Title :
Approach to power requirement by the Grey-Markov forecasting model
Author :
Chen Yonjun ; Chen Yimin ; He Yong ; Min, Huang
Author_Institution :
Zhejiang Jinhua Electr. Power Bur., Jinhua, China
Abstract :
Builds a GM(1,1) grey forecasting model to find out the fluctuating trend of the historical data series, then builds a Markov transition matrix to find out the transition probability, finally combining these two models to forecast the power requirement accurately by the historical time series data.
Keywords :
Markov processes; demand forecasting; grey systems; load forecasting; power grids; time series; GM(1,1) grey forecasting model; Grey-Markov forecasting model; Markov transition matrix; historical time series data; power requirement; transition probability; Equations; Helium; Power grids; Power system modeling; Power systems; Predictive models; Probability; Power grid; demand; electric power; forecasting;
Conference_Titel :
Electricity Distribution, 2008. CICED 2008. China International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-4244-3373-5
Electronic_ISBN :
978-1-4244-3372-8
DOI :
10.1109/CICED.2008.5211758
