Load Forecast definition

Load Forecast means an estimate or projection of end- use electricity consumption based on projected changes in future end-use, taking into account residential, commercial, industrial, and irrigation loads, populations, business cycles, appliance saturation, and efficiencies. It may be forecasted by sector or consumer class.
Load Forecast means the estimated future annual electricity usage that is used to help electric utilities make resource allocation decisions.
Load Forecast means an estimate or projection of a Utility’s electric loads and the factors that affect those loads, designed to determine, as accurately as possible, the Utility’s future demand for energy and Capacity.

Examples of Load Forecast in a sentence

  • In establishing the energy savings target (in reduced retail sales), each vintage year’s energy savings goal was determined based on the Company’s 2009 Spring Load Forecast and shall be adjusted only as provided in Section D.5 of this agreement.

  • FZPLDY = Final Zonal Peak Load Forecast for such Delivery Year; and FZWNSP = Zonal Weather-Normalized Peak Load for the summer concluding prior to the commencement of such Delivery Year; And where the PRD registration is associated with a sub-Zone, the Share of the Nominal PRD Value Committed in Base Residual Auction or Third Incremental Auction will be based on the Nominal PRD Values committed and registered in a sub-Zone.

  • The Load Forecast continues to predict long-term load 4 growth across all three customer sectors (refer to section 3.2 for details); 5 however, load is forecast to be lower compared to the 2013 Integrated 6 Resource Plan.

  • To the extent the FRR Entity’s allocated share of the Final Zonal Peak Load Forecast is less than the FRR Entity’s allocated share of the Preliminary Zonal Peak Load Forecast, such FRR Entity’s FRR Capacity Plan may be updated to release previously designated Capacity Resources in an amount no greater than the Forecast Pool Requirement times such decrease.

  • Municipality will assist VESI in obtaining any Load Forecast Information including, but not limited to, planned or unplanned reductions or increases in the natural gas consumption of the Aggregation Group.


More Definitions of Load Forecast

Load Forecast means an hourly projection of load prepared by a Transmission Customer for its load in the Company's service territory, consisting of, but not limited to, the aggregated load of customers using Monthly and Interval Meters, as adjusted for Transmission and Distribution Losses.
Load Forecast means the demand load forecast referred to in subsection 7.4.
Load Forecast means the initial load forecast of the New Load in excess of the Normal Capacity of the Existing Load Facilities used in the initial economic evaluation for the Economic Evaluation Period.
Load Forecast means a forecast prepared and stored by the FFR Provider and made available to National Grid in accordance with paragraph 4A.14.1;
Load Forecast means an estimate or projection of end-use electricity consumption based on
Load Forecast has the meaning given in Section 2.1 of the General Terms and Conditions.
Load Forecast means the estimated future annual electricity use, commonly measured as peak summer and winter demands, and used to help electric utilities make resource allocation decisions.