Author : Mr. Sandeep Tiwari 1
Date of Publication :19th July 2017
Abstract: The Short –term load forecast is Very Much Impotent for providing better cost effective risk management plans; A lot of researchers and academicians are engaged in the activity of developing tools and algorithms for load and price forecasting. This paper provides a highly accurate and efficient load forecasting tools based on time series analysis: smoothing techniques model. Results and discussions from real-world case studies based on the electricity markets of Maharashtra Electricity Board are presented which will help predict the short-term demand.
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