SARIMA-Based Medium- and Long-Term Load Forecasting

Abstract

The operation and planning of power systems depend heavily on M-LTLF, which is complicated and nonlinear, making it challenging for conventional medium- and long-term forecasting models to produce reliable results. The SARIMA model is chosen for M-LTLF in this study, and the model’s parameters are tuned. This study takes the electricity consumption data of the whole Yunnan as the research object. Among them, the electricity consumption data from 2008 to 2018 is used as a training sample for fitting and analysis, and the electricity consumption of the whole province is predicted from 2019 to 2020. The end results demonstrate the viability and efficacy of the SARIMA model for M-LTLF.