Review of the short-term load forecasting methods of electric power system

Abstract

The definition and meaning of short-term load forecasting are introduced.The characteristics and factors affecting the precision of short-term load forecasting of power system are discussed.The current forecasting methods are divided into classical methods,traditional methods,intelligent methods,and new load forecasting methods,the applicable principle of every method is analyzed comprehensively,and the advantages and disadvantages of every method are analyzed and compared in detail.Therefore,to improve the precision of short-term load forecasting,we should not only focus on the accumulation of historical data,but also pay more attention to select the righting forecasting model.Composite forecasting model is the direction of future development.