The electric power load during the summer peak time is strongly affected by cooling load, which decreases the preparation ratio of electricity and brings about the failure in the supply of electricity in the electric power system. The ice storage system and heat pump system etc. are used to settle this problem. In this study, the method of estimating temperature and humidity to forecast the cooling load of ice storage system is suggested. The method of forecasting the cooling load using neural network is also suggested. The daily cooling load is mainly dependent on actual temperature and humidity of the day. The simulation is started with forecasting the temperature and humidity of the following day from the past data. The cooling load is then simulated by using the forecasted temperature and humidity data obtained from the simulation. It was observed that the forecasted data were closely approached to the actual data.