Annual Peak Demand Forecast definition
Examples of Annual Peak Demand Forecast in a sentence
The System Operators shall break the Annual Peak Demand Forecast down into Weekly Peak Demand Forecasts by examining the ratio of each Outturn Weekly Peak Demand to that of the Outturn Annual Peak Demand from previous Years.
The System Operators shall perform a yearly review of the performance of the previous Year’s Annual Peak Demand Forecast in order to determine possible improvements to the methodology for the production of the Annual Peak Demand Forecast for the subsequent year.
The System Operators shall examine as part of these reviews whether temperature correction of Annual Peak Demand Forecast and Weekly Peak Demand Forecast yields any benefit in terms of accuracy.
The System Operators shall produce an Annual Peak Demand Forecast for the coming year based on a linear regression analysis of the peaks from previous Years.
This review will involve analysis of the accuracy of the previous Year’s Annual Peak Demand Forecast and the Weekly Peak Demand Forecasts against the Outturn data.
No additional processing in addition to that described in paragraphs M.1 to M.7 inclusive shall be carried out by the System Operators to derive the Annual Peak Demand Forecast and Weekly Peak Demand Forecast.