On the Holiday Effect of Electricity Demand
 
Duration: 1 hour
Abstract

Load forecasting plays an important role in the electric power industry. Similar to many other industries that need demand forecasts, forecasting the electricity demand of the special days, such as holidays and their surrounding days, has been a challenging problem. Since the holiday effect often varies from one region to another, a specific model developed for one utility may not be suitable for another. This presentation will introduce a regression-based approach to model the holiday effect of electricity demand, followed by the comparative studies of ten utility systems.

There are two versions for this talk:
"On the Holiday Effect of Electricity Demand", presented at SAS Analytics Conference 2011, Orlando, FL, download presentation slides (PDF)
"Electric Load Forecasting with Holiday Effect", presented at AEIC Load Research Workshop 2012, Orlando, FL. download presentation slides (PDF)