This course will benefit electric utility transmission and distribution engineers and managers, industrial, commercial and institutional electrical professionals and property managers of any condo complex or university campus, law firms and any entity with interests in load or energy forecasting, green energy and conservation.
Live Online Scheduled Course
Customized In-person Group Training
Live Online Group Training
Load Forecasting in Smart Grid Power Systems - This 12-hour live online instructor-led training course presents the most advanced methodologies to forecast the load in the short, medium and long term, in light of the integration of new technologies, regulatory changes and the penetration of renewable energy resources facilitated by the operating flexibility brought by power electronics.
The unique characteristics are discussed from a local, consumer centric and also from a system perspective bringing to life the ever changing paradigm for delivery energy to customers. Interoperability aspects and standards are discussed, as well as the consumer centric paradigm of Transactive Energy.
The course defines AI and machine learning and their relevance to the forecast of demand profiles. Special attention is given to the advanced AI applications and Machine Learning for load forecasts.
The course introduces the Blockchain as a new line of defense against cyber threats and its increasing application in P2P and Renewable Certificates. This course is designed for the management and practitioners in the power industry. It presents modern load forecasting methodologies in the context of the latest trends and technologies in the power system.
Live online course schedule
Sign Up For Our Electrical Training Newsletter – Stay Informed!
What you'll receive:
New course launches and schedules
Exclusive discounts and free resources
Practical tools, quizzes, and Free downloads
Who should attend
What you will get
1
1.2 Continuing Education Unit (CEU) credits
2
Load Forecasting in Smart Grid Power Systems Certificate
3
100-page Arc Flash/Electrical Safety Handbook (Value $20)
4
Free magazine subscription (Value $25)
5
$50 coupon toward any future Electricity Forum event
6
Course presentations in PDF format
Load Forecasting in Smart Grid Power Systems - Course Outline
DAY ONE (6 hour course)
LOAD FORECASTING METHODOLOGIES and DEMAND SIDE MANAGEMENT
1. Introduction:
- Historical Evolution of the Electrical Power Systems
- Performance Requirements: Power System Controls
- Active Power and Reactive Power Control in RENEWABLES and DER
- Regulatory Frameork in North America and Europe: NERC, ENTSO
- Control Operator-ISO, Dispatcher: Reliability, Adequacy, Security limits, Operating States
- Power System Control Actions: Voltage Reduction, Load Shedding
- Abnormal frequency, restoration plans
2. LOAD DEMAND PATTERNS
- Short Term Load Forecasting Models: Operating Time Frame
- Long Term Load Forecasting: Planning Time Frame
- Load Forecast Uncertainty, MAPE Index
- Best business practices
- Weather Normal load forecasting
3. METHODOLOGY for SHORT TERM LOAD FORECAST
ARTIFICIAL INTELLIGENCE
- AI and Artificial Neural Networks- ANN
- AI and ANN Applications in Power Systems:
- Machine Learning
- Autoregressive integrated moving average
- Method (ARIMA) Discuss outliers
- Density?based clustering techniques
Support vector regression techniques
- MAPE - improved methodology
- Training the algorithm for Short Term Load Forecast and Solar Energy Forecasts
- Volumetric Risk: Weather Response
- Weather Normal Load Database
- Industry methods: ITRON
4. METHODOLOGY for LONG TERM LOAD FORECASTING: ECONOMETRIC MODELS
- Assumptions
- Key Drivers
- Customer Classes and sectors
- Customer Delivery Point Forecast
- Macroeconomics: GDP Forecast, Population Growth
- Conservation and Demand Management Forecast
- Weather Correction Analysis
- Annual Econometric Model
- Monthly Econometric Model
- Methodology for Customer Forecast
5. DEMAND SIDE MANAGEMENT and the PHYSICAL SYSTEM
- Load Frequency Control
- Load Pricing Control
- Load Shedding
6. SMART METER ECOSYSTEM
- Utility data analytics industry ecosystem
- Smart meters and advanced metering infrastructure (AMI)
- Advanced grid controls and sensors
- Accessible energy data for end-use demand response
7. ENERGY STORAGE and DEMAND SIDE MANAGEMENT
- State of the art in energy storage
- Electrical Vehicles: Impact on LOAD Profile and Demand Side Management Programs
8. MARKET ECONOMICS: Examples from Canada, Europe, USA
- Example : Design of an Electricity Market
- Real Time Market
- Economic Dispatch: Constrained and Unconstrained Dispatch
DAY TWO (6 hour course)
SMART GRID
9. INTEGRATION OF SMART GRIDS with a MODERN DISTRIBUTION UTILITY
- Communication Requirements
- Relief to Distribution UtilitiesSystems Interface Architecture
- Impact of Plug-In Electric Vehicle Charging Infrastructure on the LOAD PROFILE
10. SMART GRID STRATEGY
- Automation and Control
- Grid and a Transactive Operation
- Societal Benefits of the Smart Grid
- ADVANCED SMART GRID APPLICATIONS: Components of Smart Enabling Demand Response, storage and DER
TRANSACTIVE ENERGY
11. The Big Picture- Vision 2030
- TRANSACTIVE ENERGY - THE PROSUMER
- P2P Energy Trading
- Distributed Energy Resources and Communication Requirements
- Collaboration between Market Entities and Government Agencies
- Cloud Services for Utilities – NAESB for GREEN BUTTON and ORANGE BUTTON
12. IOT – Internet of Things
- A brief look into Interoperability
- Most utilized IOTs
- IOE- Internet of Everything
- Role of the IED
13. INTERNET OF THINGS WORLD FORUM REFERENCE MODEL
- How it impacts the Conservation and Demand Response Programs-The Power of Virtual Devices
- SMART DEVICES
- THE SMART HOME OF THE FUTURE: Telecom, Energy, Health/ The HOME as an ENTREPRISE
- THE SMART CITY
14. BLOCKCHAIN
- Security Certification ; Vulnerability
- Blockchain Applications in the Power Industry-
- P2P Trading
- Trading Renewable Certificates
COURSE SCHEDULE:
Both days:
Start: 10 a.m. Eastern Time
Finish: 4:30 p.m. Eastern Time
Live online course registration fees & CEU credits
Download free discount coupon
1
Enter Your Information
Fill out the form below with your name and email address.
2
Receive Your Coupon
Check your email for a message with a link to your $50 discount coupon.
3
Register for the Course
Use the coupon code when you sign up for the Advanced Electrical Safety Training course to save $50 off the regular price.
Group Offer
Register 3, Get 1 Free
Register 3 delegates at the full price of $249 each and get the 4th registration free! Perfect for companies, safety departments, and teams looking to train multiple employees at once.
Register Now
1st
$249
2nd
$249
3rd
$249
4th
FREE
Earn Continuing Education Unit (CEU) Credits
- Successful completion of this course qualifies delegates to receive a certificate of course completion with indicated CEUs.
- CEUs are granted by the Engineering Institute of Canada.
- One CEU is equivalent to 10 professional development hours of instruction.
- This course earns 0.6 CEUs.
Request a free training quote – Live Online & In-Person Group Training
Whether you choose live online or in-person instruction, our electrical training can be customized to your needs and delivered to your team at one or multiple locations.
Interactive
– Real-Time Q&A
Tailored
– Built To Your Needs
Flexible
– Join From Any Location
Cost-Saving
– No Travel Expenses
Certified
– Earn CEU Credits
Discounted
– Multi-Course Savings
Our instructors will work with you to assess your team's skills and tailor the training to match your requirements.
Complete this handy form and I will send you a FREE written Quotation on any electrical training you need! Or send me an email and I will contact you to discuss your electrical training requirements Today!
R.W. HURST
PRESIDENT, THE ELECTRICITY FORUM TRAINING INSTITUTE
randy@electricityforum.com
Get the 2025 Live Online Training Catalog
Explore 50+ live, expert-led electrical training courses – interactive, flexible, CEU-certified.
Download Catalog
Download Course Brochure
Get detailed information about this course in our comprehensive brochure.
Download Brochure (PDF)
Group Offer
Register 3, Get 1 Free
Register 3 delegates at the full price of $249 each and get the 4th registration free! Perfect for companies, safety departments, and teams looking to train multiple employees at once.
Register Now
1st
$249
2nd
$249
3rd
$249
4th
FREE