@inproceedings{a415fe672e614b8ea0b41b1c921b9503,
title = "Validation of the Ornstein-Uhlenbeck process for load modeling based on μPMU measurements",
abstract = "This paper investigates the suitability of the Ornstein-Uhlenbeck process, driven by various L{\'e}vy processes, for load modeling at the distribution network level. An indepth description outlining the procedure for estimating the required parameters is given. Both the statistical properties of the simulated processes and its auto-correlation is compared to that of the field measured data to demonstrate the suitability of the proposed methodology. The development of such stochastic models is facilitated by measures obtained from micro-synchrophasors (μPMU's). The data from these devices serves to demonstrate the need to model the volatility along with validating a model attempting to model said volatility.",
keywords = "Distribution system, load modelling, micro-synchrophasors (μPMU's), Ornstein-Uhlenbeck process, volatility",
author = "Ciaran Roberts and Stewart, \{Emma M.\} and Federico Milano",
note = "Publisher Copyright: {\textcopyright} 2016 Power Systems Computation Conference.; 19th Power Systems Computation Conference, PSCC 2016 ; Conference date: 20-06-2016 Through 24-06-2016",
year = "2016",
month = aug,
day = "10",
doi = "10.1109/PSCC.2016.7540898",
language = "English",
series = "19th Power Systems Computation Conference, PSCC 2016",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
booktitle = "19th Power Systems Computation Conference, PSCC 2016",
}