• DocumentCode
    2741454
  • Title

    Risk of the forecast of a power consumption

  • Author

    Dronova, Julia

  • Author_Institution
    Novosibirsk State Tech. Univ., Russia
  • Volume
    3
  • fYear
    2004
  • fDate
    26 June-3 July 2004
  • Firstpage
    205
  • Abstract
    Now as companies form strategies, the company managers give very big attention to risks to which the company can be subject in the future. In the power sector, risk has always played an important role, but now it is necessary for managers of the power companies to take into account well the economic risks. The activity of the manager in such situation should be directed on the protection of the company against all risks. However the technique for risk estimation has not been developed yet for industrial objects. In clause the description of a technique and results of its application for the estimation of risks of a power consumption forecast of real object is resulted.
  • Keywords
    load forecasting; power consumption; power markets; risk analysis; economic risks; power companies; power consumption forecast; power sector; risk estimation; Communication system control; Costs; Energy consumption; Evolution (biology); Finance; Investments; Portfolios; Predictive control; Predictive models; Risk management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Science and Technology, 2004. KORUS 2004. Proceedings. The 8th Russian-Korean International Symposium on
  • Print_ISBN
    0-7803-8383-4
  • Type

    conf

  • DOI
    10.1109/KORUS.2004.1555725
  • Filename
    1555725