Results for tag: "Electrical Load Forecasting"

Electric Load Forecasting (ELF) is a process used by electricity providers to predict future electricity demand. It is used to plan for the generation, transmission, and distribution of electricity. ELF involves the use of historical data, weather forecasts, and other factors to estimate future electricity demand. ELF is an important tool for electricity providers, as it helps them to ensure that they have enough electricity to meet customer demand. ELF is also used to inform decisions about pricing, energy efficiency, and other aspects of electricity supply. By predicting future electricity demand, electricity providers can better plan for the future and ensure that they are able to meet customer needs. Some companies in the ELF market include Siemens, ABB, Schneider Electric, and Oracle. Show Less Read more