Five most used load forecasting models

This document discusses five models traditionally used for electrical load predictions: 1. The Scheer formula, a long-term forecasting model that predicts annual generation growth. 2. The Belgium formula, another long-term model that extrapolates energy consumption trends. 3. Chen's additive model, which separates load into normal, weather, event, and random components. 4. A multiplicative model that multiplies a base load by correction factors like weather and growth. 5. Feinberg's mid-term model, which uses regression to model load as daily-hourly patterns and weather impacts. The document also outlines short-term forecasting methods like similar-day, regression, time series, neural