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- The art of forecasting demand
The art of forecasting demand
- By Anne Ku
- Published 09/20/2007
- Forecasting
- Unrated
Winning in competitive electricity markets takes a fair amount of educated guesswork. energy marketers cannot be certain that their future delivery of power at the price specified in a long-term contract will earn them a profit—because supply, demand, and the going rate may differ from expectations at the time the contract was signed. As a result, energy traders are only as good as the load forecasts they use.
