ARMA versus AR in Short Term Load Forecast
Short-term load forecasting plays an important role in planning and operation of power system. The accuracy of this forecasted value is necessary for economically efficient operation and also for effective control. This paper describes a comparison of autoregressive moving average (ARMA) and aut...
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| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://eprints.utp.edu.my/6152/1/peoco-2041-final.pdf http://eprints.utp.edu.my/6152/ |
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| Institution: | Universiti Teknologi Petronas |
| Summary: | Short-term load forecasting plays an important role in
planning and operation of power system. The accuracy of this
forecasted value is necessary for economically efficient operation
and also for effective control. This paper describes a comparison
of autoregressive moving average (ARMA) and autoregressive
(AR) Burg’s and modified covariance (MCOV) methods in
solving one week ahead of short term load forecast. The methods
are tested based from historical load data of New South Wales,
Australia. The accuracy of discussed methods are obtained and
reported. |
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