compHistory/forecasting.html at master · maxComp/compHistory · GitHub

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<b>Load Forecasting</b>

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Accurate models for electric power load forecasting are essential to the
operation and planning of a utility company. Load forecasting helps an
electric utility to make important decisions including decisions on purchasing and generating electric power, load switching, and infrastructure
development. <br><br>Load forecasts are extremely important for energy suppliers,
ISOs, financial institutions, and other participants in electric energy
generation, transmission, distribution, and markets.


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