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Short Term Load Forecasting You need mission-critical information for your utility enterprise. With PRISM Short Term Load Forecasting (STLF) from Advanced Control Systems, you can plan: Energy purchases and sales Power generation unit start-up and shut-down Load management Network expansions Manpower needs PRISM STLF utilizes historical load and weather data to forecast the system load automatically every hour, for a 168-hour (7-day) rolling forecast. You can also request a 15-day forecast at any time. Using both a weather-adaptive and a similar-day forecast methodology, PRISM STLF gives you the most accurate prediction. Each of these factors is weight-adjustable, so the predictive formula can be based entirely on either weather-adaptive or similar-day forecasting. An Exponential Smoothing Regression (ESR) model, as well as an Auto-regressive Integrated Moving Average (ARIMA) model is used for forecasting. Multiple copies of PRISM STLF can be installed in a system, allowing users in multiple load areas to execute independent programs, each supported by its own database and each forecasting load for a different area. It is highly customizable. After the initial model is built, incoming real-time load, temperature, wind speed and humidity data is automatically adjusted and allows the operator to continually monitor system accuracy and make adjustments as necessary. Product overview in pdf format
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