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Electricity Demand and Price Forecasting with MATLAB


Electricity Demand and Price Forecasting with MATLAB


Sponsored by:

Duration: 1 hour
jue, oct 28, ’10 – 14:00PM (EDT)


Thursday, Oct 28, 2010 
2:00 PM ET / 11:00 AM PT / 18:00 GMT (Duration: 1 hour)

In this webinar, you will learn how MATLAB can be used to forecast short-term electricity load (demand) and prices.  Nonlinear regression and neural network modeling techniques are used to demonstrate accurate modeling using historical, seasonal, day-of-the week, and temperature data.
Highlights include:
·         Forecasting short-term electricity loads and prices
·         Accessing data from regional wholesale electricity markets
·         “White-box” modeling using customizable algorithms and viewable-source functions
·         Deploying and integrating an energy load forecaster
This webinar is for practitioners at power generators, utilities or energy trading groups whose focus is transmission planning, distribution operations, derivative valuation, or quantitative analysis. Familiarity with MATLAB is not required.


Ameya Deoras, Application Engineer, MathWorks
Amaya focuses on the Finance industry. Prior to joining MathWorks in 2008, Ameya undertook graduate research in computational gene prediction as well as robust speech recognition, both involving building statistical models for pattern recognition on large datasets using MATLAB. Ameya holds a B.S. in Electrical Engineering from the University of Illinois and an M.S. in Electrical Engineering from the Massachusetts Institute of Technology.

Graham Dudgeon, Energy Production Industry Marketing Manager for MathWorks
Graham has worked on physical modeling and control design, and he has worked with a broad range of customers in the energy, aerospace, defense, marine, automotive, and transport industries.  He has also worked with the Centre for Economic Renewable Power Delivery (CERPD) and as Senior Research Fellow for the Rolls-Royce University Technology Centre at the University of Strathclyde, and with with the Defence Evaluation and Research Agency, an agency of the UK Ministry of Defence.  Graham has received a M.Eng.(Distinction) in avionics and a Ph.D. in multivariable control from the University of Glasgow, U.K.

Dexter Johnson
Analyst at Cientifica, a business intelligence company for emerging technologies
Author and Editor of several market reports on nanotechnology
Contributing editor for IEEE Spectrum’s Tech Talk
Program Director for numerous international conferences on nanotechnology, fiber optic telecommunications and IT

·      Electrical Engineers
·      Engineering Management
·      Power & Energy Professionals
·      Engineering Faculty

Attend this Webinar and Earn CEUs!
The IEEE Educational Activities department is now offering participants who have attended an IEEE Spectrum webinar the opportunity to earn either CEU’s (Continuing Education Unit ) or PDH’s.  Register now and for any queries email eab-ceuadmin@IEEE.ORG.

The IEEE has been approved as an Authorized Provider by the International Association for Continuing Education and Training (IACET).  In obtaining this approval, the IEEE has demonstrated that it complies with the IACET Standards which are widely recognized as standards of good practice internationally.  As a result of their Authorized Provider membership status, IEEE is authorized to offer IACET CEUS for its programs that qualify under the IACET Standards.
IEEE IACET CEU Provider #1001255

Register now for this Webinar!
Click here to Register



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