NDLI: Neural network based approaches to very short term load prediction

Content Provider	IEEE Xplore Digital Library
Author	Chen, D. York, M.
Copyright Year	2008
Description	Author affiliation: Siemens Power Transm. & Distrib. Inc., Minnetonka, MN (Chen, D.; York, M.)
Abstract	In the environment of ongoing deregulated power industry, traditional automatic generation control (AGC) has become a set of ancillary services traded in separate markets other than the energy market. The performance of AGC is mandated to meet the NERC control performance standards (CPS). The CPS criteria are intended for the over-compliant power utilities to loosen control of their generating units. On the other hand, excess regulating capabilities can be sold for better financial well being. Generation companies have to optimize the portfolio of their generating assets to achieve maximum profitability. The optimization process involves economic allocation of generation over a period of time, which requires the load profile to be predicted for the dispatch period of minute level. This paper addresses the importance of very short term load prediction (VSTLP) in this context, and proposes three new schemes to make load predictions. The VSTLP is developed and implemented as part of Siemenspsila CPS based automatic generation control (AGC) product. Procedures involved in the proposed approaches are presented. Comparison between different approaches is made. Experimental studies are presented to demonstrate the effectiveness of the proposed approaches.
Starting Page	1
Ending Page	8
File Size	418111
Page Count	8
File Format	PDF
ISBN	9781424419050
ISSN	19325517
DOI	10.1109/PES.2008.4596611
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-07-20
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Artificial neural networks Load modeling Load forecasting Predictive models Power system dynamics Accuracy Biological system modeling Dynamic Economic Dispatch Very Short Term Load Prediction (VSTLP) Neural Network (NN) Load Dynamics Automatic Generation Control Control Performance Standard (CPS)
Content Type	Text
Resource Type	Article

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