Title :
Implementation and performance analysis of very short term load forecaster based on the electronic dispatch project in ISO New England
Author :
Chen, Quan ; Milligan, Jim ; Germain, Edward H. ; Raub, Robert ; Shamsollahi, Payman ; Cheung, Kwok W.
Author_Institution :
ISO New England Inc., Holyoke, MA, USA
Abstract :
With deregulation in the electric power industry, an accurate very short-term load forecasting (VSTLF) function is increasingly important and becomes an integral component of the real-time (spot) market. VSTLF, dealing with the forecast horizon of one to several minutes ahead, is a relatively new division of the load forecasting which is of special importance in resource dispatch function and correction of area control error (ACE). This paper reports upon the implementation and performance analysis of very short term load forecast (VSTLF) in the electronic dispatch project in ISO New England
Keywords :
electricity supply industry; energy management systems; load dispatching; load forecasting; neural nets; power system analysis computing; ISO New England; area control error correction; electric power industry deregulation; electronic dispatch project; energy management system; neural networks; performance analysis; real-time spot market; resource dispatch function; very short term load forecaster; Artificial neural networks; Consumer electronics; Costs; Demand forecasting; Economic forecasting; Electricity supply industry; Error correction; Load forecasting; Maintenance; Performance analysis;
Conference_Titel :
Power Engineering, 2001. LESCOPE '01. 2001 Large Engineering Systems Conference on
Conference_Location :
Halifax, NS
Print_ISBN :
0-7803-7107-0
DOI :
10.1109/LESCPE.2001.941634
