Title :
Analysis and forecast on mid-long term electricity market of Shandong province
Author :
Wang Chunyi ; Mu Hong ; Xue Wanlei ; Zhao Xin ; Zhu Hainan
Author_Institution :
Shandong Electr. Power Corp., Jinan, China
Abstract :
The present situation of the economic development, power demand and load characteristics of Shandong province was analyzed in this paper. The economic development was forecasted with the consideration of domestic and foreign macroeconomic situation. The total electricity consumption of Shandong province was predicted by electricity intensity, sub-industry forecast, sub-region prediction, regression model and trend extrapolation method. Then, the forecast results were approved The recommend total electricity consumption of the whole society in 2015 and 2020 was provided. The predicted results can provide a reliable basis for Shandong power grid planning and project plan. Moreover, improve the quality and efficiency of Shandong smart grid development.
Keywords :
extrapolation; load forecasting; macroeconomics; power consumption; power markets; smart power grids; Shandong power grid planning; Shandong province; Shandong smart grid development; domestic macroeconomic situation; economic development forecasting; electricity consumption; electricity intensity; foreign macroeconomic situation; load characteristics; mid-long term electricity market; power demand; regression model; sub-industry forecast; sub-region prediction; trend extrapolation method; Abstracts; Analytical models; Economic indicators; Elasticity; Electricity; Reliability; Silicon compounds; electricity market; forecast; mid-long term; power system;
Conference_Titel :
Electricity Distribution (CICED), 2014 China International Conference on
Conference_Location :
Shenzhen
DOI :
10.1109/CICED.2014.6991820
