Power Consumption Prediction Methods In Metallurgical Companies

Power consumption is a key component in all technical branches, not only in metallurgical companies. The reason is quite simple. Consumed energy is often the last area, where can be realized economical saving. If the company want to save some energy fees, it has to reduce penalty fees, which arise from wrong power consumption estimation over the time. This paper is dedicated to prediction methods, based on historical energy data, which can be used to proper power consumption estimation.