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:
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.