

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Nonlinear impact of temperature change on electricity demand: estimation and prediction using partial linear model (기온변화가 전력수요에 미치는 비선형적 영향: 부분선형모형을 이용한 추정과 예측)

  • Park, Jiwon;Seo, Byeongseon
    • The Korean Journal of Applied Statistics
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    • v.32 no.5
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    • pp.703-720
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    • 2019
  • The influence of temperature on electricity demand is increasing due to extreme weather and climate change, and the climate impacts involves nonlinearity, asymmetry and complexity. Considering changes in government energy policy and the development of the fourth industrial revolution, it is important to assess the climate effect more accurately for stable management of electricity supply and demand. This study aims to analyze the effect of temperature change on electricity demand using the partial linear model. The main results obtained using the time-unit high frequency data for meteorological variables and electricity consumption are as follows. Estimation results show that the relationship between temperature change and electricity demand involves complexity, nonlinearity and asymmetry, which reflects the nonlinear effect of extreme weather. The prediction accuracy of in-sample and out-of-sample electricity forecasting using the partial linear model evidences better predictive accuracy than the conventional model based on the heating and cooling degree days. Diebold-Mariano test confirms significance of the predictive accuracy of the partial linear model.

A Study on the Uncertainty of Additional Generating Capacity in Long Term Electricity Plan (전력수급기본계획에서 발전소 준공 불확실성에 대한 고찰)

  • Kim, C.S.;Rhee, C.H.
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.843-845
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    • 2005
  • The uncertainty of long term electricity plan consists of the uncertainty of demand forecast and additional generating capacity. Demand forecast is clearly improved the accuracy than the past through improving forecasting methods. However, the uncertainty of additional generating capacity is increased due to the change of market environment. In an operation by a sole utility, additional generating capacity would be possible by the regulation of government. Currently the generation companies have spined off from KEPCO and some IPPs participate the electricity market. It increases the uncertainty due to weakened regulation. Also the environment movement by NGOs and occurrence of civil affairs cause the increase of uncertainty. This research would analyze the current situation on the uncertainty of additional generating capacity and construction delays. Furthermore this research would present the plan to reflecting it in long term electricity plan.

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The Study on the Human Resource Forecasting Model Development for Electric Power Industry (전력산업 인력수급 예측모형 개발 연구)

  • Lee, Yong-Suk;Lee, Geun-Joon;Kwak, Sang-Man
    • Korean System Dynamics Review
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    • v.7 no.1
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    • pp.67-90
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    • 2006
  • A series of system dynamics model was developed for forecasting demand and supply of human resource in the electricity industry. To forecast demand of human resource in the electric power industry, BLS (Bureau of Labor Statistics) methodology was used. To forecast supply of human resource in the electric power industry, forecasting on the population of our country and the number of students in the department of electrical engineering were performed. After performing computer simulation with developed system dynamics model, it is discovered that the shortage of human resource in the electric power industry will be 3,000 persons per year from 2006 to 2015, and more than a double of current budget is required to overcome this shortage of human resource.

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Electricity Demand Forecasting for Daily Peak Load with Seasonality and Temperature Effects (계절성과 온도를 고려한 일별 최대 전력 수요 예측 연구)

  • Jung, Sang-Wook;Kim, Sahm
    • The Korean Journal of Applied Statistics
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    • v.27 no.5
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    • pp.843-853
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    • 2014
  • Accurate electricity demand forecasting for daily peak load is essential for management and planning at electrical facilities. In this paper, we rst, introduce the several time series models that forecast daily peak load and compare the forecasting performance of the models based on Mean Absolute Percentage Error(MAPE). The results show that the Reg-AR-GARCH model outperforms other competing models that consider Cooling Degree Day(CDD) and Heating Degree Day(HDD) as well as seasonal components.

The Development of an Aggregate Power Resource Configuration Model Based on the Renewable Energy Generation Forecasting System (재생에너지 발전량 예측제도 기반 집합전력자원 구성모델 개발)

  • Eunkyung Kang;Ha-Ryeom Jang;Seonuk Yang;Sung-Byung Yang
    • Journal of Intelligence and Information Systems
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    • v.29 no.4
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    • pp.229-256
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    • 2023
  • The increase in telecommuting and household electricity demand due to the pandemic has led to significant changes in electricity demand patterns. This has led to difficulties in identifying KEPCO's PPA (power purchase agreements) and residential solar power generation and has added to the challenges of electricity demand forecasting and grid operation for power exchanges. Unlike other energy resources, electricity is difficult to store, so it is essential to maintain a balance between energy production and consumption. A shortage or overproduction of electricity can cause significant instability in the energy system, so it is necessary to manage the supply and demand of electricity effectively. Especially in the Fourth Industrial Revolution, the importance of data has increased, and problems such as large-scale fires and power outages can have a severe impact. Therefore, in the field of electricity, it is crucial to accurately predict the amount of power generation, such as renewable energy, along with the exact demand for electricity, for proper power generation management, which helps to reduce unnecessary power production and efficiently utilize energy resources. In this study, we reviewed the renewable energy generation forecasting system, its objectives, and practical applications to construct optimal aggregated power resources using data from 169 power plants provided by the Ministry of Trade, Industry, and Energy, developed an aggregation algorithm considering the settlement of the forecasting system, and applied it to the analytical logic to synthesize and interpret the results. This study developed an optimal aggregation algorithm and derived an aggregation configuration (Result_Number 546) that reached 80.66% of the maximum settlement amount and identified plants that increase the settlement amount (B1783, B1729, N6002, S5044, B1782, N6006) and plants that decrease the settlement amount (S5034, S5023, S5031) when aggregating plants. This study is significant as the first study to develop an optimal aggregation algorithm using aggregated power resources as a research unit, and we expect that the results of this study can be used to improve the stability of the power system and efficiently utilize energy resources.

Development of Demand Forecasting Model for Seoul Shared Bicycle (서울시 공유자전거의 수요 예측 모델 개발)

  • Lim, Heejong;Chung, Kwanghun
    • The Journal of the Korea Contents Association
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    • v.19 no.1
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    • pp.132-140
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    • 2019
  • Recently, many cities around the world introduced and operated shared bicycle system to reduce the traffic and air pollution. Seoul also provides shared bicycle service called as "Ddareungi" since 2015. As the use of shared bicycle increases, the demand for bicycle in each station is also increasing. In addition to the restriction on budget, however, there are managerial issues due to the different demands of each station. Currently, while bicycle rebalancing is used to resolve the huge imbalance of demands among many stations, forecasting uncertain demand at the future is more important problem in practice. In this paper, we develop forecasting model for demand for Seoul shared bicycle using statistical time series analysis and apply our model to the real data. In particular, we apply Holt-Winters method which was used to forecast electricity demand, and perform sensitivity analysis on the parameters that affect on real demand forecasting.