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Hybrid Load Forecasting Workshop

29-Jan-2018

In June 2016, SB embarked on a project to enhance its long-term load forecasting methodology. This project was initiated by SB in response to challenges faced in load forecasting due to declining electricity demand, changing economic composition, emerging trends and fluctuating weather patterns. This extensive project was broken up into three phases:

  • Phase 1 focused on the enhancement of the existing econometrics model
  •  Phase 2 involved the development of the end-use forecasting model (which also includes conducting a customer end-use saturation survey)
  • Phase 3 involved quantification of the impacts of renewable energy, electric vehicles, smart meters, Enhanced Time-of-Use tariff and high speed rail towards electricity demand. This phase also includes integration of the various models and scenario analysis.

The outcome of the project, which is the hybrid load forecasting model, was fully completed in December 2017.

To conclude and present the overall findings of this project, SB together with the project consultants (ie The Lantau Group (HK), The Brattle Group (US) and Applied Energy Group (US)) have recently organised a half-day workshop on 29 January 2018 in Bangsar.

The workshop was attended by 40 participants from ST, KeTTHA, EPU, GSO, TNB and SB.

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