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1992 (EN)
A double horizon peak demand forecast model (EN)

Assimakopoulos, V (EN)
Psarras, J (EN)

N/A (EN)

System peak demand forecasting is of considerable interest to electric utility companies and a wide range of models have already been developed. This paper focuses on analysing the behaviour of monthly peak demand in Greece for the period January 1970-December 1988 and produces a rather simple forecasting model that captures the identified features of the data pattern. The special elements of the proposed model are the merging of yearly and monthly horizons and the combined use of econometric and time-series techniques. An out of sample comparison for 1989 proves the efficiency of the model for peak demand short-term forecasting. © 1992. (EN)


Greece (EN)
demand forecasting (EN)
double horizon model (EN)
electricity generation (EN)
forecast model (EN)
Peak demand (EN)
simulation model (EN)
utility industry (EN)
Short-term forecasting (EN)
Time-series features (EN)
peak demand (EN)

Εθνικό Μετσόβιο Πολυτεχνείο (EL)
National Technical University of Athens (EN)

Energy Economics (EN)



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