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Wind Speed for Load Forecasting Models

by 1 and 2,3,*
Forecasting R&D, SAS Institute Inc., Cary, NC 27513, USA
Systems Engineering and Engineering Management Department, University of North Carolina at Charlotte, Charlotte, NC 28223, USA
School of Management Science and Engineering, Dongbei University of Finance and Economics, Dalian 116023, China
Author to whom correspondence should be addressed.
Academic Editor: João P. S. Catalão
Sustainability 2017, 9(5), 795;
Received: 25 April 2017 / Revised: 7 May 2017 / Accepted: 8 May 2017 / Published: 10 May 2017
(This article belongs to the Special Issue Wind Energy, Load and Price Forecasting towards Sustainability)
Temperature and its variants, such as polynomials and lags, have been the most frequently-used weather variables in load forecasting models. Some of the well-known secondary driving factors of electricity demand include wind speed and cloud cover. Due to the increasing penetration of distributed energy resources, the net load is more and more affected by these non-temperature weather factors. This paper fills a gap and need in the load forecasting literature by presenting a formal study on the role of wind variables in load forecasting models. We propose a systematic approach to include wind variables in a regression analysis framework. In addition to the Wind Chill Index (WCI), which is a predefined function of wind speed and temperature, we also investigate other combinations of wind speed and temperature variables. The case study is conducted for the eight load zones and the total load of ISO New England. The proposed models with the recommended wind speed variables outperform Tao’s Vanilla Benchmark model and three recency effect models on four forecast horizons, namely, day-ahead, week-ahead, month-ahead, and year-ahead. They also outperform two WCI-based models for most cases. View Full-Text
Keywords: load forecasting; wind chill index; wind speed load forecasting; wind chill index; wind speed
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MDPI and ACS Style

Xie, J.; Hong, T. Wind Speed for Load Forecasting Models. Sustainability 2017, 9, 795.

AMA Style

Xie J, Hong T. Wind Speed for Load Forecasting Models. Sustainability. 2017; 9(5):795.

Chicago/Turabian Style

Xie, Jingrui, and Tao Hong. 2017. "Wind Speed for Load Forecasting Models" Sustainability 9, no. 5: 795.

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