According to Neher & McGrath-Temperature and Load Capability of Cable Systems:
In practice, the load carried by a cable is rarely constant and varies according to a daily load cycle having a load factor(lf).Hence, the losses in the cable will vary according to the corresponding daily loss cycle having a loss factor (LF).
From examination of a large number of load cycles and their corresponding load and loss factor:
(LF)=0.3(lf)+0.7(lf)^2 per unit [eq.3] where:
LF=loss factor
lf=load factor