The art of forecasting demand
http://www.erasmusenergy.com/articles/8/1/The-art-of-forecasting-demand/Page1.html
Anne Ku
By Anne Ku
Published on 09/20/2007
Keywords: forecasting
Published in: Global energy business
Publication year: 2002
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.
Published in: Global energy business
Publication year: 2002
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.
The Art of forecasting demand
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.