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Using smart meter data to improve the accuracy of intraday load forecasting considering customer behavior similarities

Abstract:

With the deployment of advanced metering infrastructure (AMI), an avalanche of new energy-use information became available. Better understanding of the actual power consumption patterns of customers is critical for improving load forecasting and efficient deployment of smart grid technologies to enhance operation, energy management, and planning of electric power systems. Unlike traditional aggregated system-level load forecasting, the AMI data introduces a fresh perspective to the way load forecasting is performed, ranging from very short-term load forecasting to long-term load forecasting at the system level, regional level, feeder level, or even down to the consumer level. This paper addresses the efforts involved in improving the system level intraday load forecasting by applying clustering to identify groups of customers with similar load consumption patterns from smart meters prior to performing load forecasting.