ABSTRACT
Simulation-based and hybrid approaches to spatial electric load forecasting almost always offer the best combination of accuracy, representativeness, and useful format for studying electric load growth. Like any other tool, they work best when their functions and subtleties are well understood, and when they are applied with skill and focus. This chapter discusses some of the practical considerations in using simulation for electric utility applications. It begins with a section that reviews the most important elements behind the application of any forecast, simulation based or otherwise, in section 21.2. Despite the generality, focus of this section is predominately on concepts most useful when applying simulation-based methods, although a good deal of its recommendations are also useful when working with trending and hybrid methods.
