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Data analysis and short term load forecasting in Iran electricity market using singular spectral analysis (SSA)

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  • Afshar, K.
  • Bigdeli, N.

Abstract

In this paper, the data analysis and short term load forecasting (STLF) in Iran electricity market has been considered. The proposed method is an improved singular spectral analysis (SSA) method. SSA decomposes a time series into its principal components i.e. its trend and oscillation components, which are then used for time series forecasting, effectively. The employed data are the total load time series of Iran electricity market in its real size and is long enough to make it possible to take properties such as non-stationary and annual periodicity of the market into account. Simulation results show that the proposed method has a good ability in characterizing and prediction of the desired load time series in comparison with some other related methods.

Suggested Citation

  • Afshar, K. & Bigdeli, N., 2011. "Data analysis and short term load forecasting in Iran electricity market using singular spectral analysis (SSA)," Energy, Elsevier, vol. 36(5), pages 2620-2627.
    • Handle: RePEc:eee:energy:v:36:y:2011:i:5:p:2620-2627
    DOI: 10.1016/j.energy.2011.02.003
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    References listed on IDEAS

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