Intelligent hybrid load forecasting system for an electric power company

Abstract

The paper presents a system for day-ahead load forecasting as originally proposed to a regional electric power company. The company provided funding for developing most parts of this software. The system is based on a hybrid approach to intelligent systems design combining a fuzzy heuristic approach based on the knowledge of human experts in load forecasting with a data-driven neural network-based component. To make the system truly useful, considerable emphasis was placed on the user interface including a highly developed explanation module.