Analysing the electricity demand pattern
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The electricity demand of a nation speaks of its social standard, pace of economic growth, geographical variations and demography of the population at large. Understanding and forecasting of load characteristics have been complex due to its dependency on large number of factors which affects it i.e. weather condition, geographical diversity, sunrise/sunset times, seasonal diversity etc. The detailed study of the electricity consumption invokes a knowledge of its trend and seasonality which can be exploited to extrapolate the demand characteristics. The authors have tried to analyze some of the quantifiable and predictable factors and their impact on a particular area on the nation as a whole. These factors have then been modeled as variables to develop linear regressions for modelling the expected demand.