MEFM (version 2.2)

simulate_demand: Simulate the electricity demand for the next season

Description

Simulate the half-hourly/hourly, seasonal peak electricity demand for the next season

Usage

simulate_demand(sim, afcast, nyears = length(sim$hhfit)/seasondays/48, periods = 48)

Arguments

sim

The simulated half-hourly demand (normalized against seasonal average demand)

afcast

The demographic and economic forecasts for the next season

nyears

The length of years of simulation

periods

The periods within a day, choose between 48 (half-hourly data) and 24 (hourly data)

Value

demand

The forecasted half-hourly demand

annmax

The forecasted seasonal maximum demand

Details

Simulate/forecast the half-hourly/hourly, seasonal peak electricity demand for the next season by incorporating the seasonal demographic & economic forecasts (to be provided by the user)

References

R. J. Hyndman and S. Fan (2010) "Density Forecasting for Long-term Peak Electricity Demand", IEEE Trans. Power Systems, 25(2), 1142--1153.

See Also

demand_model, simulate_ddemand, MEFM-package for examples.