Evaluation of electrical load growth rate in a wholesale electricity market

Author

Salawu, R.I. ; Okafor, F.N. ; Adetona, S.O.

Author_Institution

Dept. of Electr. & Electron. Eng., Univ. of Lagos, Lagos, Nigeria

fYear

2009

fDate

14-16 Jan. 2009

Firstpage

182

Lastpage

186

Abstract

This paper presents an electricity growth rate (eLGr) model for a given wholesale electricity market (WEM) over a period of time. It combines the existing growth models with other statistical and analytical test tools to develop the proposed model; which is then tested in Matlab environment and performed excellently well. The accuracy of the results obtained from it, compare very well with those obtained elsewhere. Furthermore, the proposed model is faster and specifies the appropriate function required.

Keywords

load (electric); power markets; Matlab; WEM; analytical test tools; eLGr; electrical load evaluation; electricity growth rate; statistical test tools; wholesale electricity market; Consumer electronics; Electricity supply industry; Energy consumption; Investments; MATLAB; Mathematical model; Performance analysis; Performance evaluation; Rivers; Testing; Electricity Load Growth Rate (eLGr) and Wholesale Electricity Market (WEM); Embedded MATLAB function blocks;

fLanguage

English

Publisher

ieee

Conference_Titel

Adaptive Science & Technology, 2009. ICAST 2009. 2nd International Conference on

Conference_Location

Accra

ISSN

0855-8906

Print_ISBN

978-1-4244-3522-7

Electronic_ISBN

0855-8906

Type

conf

DOI

10.1109/ICASTECH.2009.5409728

Filename

5409728