Electricity demand forecasts are needed for decisions regarding generation dispatch for lead times as short as just a few minutes. Imbalance between generation and demand causes deviation of the system frequency from its target, which in Great Britain is 50 Hz. This, in turn, causes a change in demand, due largely to motor loads. For Great Britain, the change is estimated to be 2.5% of demand per 1 Hz of frequency deviation from its target. This can be used to calculate the demand that would have occurred if frequency had been at 50 Hz. Modeling and forecasting the resulting frequency-corrected demand provides a better basis for dispatching generation. This paper evaluates methods for forecasting frequency-corrected demand up to 10 min ahead. We introduce an exponential smoothing model that, like the system operator's proposed Kalman filter approach, jointly models frequency and demand. We also evaluate a set of univariate methods applied directly to the series of frequency-corrected demand. These methods have not previously been considered for lead times less than 10 min. In our empirical analysis, the best results were produced by a seasonal exponential smoothing method applied directly to the series of frequency-corrected demand
To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.