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This document discusses load forecasting in the power industry. It defines load forecasting as predicting the power needed to balance supply and demand. Load forecasting can be classified as short-term (hours to a week), medium-term (weeks to a year), or long-term (over a year). For medium and long-term forecasting, end use and econometric approaches are commonly used. For short-term forecasting, regression models, time series analysis, neural networks, statistical learning algorithms, and fuzzy logic are o

Author

venkatajagadeeshy

Language

EN