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Quick Learn Approach for load forecasting during COVID 19 lockdown
Load forecasting is extremely important for day today operations and trading of any distribution utility. In recent times due to pandemic situation, the imposition of lockdown has caused all the commercial and industrial activities to shutdown. This has profoundly impacted the entire nation’s electrical demand consumption. The consumption levels as well as the profiles have changed drastically. This has affected the forecast accuracy of the utilities exposing them to financial and technical risks. This paper presents and analyses the impact of COVID 19 on load consumption of a urban distribution utility. It also proposes a new forecasting model called ‘Quick Learn Approach’ (QLA) developed specifically for such lockdown period. Its main aim is to quickly learn and adapt to the constantly changing load consumption pattern while giving fairly accurate forecasts. The performance of the QLA model is compared with several other standard forecasting models so as to ensure its effectiveness.
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).2 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
