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Define load forecast

Short answer

Load forecast estimates future peak power and energy demand for a period and area, classified by horizon from very short-term to long-term. It considers population, economy, past trends, price, weather and policy, using methods like trend, econometric, end-use, time series. It is the first input for integrated system planning.

Define load forecast (on the basis of integrated system planning approach).

Load forecast is the estimate of the future electrical demand of a system, in terms of peak power (MW) and energy (MWh/GWh), for a given time period and area. It is the first and most basic input of integrated system planning.

Types by time horizon

TypeHorizonUse
Very short-termMinutes–1 hourReal-time control, AGC
Short-term1 hour–1 weekUnit commitment, dispatch, reserve
Medium-term1 month–1 yearMaintenance, fuel, hydro scheduling
Long-term1–25 yearsGeneration, transmission, distribution expansion

Factors considered

Population and economic growth, past consumption trend, electricity price, weather, new connections (industries, EVs, cooking), and government policy.

Methods

Trend extrapolation, econometric (regression), end-use method, time series, and intelligent methods (ANN, fuzzy logic).

Role in integrated planning

It decides how much generation, transmission and distribution capacity is needed and when. Forecasts are made in high, base and low scenarios to handle load uncertainty. Example: NEA's load forecast is used to decide the timing of new hydro projects and 400 kV lines.

✓ Answer checked by Claude Opus 5.5 (high effort)

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