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http://dx.doi.org/10.5762/KAIS.2015.16.12.8576

Regional Long-term/Mid-term Load Forecasting using SARIMA in South Korea  

Ahn, Byung-Hoon (Department of Industrial and Management Engineering, Korea University)
Choi, Hoe-Ryeon (Department of Industrial and Management Engineering, Korea University)
Lee, Hong-Chul (Department of Industrial and Management Engineering, Korea University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.16, no.12, 2015 , pp. 8576-8584 More about this Journal
Abstract
Load forecasting is needed to make supply and demand plan for a stable supply of electricity. It is also necessary for optimal operational plan of the power system planning. In particular, in order to ensure stable power supply, long-term load forecasting is important. And regional load forecasting is important for tightening supply stability. Regional load forecasting is known to be an essential process for the optimal state composition and maintenance of the electric power system network including transmission lines and substations to meet the load required for the area. Therefore, in this paper we propose a forecasting method using SARIMA during the 12 months (long-term/mid-term) load forecasting by 16 regions of the South Korea.
Keywords
Load forecasting; Long-term/Mid-term forecasting; Regional; SARIMA; Time series;
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Times Cited By KSCI : 3  (Citation Analysis)
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