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Incorporating weather uncertainty in demand forecasts for electricity market planning

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

Abstract

A major component of electricity network planning is to ensure supply capability into the future, through generation and transmission development. Accurate forecasts of maximum demand are a crucial component of this process, with future weather conditions having a large impact on forecast accuracy. This article presents an improved methodology for the consideration of weather uncertainty in electricity demand forecasts. Case studies based on the Australian national electricity market are used to validate the proposed methodology. © 2012 Taylor & Francis.
Original languageEnglish
Pages (from-to)1336-1346
JournalInternational Journal of Systems Science
Volume43
Issue number7
DOIs
Publication statusPublished - 1 Jul 2012
Externally publishedYes

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

Research Keywords

  • electricity markets
  • load forecasting
  • power generation planning
  • power transmission planning

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