Description: Load forecasting is the process of predicting future energy consumption based on historical data. This approach is grounded in the analysis of consumption patterns, seasonal trends, and external variables that may influence energy demand. Through statistical techniques and machine learning algorithms, energy needs can be modeled and anticipated, allowing for more efficient resource management. In the context of various technologies, load forecasting becomes even more relevant, as connected devices generate large volumes of data that can be used to improve the accuracy of predictions. This not only helps companies optimize their energy production and distribution but also contributes to sustainability by reducing waste and improving energy efficiency. The ability to foresee energy load allows organizations to better plan their operations, adjust supply to demand, and ultimately provide a more reliable service to consumers.
