Long Term Load Forecasting for sustainable Electricity Market and Regulation in Jordan

Electricity is a unique commodity characterized by simultaneous generation and consumption, as it cannot be stored in large quantities. Accurate forecasting of electric load demand is therefore essential to avoid overproduction, which wastes resources, or underproduction, which can lead to blackouts caused by insufficient supply. In Jordan, the rapid population growth and urban expansion have highlighted the inadequacies of traditional methods for load forecasting and power system planning. Researchers have historically focused more on short- and mediumterm load forecasting due to their lower parameter requirements and higher accuracy compared to long-term forecasting. These challenges provided strong motivation to implement the LongTerm Load Forecasting (LTLF) study for Jordan to support…