Forecasting energy demand

image alternative scenarios for forecastDo you need energy forecasts? Regulated network businesses need forecasts of average and peak energy demand, to convert revenue caps into customer prices. Retailers need more detailed time of day forecasts to structure their hedging portfolios.

Forecasting energy demand is becoming more complicated due to take-up of energy efficiency and embedded generation, which is not metered. Longer term forecasts also need to take into account disruptive technologies such as electric vehicles, which will increase average demand and may increase peak demand, and storage, which should balance off peak and peak demand. Standard factors of population growth and price elasticity can be handled using econometrics.

Strategex can forecast energy demand and review forecasts prepared by others. We have strong experience in solar PV and electric vehicles. We have not worked for regulators within the previous few years, so have no conflict of interest.

Contact Strategex for assistance.