This document compares conventional and modern techniques for electrical load forecasting based on artificial intelligence and expert systems. It summarizes the key differences between short-term, medium-term, and long-term load forecasting and describes some common methods used, including regression analysis, time series analysis, artificial neural networks, expert systems, and fuzzy logic. The document advocates that modern soft computing techniques provide more accurate load forecasts than traditional analytical methods by better representing the complex, nonlinear relationships between load and influencing factors.