Load Forecasting

Load Forecasting is a technology that predicts future loads in power systems by analyzing historical data, weather conditions, and economic factors, aiming to accurately forecast the trends in electricity demand. Its objective is to optimize the operation and planning of power systems, ensuring the reliability and cost-effectiveness of power supply while reducing energy waste and environmental pollution. In the electricity market, Load Forecasting has significant application value for supply and demand balance, dispatch decision-making, and risk management.