A Short Guide to Electric Utility Load Forecasting
Jan 1, 1986
A Survey and Forecast
|PDF file||2.6 MB||
Use Adobe Acrobat Reader version 10 or higher for the best experience.
|Add to Cart||Paperback80 pages||$25.00||$20.00 20% Web Discount|
The demand for electricity depends on the demand throughout the economy for electricity-using services. Forecasts of electricity consumption are typically based on a few measures of aggregate economic activity, population growth, energy policy changes, and the stock of electricity-using equipment. This report describes the economic factors that should be accounted for in a forecast. It summarizes the forecast values, and the models used to derive them, that have been obtained from major national and regional forecasts. The authors analyze one leading forecasting model--the Regionalized Electricity Model--in detail. They then modify the model to incorporate new equations representing the demand for electricity and use them to generate new forecasts for both the United States and one geographic region. Finally, they investigate the degree of uncertainty associated with electricity load forecasts.
This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.