Load Forecasting

Load forecasting is the process of predicting future electricity demand, helping utilities plan how much power to generate and distribute. It uses historical usage data, weather patterns, and other factors to estimate how much electricity will be needed at different times. Accurate forecasts ensure reliable power supply, prevent outages, and optimize energy production, ultimately balancing supply and demand efficiently. This proactive planning is essential for maintaining a stable, cost-effective, and sustainable electricity system.