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- Publisher
- Springer International Publishing
- Copyright
- © The Editor(s) (if applicable) and The Author(s) 2020. This book is an open access publication.
- ISBN
- 978-3-030-28668-2
- Pages
- 1 –14
- DOI
- 10.1007/978-3-030-28669-9_1
- Publisher site
- See Chapter on Publisher Site
Abstract
[Electricity demand or load forecasts inform both industrial and governmental decision making processes, from energy trading and electricity pricing to demand response and infrastructure maintenance. Electric load forecasts allowDistribution system operators Distribution System Operators (DSOs) and policy makers to prepare for the short and long term future. For informed decisions to be made, particularly within industries that are highly regulated such as electricity trading, the factors influencing electricity demand need to be understood well. This is only becoming more urgent, as low carbon technologies (LCT) become more prevalent and consumers start to generate electricity for themselves, trade with peers and interact with DSOs.]
Published: Sep 26, 2019