Utility Dive•about 2 months ago
Some load forecasts using ‘unrealistically high load factors’: Grid Strategies VP
Key Takeaway
Unreliable load forecasts create significant uncertainty for developers' investment strategies and large consumers' power procurement, potentially leading to misallocated resources or supply/demand imbalances.
AI Summary
- •Grid Strategies VP John Wilson highlights that current load forecasts are highly challenging to make accurate, with some potentially using 'unrealistically high load factors'.
- •This inaccuracy creates significant uncertainty for developers in planning new generation and transmission investments, risking oversupply or misallocation of resources.
- •For large power consumers, particularly those with growing demand like datacenters, unreliable forecasts complicate long-term power procurement strategies and impact cost predictability and supply reliability.
Topics
capacity-marketdatacenterinterconnectpolicytransmission