Modeling electricity loads in California: ARMA models with hyperbolic noise

In this paper we address the issue of modeling and forecasting electricity loads. We apply a two-step procedure to a series of system-wide loads from the California power market. First, we remove the weekly and annual seasonalities. Then, after analyzing properties of the deseasonalized data we

• Type: Journal
• Year: 2002
• Where: SIGPRO
• Authors: J. Nowicka-Zagrajek, R. Weron
• Keywords: Autoregressive Moving Average Model, California Power Market, SIGPRO 2002, System-wide Loads