Forecasting next day’s electricity demand in units!
December 28, 2020
AP deploys ‘day-ahead’ model using artificial intelligence and machine learning technologies
APTransco has deployed a day-ahead electricity forecasting model system that uses Artificial Intelligence and Machine Learning technologies.
Developed by AP State Load Dispatch Centre, this solution can forecast next day’s electricity demand in units, including day-ahead electricity demand (in MW) on every 15-minute basis. This enables the transmission network to take the right decisions on electricity demand and supply, management of grid and minimising power purchase cost.
According to a statement from AP Energy Conservation Mission, Google, with the support of World Bank, has offered to further work on the forecasting model with AP State Load Dispatch Centre (SLDC).