A Methodology for Forecasting Discrete Approximations to the Load Duration Curve

Abstract The approach followed in this paper is to approximate a load duration curve within line segments (discrete approximations) and relate the length of these line segments to a set of economic and weather variables. This relationship allows one to forecast the segments which, in turn, provides a forecast of a discrete approximation to the load duration curve. All things considered, the model presented forecasts well and presents a substantial improvement over existing approaches to obtaining future load duration curves.