Accurate identification of parameters of load models is essential in power system computations, including simulation, prediction, and stability and reliability analysis. Conventional point estimation based composite load modeling approaches suffer from disturbances and noises and provide limited information of the system dynamics. In this work, a statistic (Bayesian Estimation) based distribution estimation approach is proposed for both static (ZIP) and dynamic (Induction Motor) load modeling. When dealing with multiple parameters, Gibbs sampling method is employed. In each iteration, the proposal samples each parameter while keeps others fixed. The proposed method provides a distribution estimation of load models coefficients and is robust to measurement errors.
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