In: Electrical Engineering
How do I solve short term load forecasting using Multiple Linear Regression? Can anyone provide me a step by step guide and solution? (Please provide a sample data)
Electric load forecasting is becoming most important constraint due to severe load demand.
Short term forecast is used to establish hourly schedule for generation resources.
This forcasting can be done in two ways
1.peak load models- in this type daily load is monitors and in this type of load time is mainly not the constraint.
2.load shape models-these are monitored in specific interval of time which involves sampling after every hour.