• Title/Summary/Keyword: Forecasting system

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Monitoring and forecasting system development using Standard Time (표준시간을 이용한 관리/예측 시스템 개발에 관한 연구)

  • 신인화;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.61
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    • pp.147-154
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    • 2000
  • There is purpose of this research in development of monitoring/forecasting system. For monitoring/forecasting system development, we need modelling of suitable development step and need to basis data. So in this Paper, wish to develop modeling and necessary business program until begin in target company's basis data survey and construct Database and software development for monitoring/forecasting.

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DEVELOPMENT OF A REAL-TIME FLOOD FORECASTING SYSTEM BY HYDRAULIC FLOOD ROUTING

  • Lee, Joo-Heon;Lee, Do-Hun;Jeong, Sang-Man;Lee, Eun-Tae
    • Water Engineering Research
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    • v.2 no.2
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    • pp.113-121
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    • 2001
  • The objective of this study is to develop a prediction mode for a flood forecasting system in the downstream of the Nakdong river basin. Ranging from the gauging station at Jindong to the Nakdong estuary barrage, the hydraulic flood routing model(DWOPER) based on the Saint Venant equation was calibrated by comparing the calculated river stage with the observed river stages using four different flood events recorded. The upstream boundary condition was specified by the measured river stage data at Jindong station and the downstream boundary condition was given according to the tide level data observed at he Nakdong estuary barrage. The lateral inflow from tributaries were estimated by the rainfall-runoff model. In the calibration process, the optimum roughness coefficients for proper functions of channel reach and discharge were determined by minimizing the sum of the differences between the observed and the computed stage. In addition, the forecasting lead time on the basis of each gauging station was determined by a numerical simulation technique. Also, we suggested a model structure for a real-time flood forecasting system and tested it on the basis of past flood events. The testing results of the developed system showed close agreement between the forecasted and observed stages. Therefore, it is expected that the flood forecasting system we developed can improve the accuracy of flood forecasting on the Nakdong river.

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Economic Comparison of Wind Power Curtailment and ESS Operation for Mitigating Wind Power Forecasting Error (풍력발전 출력 예측오차 완화를 위한 출력제한운전과 ESS운전의 경제성 비교)

  • Wi, Young-Min;Jo, Hyung-Chul;Lee, Jaehee
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.2
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    • pp.158-164
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    • 2018
  • Wind power forecast is critical for efficient power system operation. However, wind power has high forecasting errors due to uncertainty caused by the climate change. These forecasting errors can have an adverse impact on the power system operation. In order to mitigate the issues caused by the wind power forecasting error, wind power curtailment and energy storage system (ESS) can be introduced in the power system. These methods can affect the economics of wind power resources. Therefore, it is necessary to evaluate the economics of the methods for mitigating the wind power forecasting error. This paper attempts to analyze the economics of wind power curtailment and ESS operation for mitigating wind power forecasting error. Numerical simulation results are presented to show the economic impact of wind power curtailment and ESS operation.

An Improved Algorithm of the Daily Peak Load Forecasting fair the Holidays (특수일의 최대 전력수요예측 알고리즘 개선)

  • Song, Gyeong-Bin;Gu, Bon-Seok;Baek, Yeong-Sik
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.51 no.3
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    • pp.109-117
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    • 2002
  • High accuracy of the load forecasting for power systems improves the security of the power system and generation cost. However, the forecasting problem is difficult to handle due to the nonlinear and the random-like behavior of system loads as well as weather conditions and variation of economical environments. So far. many studies on the problem have been made to improve the prediction accuracy using deterministic, stochastic, knowledge based and artificial neural net(ANN) method. In the conventional load forecasting method, the load forecasting maximum error occurred for the holidays on Saturday and Monday. In order to reduce the load forecasting error of the daily peak load for the holidays on Saturday and Monday, fuzzy concept and linear regression theory have been adopted into the load forecasting problem. The proposed algorithm shows its good accuracy that the average percentage errors are 2.11% in 1996 and 2.84% in 1997.

The System Marginal Price Forecasting in the Power Market Using a Fuzzy Regression Method (퍼지 회귀분석법을 이용한 경쟁 전력시장에서의 현물가격 예측)

  • 송경빈
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.17 no.6
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    • pp.54-59
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    • 2003
  • This paper presents hourly system marginal price forecasting of the Korea electric power system using a fuzzy linear regression analysis method. The proposed method is tested by forecasting hourly system marginal price for a week of spring in 2002. The percent average of forecasting error for the proposed method is from 3.14% to 6.10% in the weekdays, from 7.04% to 8.22% in the weekends, and comparable with a artificial neural networks method.

A Study on Long-Term Spatial Load Forecasting Using Trending Method (추세분석법에 의한 영역의 장기 수요예측)

  • Hwang Kab-Ju;Choi Soo-Keon
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.11
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    • pp.604-609
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    • 2004
  • This paper suggests a long-term distribution area load forecasting algorithm which offers basic data for distribution planning of power system. To build forecasting model, 4-level hierarchical spatial structure is introduced: System, Region, Area, and Substation. And, each spatial load can be decided proportional to its portion in the higher level. This paper introduces the horizon year loads to improve the forecasting results. And, this paper also introduces an effective load transfer algorithm to improve forecasting stability in case of new or stopped substations. The proposed model is applied to the load forecasting of KEPCO system composed of 16 regions, 85 areas and 761 substations, and the results are compared with those of econometrics model to verify its validity.

Forecasting Multi-Generation Diffusion Demand based on System Dynamics : A Case for Forecasting Mobile Subscription Demand (시스템다이내믹스 기반의 다세대 확산 수요 예측 : 이동통신 가입자 수요 예측 적용사례)

  • Song, Hee Seok;kim, Jae Kyung
    • Journal of Information Technology Applications and Management
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    • v.24 no.2
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    • pp.81-96
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    • 2017
  • Forecasting long-term mobile service demand is inevitable to establish an effective frequency management policy despite the lack of reliability of forecast results. The statistical forecasting method has limitations in analyzing how the forecasting result changes when the scenario for various drivers such as consumer usage pattern or market structure for mobile communication service is changed. In this study, we propose a dynamic model of the mobile communication service market using system dynamics technique and forecast the future demand for long-term mobile communication subscriber based on the dynamic model, and also experiment on the change pattern of subscriber demand under various scenarios.

Development of System Marginal Price Forecasting Method Using ARIMA Model (ARIMA 모형을 이용한 계통한계가격 예측방법론 개발)

  • Kim Dae-Yong;Lee Chan-Joo;Jeong Yun-Won;Park Jong-Bae;Shin Joong-Rin
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.55 no.2
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    • pp.85-93
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    • 2006
  • Since the SMP(System Marginal Price) is a vital factor to the market participants who intend to maximize the their profit and to the ISO(Independent System Operator) who wish to operate the electricity market in a stable sense, the short-term marginal price forecasting should be performed correctly. In an electricity market the short-term market price affects considerably the short-term trading between the market entities. Therefore, the exact forecasting of SMP can influence on the profit of market participants. This paper presents a new methodology for a day-ahead SMP forecasting using ARIMA(Autoregressive Integrated Moving Average) model based on the time-series method. And also the correction algorithm is proposed to minimize the forecasting error in order to improve the efficiency and accuracy of the SMP forecasting. To show the efficiency and effectiveness of the proposed method, the case studies are performed using historical data of SMP in 2004 published by KPX(Korea Power Exchange).

Web-Based Forecasting System for Flood Runoff with Neural Network (신경회로망을 이용한 Web기반 홍수유출 예측시스템)

  • Hang, Dong-Guk;Jun, Kye-Won
    • Journal of the Korean Institute of Intelligent Systems
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    • v.15 no.4
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    • pp.437-442
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    • 2005
  • The forecasting of flood runoff in the river is essential for flood control. The purpose of this study is to test a development of system for flood runoff forecasting using neural network model. For the flood events the tested rainfall and runoff data were the input to the input layer and the flood runoff data were used in the output layer To choose the forecasting model which would make up of runoff forecasting system properly, real-time runoff in the river when flood periods were forecasted by using the neural network model and the state-space model. A comparison of the results obtained by the two forecasting models indicated the superiority and reliability of the neural network model over the state-space model. The neural network model was modified to work in the Web and developed to be the basic model of the forecasting system for the flood runoff.

Optimal Coefficient Selection of Exponential Smoothing Model in Short Term Load Forecasting on Weekdays (평일 단기전력수요 예측을 위한 최적의 지수평활화 모델 계수 선정)

  • Song, Kyung-Bin;Kwon, Oh-Sung;Park, Jeong-Do
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.2
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    • pp.149-154
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    • 2013
  • Short term load forecasting for electric power demand is essential for stable power system operation and efficient power market operation. High accuracy of the short term load forecasting can keep the power system more stable and save the power market operation cost. We propose an optimal coefficient selection method for exponential smoothing model in short term load forecasting on weekdays. In order to find the optimal coefficient of exponential smoothing model, load forecasting errors are minimized for actual electric load demand data of last three years. The proposed method are verified by case studies for last three years from 2009 to 2011. The results of case studies show that the average percentage errors of the proposed load forecasting method are improved comparing with errors of the previous methods.