Analysis and forecast on mid-long term electricity market of Shandong province

Author

Wang Chunyi ; Mu Hong ; Xue Wanlei ; Zhao Xin ; Zhu Hainan

Author_Institution

Shandong Electr. Power Corp., Jinan, China

fYear

2014

fDate

23-26 Sept. 2014

Firstpage

801

Lastpage

805

Abstract

The present situation of the economic development, power demand and load characteristics of Shandong province was analyzed in this paper. The economic development was forecasted with the consideration of domestic and foreign macroeconomic situation. The total electricity consumption of Shandong province was predicted by electricity intensity, sub-industry forecast, sub-region prediction, regression model and trend extrapolation method. Then, the forecast results were approved The recommend total electricity consumption of the whole society in 2015 and 2020 was provided. The predicted results can provide a reliable basis for Shandong power grid planning and project plan. Moreover, improve the quality and efficiency of Shandong smart grid development.

Keywords

extrapolation; load forecasting; macroeconomics; power consumption; power markets; smart power grids; Shandong power grid planning; Shandong province; Shandong smart grid development; domestic macroeconomic situation; economic development forecasting; electricity consumption; electricity intensity; foreign macroeconomic situation; load characteristics; mid-long term electricity market; power demand; regression model; sub-industry forecast; sub-region prediction; trend extrapolation method; Abstracts; Analytical models; Economic indicators; Elasticity; Electricity; Reliability; Silicon compounds; electricity market; forecast; mid-long term; power system;

fLanguage

English

Publisher

ieee

Conference_Titel

Electricity Distribution (CICED), 2014 China International Conference on

Conference_Location

Shenzhen

Type

conf

DOI

10.1109/CICED.2014.6991820

Filename

6991820