ARMA versus AR in Short Term Load Forecast

Short-term load forecasting plays an important role in planning and operation of power system. The accuracy of this forecasted value is necessary for economically efficient operation and also for effective control. This paper describes a comparison of autoregressive moving average (ARMA) and aut...

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Bibliographic Details
Main Authors: Baharudin , Z., Kamel , Nidal
Format: Conference or Workshop Item
Published: 2008
Subjects:
Online Access:http://eprints.utp.edu.my/6152/1/peoco-2041-final.pdf
http://eprints.utp.edu.my/6152/
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Summary:Short-term load forecasting plays an important role in planning and operation of power system. The accuracy of this forecasted value is necessary for economically efficient operation and also for effective control. This paper describes a comparison of autoregressive moving average (ARMA) and autoregressive (AR) Burg’s and modified covariance (MCOV) methods in solving one week ahead of short term load forecast. The methods are tested based from historical load data of New South Wales, Australia. The accuracy of discussed methods are obtained and reported.