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Electricity consumption has always been one of the critical economic issues in Wenzhou. This paper presents a combination method of grey prediction models and multivariate statistical techniques to forecast the trend of electrical energy consumption in Wenzhou. Hierarchical cluster analysis and discriminant analysis grouped 18 sampling years into three clusters, i.e., relatively less electrical energy...
Economically efficient generation scheduling requires accurate forecasting of load. In this paper, we propose a short term load forecasting program for Reliance Energy Limited (REL) in Mumbai region. The method is based on a similar day approach. The development of forecast engine involves 4-steps. The first step involves discussion with domain experts (utility engineers) to extract and learn the...
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