SYSTEMS AND METHODS FOR FORECASTING ELECTRICAL LOAD
First Claim
1. A method comprising:
- determining, by a forecasting system associated with a power utility and comprising one or more computers, a baseline load forecast for a future time period;
determining, by the forecasting system, information associated with at least one of (i) a scheduled demand for the future time period or (ii) a planned outage associated with the future time period;
modifying, by the forecasting system based at least in part on the determined information, the baseline load forecast; and
generating, by the forecasting system based at least in part on the modified baseline load forecast, a bid contract for the future time period.
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Abstract
Systems and methods for forecasting electrical load are provided. A baseline load forecast for a future time period may be determined by a forecasting system associated with a power utility. As desired, the forecasting system may include one or more computers. Information associated with at least one of (i) a scheduled demand for the future time period or (ii) a planned outage associated with the future time period may be determined by the forecasting system. Based at least in part on the determined information, the forecasting system may modify the baseline load forecast. Based at least in part on the modified baseline load forecast, the forecasting system may generate a bid contract for the future time period.
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Citations
20 Claims
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1. A method comprising:
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determining, by a forecasting system associated with a power utility and comprising one or more computers, a baseline load forecast for a future time period; determining, by the forecasting system, information associated with at least one of (i) a scheduled demand for the future time period or (ii) a planned outage associated with the future time period; modifying, by the forecasting system based at least in part on the determined information, the baseline load forecast; and generating, by the forecasting system based at least in part on the modified baseline load forecast, a bid contract for the future time period. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system, comprising:
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at least one memory configured to store computer-executable instructions; and at least one processor configured to access the at least one memory and execute the computer-executable instructions to; determine, for a power utility, a baseline load forecast for a future time period; determine information associated with at least one of (i) a scheduled demand for the future time period or (ii) a planned outage associated with the future time period; modify, based at least in part on the determined information, the baseline load forecast; and generate, based at least in part on the modified baseline load forecast, a bid contract for the future time period. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification