Author : Harshad P. Oak and Shrikant J. Honade

In recent years, load forecasting has become one of the major areas of research. Three kinds of forecasting can be performed depending on its occasion scale: short-, medium- and long-term. Short-term forecasts , in exacting have become even more important due to extensive rise of the spirited market. One of the most important benefits of the Short-term forecast is reliability for the system i.e. to make these savings reliable via optimal accurate forecasting. Artificial Neural Networks (ANNs) have been found useful in many non-linear applications employing knowledge-based techniques. This is mainly true for applications such as time-series examination. The success of applying ANN in time-series study has motivated a number of researchers to look at their use in solving the STF trouble. The adaptive neuro-fuzzy inference system presents a good option for the total and automatic parameter purpose for non-linear and real time scenarios.

Keywords: Short term load forecasting (STLF), adaptive neuro fuzzy inference system (ANFIS), neural network (NN).

Article published in International Journal of Current Engineering and Technology, Vol.5, No.3 (June-2015)